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NEXT SPECIAL WEBINARS
Fed Fund and FX Binaries - A Fundamental Approach
Expert: Peter A. Rosenstreich
Start: Wed, Apr 25, 19:00 GMT
Sponsored by: 
Type of Session: Webinar
Raghee Horner's Morning Forex
Expert: Raghee Horner
Start: Wed, Apr 25, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: U.S.
EUR/USD
Mid-Day Forex Technical Report - Dollar Pressured after Weak Data, EUR/USD to Test 04 High by ActionForex.com
EUR/USD's retreat from 1.363 was contained above 4 hours 55 EMA and rebounds strongly in early US session. Break of 1.3605 minor resistance indicates that fall from 1.3636 has completed and retest of this high should follow. Break will confirm that recent rally has resumed for 04 high of 1.3668.
- EUR/USD watch (II) by Tony Juste
- Check out how the currency moved on Live Currency Rates & Charts at FXstreet.com
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
- Be up to date with the Latest Forex News
- Read the comments to the latest market moves at our Forex Forum
Other Topics for this Session:
Currency Crosses: Trading Beyond Majors - Yen Crosses to Move Higher off of Immediate Support by FXCM
US Trading Preview - The dollar continues to extend its recovery against the sterling and Aussie by Forexnews.com
Daily Forex Forecast - Daily Forex Forecast by FXDream
Currencies at a Glance
- EUR/USD
- Trades around 1.3615 after bounced at last week high at 1.3636
04/24/2007 16:41 GMT - GBP/USD
- Moves back below today's pivot at 2.0015 after bounced at first resistant level 2.0054
04/24/2007 16:42 GMT - USD/CHF
- Trades above second support level at 1.2023 after bounced at last week low 1.2001
04/24/2007 16:42 GMT - USD/JPY
- Moves back trade around today's pivot at 118.62
04/24/2007 16:42 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : CMS Forex, Danske Bank A/S, Finotec Group Inc., 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
Germany IFO - BUSINESS CLIMATE
| Date (GMT) | Event | Cons. | Previous | |
| Apr 25 | 08:00 | IFO - Business Climate | 107.0 | 107.7 |
US Open Market Points - Euro – Industrial Orders Plunge - Will IFO Follow? by FXCM
The soft numbers from the industrial new orders report therefore put into question the market’s rather optimistic assessment of the IFO survey due tomorrow at 8:00 GMT. Analysts predict a reading of 107.9 - higher than the prior months 107.7 - and within decade long highs of 108.7 set in December of 2006.
[ Full Story ]EMU economic indicators - The German ifo business climate might deteriorate in April by BHF-Bank
Top Market Movers Review
US CONSUMER CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 24 | 14:00 | Consumer Confidence | 104.0 | 105.0 | 108.2 |
ECONOMIC REPORT: U.S. April Confidence Lowest Since Last August (Dow Jones)
U.S. consumer confidence fell for the second straight month to its lowest level since last August, the Conference Board reported Tuesday. The consumer confidence index fell to 104.0 in April from a revised 108.2 in March.
[ Full Story ]- Read Consumer Confidence Index Declines at The Conference Board
- CURRENCIES: Dollar Steady Before Housing, Consumer Data (Dow Jones)
- Consumer confidence falls in April (AFX News)
- DATA SNAP: US Conference Board Apr Consumer Confidence Declines (Dow Jones)
UK CBI INDUSTRIAL TRENDS SURVEY - TOTAL ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 24 | 13:15 | CBI Industrial Trends Survey - Total Orders | 2% | 6% | 8% |
UK CBI Industrial Output, in line with the expectations (FXstreet.com)
UK Industrial output continues growing at a good pace in April, according to the latest survey by the Confederation of British Industry. The Industrial Output balance has reached +18 level after the +21 of the previous month, figures in line with the economist's forecasts.
[ Full Story ]Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 24 | 06:15 | CH | Trade Balance (Mar) | 0.718B | 1.380B | |
| 09:00 | EMU | Industrial New Orders (YoY) (Feb) | 4.7% | 12.2% |
||
| 09:00 | EMU | Industrial New Orders s.a. (MoM) (Feb) | -0.7% | -0.1% |
||
| 13:00 | CA | Bank of Canada Rate Decision | 4.25% | 4.25% | 4.25% | |
| 13:15 | UK | CBI Industrial Trends Survey - Total Orders (Apr) | 2% | 6% | 8% | |
| 14:00 | US | Consumer Confidence (Apr) | 104.0 | 105.0 | 108.2 |
|
| 14:00 | US | Existing Home Sales (Mar) | 6.12 | 6.50 | 6.69M | |
| 14:00 | US | Richmond Fed Manufacturing Index (Apr) | -11 | -6 | -10 | |
| Apr 25 | 08:00 | DE | IFO - Business Climate (Apr) | 107.0 | 107.7 | |
| 08:30 | UK | Gross Domestic Product (QoQ) (1Q)  | 0.6% | 0.7% | ||