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What moves currencies? - Trade Balance in sight
Expert: Tony Juste
Start: Wed, Jan 10, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Topics
- The importance in the exchange rate
- Posible market implications
What moves currencies? - Previewing IR decisions
Expert: Tony Juste
Start: Thu, Jan 11, 11:00 GMT
Sponsored by:
Type of Session: Webinar
Topics
- What is the expected data?
- What could drive the markets?
Current Session: U.S.
EUR/USD
Daily Forex Forecast - Daily Forex Forecast by FXDream
EUR/USD has eased down to 1.3000 level after the rally to 1.3053 in the early European Trade, supported by strong data from Germany. Poor economic calendar today ahead of the important US Trade Balance Numbers on Wednesday. In short term the bias remains bearish with first target at 1.2973 Friday double bottom.
- Check out how the currency moved on Live Currency Rates & Charts at FXstreet.com
- Insight on the fundamentals in the Fundamentals section at FXstreet.com
- What's next on the agenda? Take a look at our Economic Events Calendar
- What's going on in the markets? Read our latest Forex news
Other Topics for this Session:
Global FX Daily - U.S. Edition - 1.3125 needs to break to offer some confidence renewal in EUR-USD upside by Mellon Foreign Exchange
1st on Forex - The Week Ahead - Dollar Strength - New Trend or a Correction? by Investors Education Network
Technical Analysis Special - Technical analysis special: EUR/NOK by Mizuho Corporate Bank
Currencies at a Glance
- EUR/USD
- Moves down below 1.3000
1/9/2007 4:12:49 PM - GBP/USD
- Moves down below 1.9400
1/9/2007 4:14:24 PM - USD/CHF
- Moves up above 1.2400
1/9/2007 4:15:50 PM - USD/JPY
- Continues to move up toward 119.50
1/9/2007 4:17:10 PM
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
Australia Westpac Consumer Confidence
| Period | Previous | Time |
| January | 11.8% | Jan 9, 23:30 GMT |
Weekly Commentary - Aust Jan Westpac-MI Consumer Sentiment by Westpac Institutional Bank
The consumer mood continues to fluctuate. The Westpac-MI Consumer Sentiment Index rebounded 11.8% in December to 106.2, to be 1% above October. Interest rate rises have added to debt servicing costs, however once again (wrongly in our view) there is a sense that rates have already peaked.
[ Full Story ]Top Market Movers Review
Canada Housing Starts
| Period | Previous | Consensus | Actual |
| December | 224.9K | 220.0K | 211,5K |
Housing starts decreased 7.8% in December by FXstreet.com
Starts of new houses in Canada have fallen by 7.8% in December, to a seasonally adjusted annual rate of 211,500 from 229,300 units in November, according to the monthly report by Canada Mortgage and Housing Corporation. The experts advanced an annual rate of 230,000 starts.
[ Full Story ]- Housing Starts in 2006 Reach Their Second Highest Level in Nearly Two Decades Despite Cooling in December - Canada Mortgage and Housing Corporation
- Canada lodges WTO complaint against U.S. (AFX News)