Forex Crunch EUR/USD Outlook – December 27-31

Forex Crunch EUR/USD Outlook – December 27-31

EUR/USD Outlook – December 27-31

Posted: 25 Dec 2010 04:40 PM PST

The Euro had yet another bad week, which it closed lower. The light calendar during the holidays should supply stable trading, but there still are downside risks. Here’s an outlook for the Irish events, and an updated technical analysis for EUR/USD. Europe’s second largest economy, France, isn’t far from danger – it could also be [...]

USD/JPY Outlook – December 27-31

Posted: 25 Dec 2010 01:30 PM PST

Monetary Policy Meeting Minutes, housing data and Tokyo Core CPI are the main events to close 2010. Here's an outlook for the Japanese events and an updated technical analysis for USD/JPY. Japanese Finance Minister Yoshihiko Noda said the government has managed to meet its targets for the 2011/12 budget aiming to reduce its public debt which [...]

GBP/USD Outlook – December 27-31

Posted: 25 Dec 2010 11:22 AM PST

The British pound had a bad week before Christmas. This calendar is quite light this week. Here’s an outlook for the British events and an updated technical analysis for GBP/USD. The growing worries about British austerity measures are a heavy weight on the pound, which is losing also to other currencies except the dollar. Will [...]

AUD/USD Set to Fall On Chinese Rate Hike

Posted: 25 Dec 2010 07:41 AM PST

The Chinese finally did it  - they raised the interest rate in “the hide of the night”, during Christmas. This is likely to hurt the Australian dollar, and could endanger parity. Update on this sneaky move. After avoiding this move for a long time, the Chinese tightening finally becomes serious. China’s authorities have raised the [...]
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