Posts from: December 2012

Forecast for the week of 3.12.2012-7.12.2012

The coming week will be the first week of the month, traditionally rich in important macroeconomic reports, capable of impacting the US Dollar’s positions, having determined its prospects for the entire December. On Monday, December 3 (15:00 GMT), The Supply Management Institute will provide data on the Manager’s Industrial Orders Index and on Wednesday, December 5 (15:00 GMT) an equivalent report on the non-industrial sector will be issued. The apotheosis of the week will be the new jobs and unemployment data by the Labor Statistics Bureau (Friday, December 7, 13:30 GMT), and the day earlier the participants will be following the similar data by ADP Inc. (Thursday, December 6, 13:50 GMT). 

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Report for the week of 26.11.2012-30.11.2012

The US Dollar for the period of November 26-30 lost its positions as the demand for the economic growth assets persisted on the global financial markets. Over this period, no significant macroeconomic data was released, capable of impacting the currency market, yet the US President Barack Obama and the influential Republican congressmen announced again that the “fiscal gap” negotiations are moving on satisfactory, having expressed confidence that the problem will be solved by the end of 2012.

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