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We start the week with Services PMI in the UK and more. Let’s see what awaits us today.

In Europe, Retail Sales, key gauge for consumer spending and affected the overall economic activity; about to reduce from 0.7% on August to 0.1% now.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/forex-daily-outlook-%E2%80%93-september-5-2011/"]Forex Daily Outlook – September 5 2011[/URL][/I][/B]

[url="http://www.daytradingbias.com/?page_id=1093"]Weekly Outlook[/url] updated for the week of Sep 05 to 09.

You can view the latest charts and comments [url="http://www.daytradingbias.com/?page_id=1093"]here[/url].
Previous week comments and charts can also be found on the same page.

For those who are interested in mechanical approach to chart analysis, check out our [i]Weekly Cycle Projection[/i] - it provides [url="http://www.daytradingbias.com/?page_id=6847"]visual weekly forecast[/url] for the markets we support.

[b]Free Symbol Rotation[/b] this week is offering the premium reports on the pair [color=green][b]EURUSD[/b][/color] for FREE.

[url="http://www.daytradingbias.com/?page_id=399"]Sign ...

Gold and silver ended August with moderate gains, but by the end of last week they have risen very sharply. On Friday, the US labor employment report didn't show any increase in employment; this news is probably one of the factors that drove the US stock markets down and pushed gold and silver up. This news along with the slight slowdown in the growth of US PMI manufacturing index may have rekindled the debate over the chances of another stimulus plan by the Federal Reserve. If QE3 will be implemented, it may add inflation pressures in the US and drive major commodities prices further up. Currently, however there is no evidence that the Fed will issue a QE3.

For the complete weekly report of gold and silver see in Trading NRG ...

The Canadian dollar followed the US weakness and retreated. A busy week is a head with the rate decision, employment figures, housing data and Ivey PMI. Here’s an outlook for the Canadian events, and an updated technical analysis for the Canadian dollar.

Last week Canadian domestic growth rate has rebounded in June after 0.3% drop in the previous month. This rise was in line predictions indicating Canadian economy is back to expansion. Will this trend continue?

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/usdcad-outlook-%E2%80%93-september-5-9/"]USD/CAD Outlook – September 5-9[/URL][/I][/B]