{"id":19705,"date":"2011-02-21T07:45:19","date_gmt":"2011-02-21T12:45:19","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=19705"},"modified":"2011-02-21T07:45:19","modified_gmt":"2011-02-21T12:45:19","slug":"preview-of-the-week-of-feb-21-25","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/02\/21\/preview-of-the-week-of-feb-21-25\/","title":{"rendered":"Preview of the Week of Feb. 21-25"},"content":{"rendered":"

By Dan Eduard<\/strong><\/p>\n

The next week promises to be quite volatile as a large amount of significant news out of the US gets set to be released. Following this week\u2019s bearish run from the USD, investors are anxious to see whether the dollar will be able to stage an upward correction.<\/p>\n

USD traders will want to pay particular attention to Tuesday\u2019s CB Consumer Confidence figure, as well as Wednesday and Thursday\u2019s Existing and New Home Sales figures. Early predictions are showing that each figure is likely to improve slightly over last month. In addition, Thursday\u2019s Unemployment Claims figure is likely to generate heavy activity in the marketplace. After this week\u2019s disappointing figure, all eyes will be closely watching to see if the number of unemployed people drops in the US. If so, the dollar may turn out to have a profitable week.<\/p>\n

The euro is also likely to see some volatility next week. In addition to specific indicators like Monday\u2019s German Ifo Business Climate and Friday\u2019s French Consumer Spending figure, traders will want to focus on any news regarding euro-zone debt. The last few weeks has seen the 17-nation single currency drop as renewed sovereign debt worries in the euro-zone caused investors to turn away from the currency. It appears that the euro will not be able to stage a consistent recovery until a concrete plan is established to combat the debt issues.<\/p>\n

Forex Market Analysis provided by ForexYard. <\/a><\/strong><\/em><\/span>
\n<\/a><\/strong><\/em><\/p>\n

\u00a9 2006 by FxYard Ltd<\/p>\n

Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading.<\/p>\n","protected":false},"excerpt":{"rendered":"

The next week promises to be quite volatile as a large amount of significant news out of the US gets set to be released. Following this week\u2019s bearish run from the USD, investors are anxious to see whether the dollar will be able to stage an upward correction.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-19705","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/19705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=19705"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/19705\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=19705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=19705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=19705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}