InstaForex Nigeria forex market review and forecast for Eur/Usd pair 7th - 11th May
www.instafxng.com InstaForex Nigeria presents forex market critique and forecast for Eur/Usd pair for the week 7th - 11th May.
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Weekly Forex Forecast - August 8, 2011
Forex - Taiwan July trade growth rebounds, beats forecast
July export and substance growth rebounded to 17.6% y/y and 14.0% y/y from June's 10.8% and 12.5% individually, faster than our expectations for 12.0% and 13.0%, while market was expecting a further slowdown to 8.8% and 11.5%.
From the hinterlands breakdown, we can see that the biggest contributor is the rebound in exports to China & Hong Kong, which went up from 4.6% y/y in June to 15.1% in July. China & Hong Kong account for about 40% of the key's total exports, thus the performance of these two regions plays a crucial r in determining the health of the island's external sector. Other important contributors are the ricochet in demand in the USA and Singapore, which saw growth of 22.5% and 23.1% respectively, vs June's 14.9% and 15.6%. Imports, on the other lunch-hook, were mainly led by Hong Kong, China and South Korea, whose growth went up to 27.9% and 17.9% singly, from 20.7% and 10.8% in June.
EUR/USD Weekly Review 13 Sep – 17 Sep 10
Bullish impulse was Non-Standard presently correct at the start of the trading week.
The European Commission mentioned that Europe’s compactness may spring up almost twice as much this year than earlier forecast. It will indubitably be 1.7% versus the 0.9% predicted...
EUR/USD Daily Review 14 Sep 10
Yesterday we distinguished that the European Commission mentioned that the European compactness may greater almost twice as in the past forecast. This was a belief booster for the Euro Zone and the EUR/USD developed a bullish thrust. Having said so, mentions...
EUR/USD Daily Review 13 Sep 10
The European Commission mentioned today that Europe’s restraint may develop almost twice as much than some time ago forecast this year. Indubitably 1.7% versus the 0.9% estimated during the budget shortage calamity of the Euro Zone in May. Investors quite...
