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  1. Forex Weekly Outlook November 5-9

    by , 11-03-2012 at 06:13 AM
    [COLOR=#444444][FONT=Arial][B]The US dollar eventually made a strong move higher with help from Non-Farm Payrolls. US Presidential Elections will be in the spotlight in the upcoming week. In addition, rate decisions in the Eurozone, Australia and the UK among more important US events all promise an exciting week. Here is an outlook on the major events to shape forex trading.[/B][/FONT][/COLOR]
    [COLOR=#444444][FONT=Arial]Last week [URL="http://www.forexcrunch.com/non-farm-payrolls-171k-unemployment-rate-7-9/"]The US published an excellent jobs report[/URL], revealing a 171,000 job increase in October with a rise to 7.9% in unemployment rate due to higher participation rate. In Europe, hopes for a deal on Greece came and went very fast. ...
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  2. EUR/USD Slipping After Weak Spanish, Italian PMIs, Ahead of NFP

    by , 11-02-2012 at 07:08 AM
    [COLOR=#000000][FONT=Arial][B][URL="http://www.forexcrunch.com/category/forex-weekly-outlook/eur-usd-outlook/"]EUR/USD[/URL] continues to weaken from yesterday’s (November 1st) levels, as Spanish and Italy Manufacturing PMIs posted lowers readings than the previous month. At a meeting of the Euro-zone finance ministers on Wednesday, there were optimistic reports of progress on the thorny issue of more aid for Greece under the bailout agreement. In Spain, the government continues to hedge regarding a bailout, which is adding to market uncertainty and keeping pressure on the euro. The shortened trading week wraps up with two key employment releases out of the US – Non-Farm Employment Change and the Unemployment Rate. With the US presidential ...
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  3. EUR/USD Under Pressure as Markets Wary About Greece, Spain Uncertainty

    by , 11-01-2012 at 07:58 AM
    [COLOR=#444444][FONT=Arial][B][URL="http://www.forexcrunch.com/category/forex-weekly-outlook/eur-usd-outlook/"]EUR/USD[/URL] has weakened from yesterday’s (October 31st) levels, as Hurricane Sandy has subsided and the US begins to slowly recover from the devastating storm. The weather may be better in Europe, but the markets are anything but calm as the uncertainty over Greece and Spain continue. At a meeting of the Euro-zone finance ministers on Wednesday, there were reports of progress on the thorny issue of more aid for Greece under the bailout agreement. In Spain, the government continues to hedge regarding a bailout, which promises to keep pressure on the euro. There are no Euro-zone releases today, with France and Italy enjoying a bank ...
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  4. EUR/USD Rising as US Struggles with Sandy Aftermath

    by , 10-31-2012 at 07:54 AM
    [COLOR=#444444][FONT=Arial][B][URL="http://www.forexcrunch.com/category/forex-weekly-outlook/eur-usd-outlook/"]EUR/USD[/URL] is moving upwards, as the US struggles to recover following the devastation and misery caused by Hurricane Sandy, which slammed the US northeast coast earlier this week. The weather may be better in Europe, but the markets are anything but calm as the crises in Greece and Spain continue. Euro-zone finance ministers will hold a conference call later today to discuss Greece’s progress under its austerity program, but the markets aren’t expecting any decisions on further bailout aid to Greece. In economic news, German Retail Sales looked very sharp, but the Euro-zone Unemployment Rate crept up to 11.6%, another record ...
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