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NEXT SPECIAL WEBINARS

Fed Fund and FX Binaries - A Fundamental Approach
Expert: Peter A. Rosenstreich
Start: Tue, Apr 10, 16:00 GMT
Sponsored by: http://mediaserver.fxstreet.com/images/provider//logo_36x13.gif
Type of Session: Webinar
Topics
- The Exchange - Who is HedgeStreet?
- Fed Fund Binaries - What is a Fed Fund Binary?
- FX Binaries - What is an FX Binary?
- Trading- How to integrate Fed Fund and FX binaries into your trading strategy?


Live Coverage of ECB Announcement - Live Free-Access Day
Expert: Ed Ponsi
Start: Thu, Apr 12, 11:30 GMT
Sponsored by: http://mediaserver.fxstreet.com/images/provider/FXstreet.com/logo_36x13.gif
Type of Session: Webinar


Current Session: U.S.

EUR/USD

Mid-Day Forex Technical Report - Dollar Soars on Strong Employment Report by ActionForex.com

Mar NFP added 180k jobs, much higher than expectation of 120k. Feb's job growth was also revised up from 97k to 113k. Unemployment rate unexpectedly fell to 4.4% from 4.5%, meeting last Oct's low. Meanwhile average earnings rose by 0.3%. Dollar reverses yesterday's loss against Euro which reached a 2 year high and dips back below 1.34 level. Meanwhile, Sterling continues yesterday's post BoE meeting weakness and extend further southward against dollar.

[ Full Story ]

Other Topics for this Session:

Currency Crosses: Trading Beyond Majors - Euro Commodity Crosses Correcting Higher Before the Next Leg Lower by FXCM

Daily Forex Currency Outlook - USDJPY by ZeeTrade

Daily FX Mirror by AvatarFX

Currencies at a Glance

EUR/USD
Drops below first support at 1.3373 after good US NFP data
04/06/2007 14:48 GMT
GBP/USD
Drops below first support at 1.9663 after good US NFP data
04/06/2007 14:48 GMT
USD/CHF
Moves up above first resistant at 1.2199 after good US NFP data
04/06/2007 14:48 GMT
USD/JPY
Moves up above second resistant at 119.26 after good US NFP data
04/06/2007 14:48 GMT

Charting the Market Movers

EUR USD, Hourly


EUR/USD

GBP USD, Hourly


GBP/USD

Top Market Movers Preview

US FOMC MINUTES

Date (GMT)EventCons.Previous
Apr 1118:00FOMC Minutes--

Friday Notes - Rising risks for us consumption by HVB Group

Investors will look for details on the decision to change the statement. Bernanke told Congress that weakening the rate hike bias was done not to show neutrality (he said an anti-inflation bias is still in force) but to add “flexibility.” To us, that means the Fed may ease at some point, but only in reaction to an economic slowdown that is much worse than experienced up to now.

[ Full Story ]

Top Market Movers Review

US NONFARM PAYROLLS

Date (GMT)EventActualCons.Previous
Apr 612:30Nonfarm Payrolls180K118K113K

Forex Commentaries and Forecasts - Good US Job’s report and the reasons for the weak dollar by World-Signals®

After one of the biggest speculation for 2007 cause the break of EURUSD above 1.3410 yesterday the traders back on the ground. The US economy Jobs report is not so bad. Even the US Jobs market is in fantastic good situation!

[ Full Story ]

Daily Fx Strategy - Jobs Report to Provide Relief than Optimism by CMC Markets NY

Mid-Day Forex Technical Report - Dollar Soars on Strong Employment Report by ActionForex.com

Currency Currents by Black Swan Capital

Economic Events

Date (GMT)CountryEventActualCons.Previous
Apr 605:00JP Leading Economic Index (Feb) Preliminary Release30.0%40.9%
12:30US Average Workweek (Mar) 33.933.833.7
12:30US Hourly Earnings (Mar) 0.3%0.3%0.4%
12:30US Nonfarm Payrolls (Mar) 180K118K113K
12:30US Unemployment Rate (Mar) 4.4%4.6%4.5%
14:00US Wholesale Inventories (Feb) 0.5%0.4%0.7%
19:00US Consumer Credit (Feb) $5.0B$6.4B
Apr 904:00JP Interest Rate Decision 0.5%
Apr 1005:45CH Unemployment Rate 3%
06:00JP BoJ Governor Fukui Speaks 
[ View All ]
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