Recent content by gabsasso

Trade Balance (CHF); USD needed to take advantage of the opportunity to correct some of its losses vs the CHF, but failure to break above parity could keep the pair in its recent range between 0.945 and 1.00 and probably it will move sideways in the 0,9500-0,9900 range.

The Current Account which signifies the overall economic standing is expecting to appreciate at -2.0B. It directly influences the nation's currency valuation to adjust in the subsequent events. Thus, it would mean a good one for the euro as it would mean that the currency demand would...

Last month, the Public Sector Borrowings was seen to be in a tremendous hike at 15.6B from 15.3B, if this further adjust in the consecutive events, British pound may experience great deterioration for positive figure merely reflects growing budget deficit in the market.

Businesses react quickly to market conditions, and changes in their expectations can be an early signal of future economic activity, such as spending, hiring, and investment. The decline in recent month shows troubles for the British economy. But we have to remember Britain is still in...

The Unemployment Claims released by the US Department of Labor measure the number of individuals who are unemployed and are currently receiving unemployment benefits. And based on previous data, the no. of claims registered around 435,000, but forecasts are noting that it might decrease below...

An important gauge of consumer spending measuring the total sales at retail establishments. After 3 consecutive gains, a registered loss was registered on the previous release. So, due to the above history of GBP, I will remain neutral this coming Nov 18 2010

The Leading Index Indicator was seen to drop by -0.1% in the previous month, after a 0.1 % increase in August. Bank of Canada lowered its third quarter economic growth forecast to 1.6% from 2.8% and said growth will slow to 2.3 percent next year after the government slows stimulus spending. A...

Last month, the Public Sector Borrowings was seen to be in a tremendous hike at 15.6B from 15.3B, if this further adjust in the consecutive events, British pound may experience great deterioration for positive figure merely reflects growing budget deficit in the market.