The U.S. Department of Labor will publish the weekly Initial Jobless Claims report tomorrow (Oct 29).
The report is a measure of the number of people who file for unemployment benefits for the first time during the given week. This data is collected by the Department of Labor, and published as a weekly report.
The number of jobless claims is used as a measure of the health of the job market, as a… Continue
Added by forexpros on October 28, 2009 at 3:54pm —
The U.S. Census Bureau will publish the Monthly Core Durable Goods Orders report tomorrow (Oct 27th ).
The report measures the change in the total value of new orders for durable goods, excluding transportation.
Because aircraft orders are very volatile, the core number gives a better gauge of orders trends.
Higher reading indicates activity increase by manufacturers.
A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected… Continue
Added by forexpros on October 27, 2009 at 2:15pm —
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The US Department of Labor will publish its weekly Initial Jobless Claims Report Tomorrow (22 Oct).
The Report is a measure of the number of people who file for unemployment benefits for the first time during the given week.
The number of jobless claims is used as a measure of the health of the job market, as a series of increases indicates that there are fewer people being… Continue
Added by forexpros on October 21, 2009 at 4:12pm —
Tomorrow (Oct 21) The Bank of England's (BOE) Monetary Policy Committee (MPC) will publish its record of the committee's interest rate meeting held two weeks ago.
The meeting gives a picture of economic conditions in the UK, and records the votes of the individual members of the Committee.
If the BOE is hawkish about the inflationary outlook, it should be taken as positive/bullish for the… Continue
Added by forexpros on October 20, 2009 at 1:17pm —
Traders await the Bank of Canada’s (BOC) decision on short term interest rate which will be announced tomorrow (Tuesday, 20/10).
The decision on where to set interest rates depends mostly on growth outlook and inflation. The primary objective of the central bank is to achieve price stability. High interest rates attract foreigners looking for the best "risk-free" return on their money, which… Continue
Added by forexpros on October 19, 2009 at 2:04pm —
InTheMoneyStocks.com breaks out the key technical analysis techniques they have become famous for. They analyze the charts on the market to showcase their technical trend line analysis, price, pattern and time values. By utilizing these methods and not using the common technical tools which almost never work anymore, they are able to call every major and minor market move avoiding Wall Street hype. InTheMoneyStocks.com looks at major support and resistance levels on the… Continue
Tomorrow (Oct 15) The US Treasury Department will publish the monthly Treasury International Capital (TIC) Net Long-Term Transactions Report.
The report measures the monthly difference in value between US purchases of long-term foreign securities and foreign purchases of US long-term securities.
The TIC flows is a key resource of the US government for offsetting the Trade Deficit. It can give a good… Continue
Added by forexpros on October 15, 2009 at 1:00pm —
Traders in the U.S await tomorrow's publication of the Department of Labor's monthly CPI measurement (Oct 15).
The Core Consumer Price Index (CPI) measures the changes in the price of goods and services excluding food and energy.
The CPI measures price change from the perspective of the consumer.
It is a key way to measure changes in purchasing trends and inflation in the US.… Continue
Added by forexpros on October 14, 2009 at 1:54pm —
Tomorrow (Wednesday, Oct 14) the US Core Retail Sales monthly report will be published.
The Core Retail Sales is a monthly measurement of all goods sold by retailers based on a sampling of retail stores of different types and sizes in the US, excluding auto. It is an important indicator of consumer spending and also correlated to consumer confidence… Continue
Added by forexpros on October 13, 2009 at 1:51pm —
The Euro advanced to 1.4761 before retreating back to 1.4682, and with that, it stayed for the whole past 24 hours above the important support specified in yesterday's report 1.4668, keeping our positive outlook intact. But even with this new high, things have changed a lot, because the Euro is threatened with a correction for the whole move from 1.4480, after spotting reversal signals… Continue
Added by forexpros on October 7, 2009 at 1:57pm —
The Euro broke the falling trend channel for the short-term, twice, but in the two times it stopped at 1.4646. Which will make this resistance specifically the most important for the short-term. A break here would be a confirmation of the break of the descending channel, and the start of the rise back to areas above 1.47, specially 1.4720. For the next few days, a break of 1.4646, and successfully reaching areas above 1.47, might mean the end of the… Continue
Added by forexpros on October 5, 2009 at 2:07pm —
The Euro is testing at this very moment the short-term support 1.4563, after dropping hard in the last half hour. This support is the last barrier before testing Fibonacci 50% which is at 1.4509. Short-term resistance is 1.4622, and breaking it would give another attempt to reach 1.47 (after yesterday's attempt). If 1.4563 is broken, then the falling correction will try to reach Fibonacci 50% support at 1.4509, or Fibonacci 61.8% at 1.4430. In this case, this support in… Continue
Added by forexpros on October 1, 2009 at 5:31pm —