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GBP/USD Forecast March 1-5 - Pound slips below 1 40

GBP/USD had its first losing week in almost two months, as the US dollar rebounded. The upcoming week has five releases, including PMIs. Here is an outlook for the highlights and an updated technical analysis for GBP/USD. UK employment numbers were stronger than expected. Unemployment claims fell by 20 thousand, the first drop in three months. Wage growth continues to accelerate and hit 4.7% in December, up from 4.1%. The unemployment rate remained unchanged at 5.1%. At a parliamentary hearing, BoE policymakers said they did not expect inflation to shoot above the bank’s 2% inflation target In the US, Fed Chair Powell had a dovish message for the markets in his testimony before Congress. Second-estimate GDP for Q4 came in at 4.1%, revised upwards from 4.1%. There was positive news from Durable Goods reports, with strong acceleration in January. The headline read jumped 3.4% while Core Durable Goods rose 1.4%.

United kingdomFed chair powellDurable goodsCore durable goodsPrice indexBudget releaseExchequer rishi sunakSpring statementஒன்றுபட்டது கிஂக்டம்ஊட்டி நாற்காலி போவல்நீடித்த பொருட்கள்கோர் நீடித்த பொருட்கள்ப்ரைஸ் குறியீட்டுபட்ஜெட் வெளியீடுகருவூலம் ரிஷி சுனக்வசந்த அறிக்கை

USD/CAD Forecast March 1-5 - US dollar bounces back

The Canadian dollar posted sharp losses at the end of the week and USD/CAD rose close to 1 percent on the week. There are four events in the upcoming week, including GDP. Here is an outlook for the highlights and an updated technical analysis for USD/CAD. Canada’s data calendar was light last week. Corporate Profits posted a second straight gain, at 7.9%. On the inflation front, the Raw Materials Price Index rose 5.7%, above expectations and its highest gain since January. In the US, Fed Chair Powell had a dovish message for the markets in his testimony before Congress. Second-estimate GDP for Q4 came in at 4.1%, revised upwards from 4.1%. There was positive news from Durable Goods reports, with strong acceleration in January. The headline read jumped 3.4% while Core Durable Goods rose 1.4%.

Raw materials price indexFed chair powellDurable goodsCore durable goodsரா பொருட்கள் ப்ரைஸ் குறியீட்டுஊட்டி நாற்காலி போவல்நீடித்த பொருட்கள்கோர் நீடித்த பொருட்கள்

EUR/USD Forecast March 1-5 - Euro sags below 1 21 at end of week

EUR/USD was down sharply on Friday and posted a losing week. There are seven events on the calendar this week, including PMIs and eurozone inflation. H ere is an outlook at the highlights and an updated technical analysis for EUR/USD. German Ifo Business Climate improved to 92.4, up from 90.1. This marked a 5-month high. However, German GfK Consumer Climate came in at -12.9, marking an 11th successive decline. France, the second-largest economy in the eurozone, showed a 1.4% contraction in GDP in Q4 of 2020. Eurozone headline CPI gained 0.9% and the core reading climbed 1.4% in January. This confirmed the original estimate.

Services pmisIfo business climateGerman gfk consumer climateFed chair powellDurable goodsCore durable goodsRetail salesFactory ordersஇபோ வணிக காலநிலைஊட்டி நாற்காலி போவல்நீடித்த பொருட்கள்கோர் நீடித்த பொருட்கள்சில்லறை விற்பனைதொழிற்சாலை ஆர்டர்ஸ்

Forex Weekly Outlook March 1-5 - Powell stays dovish, PMIs and US nonfarm payrolls next

The US dollar showed some bounce last week, posting gains against other major currencies. Covid remains a major drag on economic growth, but there is

United kingdomFed chair powellDurable goodsCore durable goodsInflation reportKingdom annual budget releaseExchequer rishi sunakSpring statementஒன்றுபட்டது கிஂக்டம்ஊட்டி நாற்காலி போவல்நீடித்த பொருட்கள்கோர் நீடித்த பொருட்கள்வீக்கம் அறிக்கைகிஂக்டம் ஆண்டு பட்ஜெட் வெளியீடுகருவூலம் ரிஷி சுனக்வசந்த அறிக்கை

Trumpnado Sparks Late-Day Lurch Lower In Stocks, Dollar Drops On Dismal Data

Trumpnado Sparks Late-Day Lurch Lower In Stocks, Dollar Drops On Dismal Data
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Core durable goodsPersonal incomeTiktok investorsSmall capRelief billகோர் நீடித்த பொருட்கள்தனிப்பட்ட வருமானம்திக்டோக் முதலீட்டாளர்கள்சிறிய தொப்பிதுயர் நீக்கம் ர சி து