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NEXT WEBINARS
What moves currencies? - Analyzing today's data
Expert: Tony Juste
Start: Wed, Jan 24, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Topics
- UK and Europe data
- Preview of US data
24 hour Outlook
Expert: John Putman
Start: Thu, Jan 25, 18:00 GMT
Sponsored by:
Type of Session: Webinar
Topics
- GBP/USD, etc.
- EUR/USD
Current Session: U.S.
EUR/USD
Mid-Day Forex Technical Report - Euro Rebounds Strongly on Solid Data and Hawkish Comments by ActionForex.com
EUR/USD rises strongly today, extending the rebound from 1.2865 to as high as 1.3042 so far. At this point intraday bias remains on the upside as long as EUR/USD stays above 1.2965 resistance turned support and further rise is still in favor. However, key resistance level remains on 1.3052 cluster resistance (38.2% retracement of 1.3364 to 1.2865 at 1.3057)
- 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:
Forex Trading Strategies - ECB Hawks Sending EURUSD Higher by Saxo Bank
Daily Forex Forecast - Daily Forex Forecast by FXDream
Global FX Daily - U.S. Edition - EUR-USD moves higher – USD weak on Iranian by Mellon Foreign Exchange
Currencies at a Glance
- EUR/USD
- Trades above 1.3000
1/23/2007 2:31:07 PM - GBP/USD
- Drops back below 1.9875 after hit 1.9900
1/23/2007 2:32:00 PM - USD/CHF
- Moves down below 1.2400
1/23/2007 2:32:47 PM - USD/JPY
- Trades below 121.50
1/23/2007 2:33:43 PM
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading Ltd. , KBC Bank, Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
Australia CPI
| Period | Previous | Consensus | Time |
| 4Q (Headline) | 3.9% | 3.6% | Jan 23, 00:30 GMT |
| 4Q (Market Prices) | 2.1% | 2.3% | Jan 23, 00:30 GMT |
Economic Release Alert - Australian CPI To Steer The RBA by FXCM
Australian inflation is expected to have cooled in the final months of 2006, though the real question is whether it will be enough to check the RBA's hawkish turn. The market is set with economists' consensus of a 0.2 percent increase for the quarter. Subsequently, if this figure is matched with the actual print, it would be the slowest pace of price growth in three years.
[ Full Story ]Top Market Movers Review
US Leading Indicators
| Period | Previous | Consensus | Actual |
| December | 0.0% | 0.2% | 0.3% |
US Leading Indicators; 0.3% up in December by FXstreet.com
The Conference Board's Leading Indicator Index has grown by 0.3% to a level of 138.0 in December from a downwardly revised 0.0% reading in November, down from the initial 0.1% increase.
- Leading indicators rose in December (AFX News)
- Economic indicators index rises in Dec. (AFX News)
- Tony Juste, FX Advisor at FXstreet.com:
"Leading indicators data is odorless to the market as it just met expectations and little more could be said here. The Dollar is not getting any help from the positive data, as the amrket had already anticipated that. However, the economic reading of the data is that in the short-term, the US economy could still be in a healthy tone." - FXstreet.com
Canada CPI
| Period | Previous | Consensus | Actual |
| December | 0.2% | 0.2% | 0.2% |
Unexpected decrease on Canadian Core CPI by FXstreet.com
Core CPI has decreased unexpectedly in December due to cheaper vehicles and clothes, while the main CPI grew on gasoline prices, according to the latest report by the Canadian statistics office.
- Consumer prices accelerated for the fourth consecutive month in December - Statistics Canada
- Canada Dec CPI up 0.2 pct vs Nov, up 1.6 yr-on-yr (AFX News)
- Canada Retail Sales edge up in November (FXstreet.com)