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Jerry FurstWeekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Sep 3, 11:00 GMT
Sponsored by: http://mediaserver.fxstreet.com/images/provider/Investors Education Network/logo_36x13.gif
Type of Session: Webinar


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Expert: Wayne McDonell
Start: Fri, Sep 7, 12:00 GMT
Sponsored by: http://mediaserver.fxstreet.com/images/provider/FxBootcamp/logo_36x13.gif
Type of Session: Webinar


Sponsored by
Mon, Sep 3, 11:00 GMTWeekly Webinar: 1st on Forex − The Week AheadJerry FurstWBNSponsored by Investors Education Network
Mon, Sep 3, 12:00 GMTUS Pre−Market Open Ed PonsiWBNSponsored by
Mon, Sep 3, 13:00 GMTFX Instructor Live Trading Room Sunil MangwaniWBNSponsored by FX Instructor
Mon, Sep 3, 13:30 GMTUS Session Open Ed PonsiWBNSponsored by
Mon, Sep 3, 15:00 GMTAdvanced Methods for Finding Dominant Trends in Forex Markets Steve PrimoWBNSponsored by
[ View All ]

Current Session: U.S.

EUR/USD

Mid−Day Forex Technical Report − Dollar Recovers after Solid Data and Bernanke by ActionForex.com

After being pressured for most of the day, dollar recovers in US session after some solid data and Bernanke's speech. In his address to Jackson Hole meeting, Bernanke said that Fed will do what's necessary to limit damage to the economy that may be resulted from problems in the housing markets. The Fed will continue to "monitor the situation and will act as needed to limit the adverse effects on the broader economy that may arise from the disruptions in financial markets." And the Fed is ready to "take additional actions as needed to provide liquidity and promote the orderly functioning of markets."

[ Full Story ]

Other Topics for this Session:

Daily Outlook − USD/JPY: Confidence level − moderate by Karoll

Foreing Exchange − Euro: Rebounded just ahead 1.3553 support yesterday and rallied to test 1.3680 resistance once again by Avantage Financial GMBH

Daily Recommended Trades − EUR/USD daily outlook by E−Forex

Currencies at a Glance

EUR/USD
Trades around pivot level 1.3632
08/31/2007 16:06 GMT
GBP/USD
Trades above pivot level 2.0115
08/31/2007 16:06 GMT
USD/CHF
Trades around first resistant level 1.2079
08/31/2007 16:06 GMT
USD/JPY
Trades around pivot level 115.76
08/31/2007 16:07 GMT

Analyst Sentiment Index (ASI)

Analysts Sentiment Index - EUR/USD


EUR

**Source : ActionForex.comCMS ForexDanske Bank A/SFXstreet.comGlobal Forex Trading Ltd. Mizuho Corporate Bank

[ View ASI page ] [ View EUR/USD page ]

Charting the Market Movers

EUR USD, Hourly


EUR/USD

USD JPY, Hourly


USD/JPY

Top Market Movers Preview

UK PMI MANUFACTURING INDEX

Date (GMT)EventCons.Previous
Sep 308:30PMI Manufacturing Index-55.7

Friday Notes - ECB: Rate Hike Postponed For Now by HVB Group

After an unexpectedly strong reading in July (when the PMI rose markedly to 55.7 from the previous 54.3), we expect the manufacturing PMI to edge down in August to 54.9.

[ Full Story ]

Top Market Movers Review

US FACTORY ORDERS

Date (GMT)EventActualCons.Previous
Aug 3114:00Factory Orders3.7%0.7%0.6%

DATA SNAP: US Jul Factory Orders Rise More Than Expected (Dow Jones)

Factory orders climbed in July more than expected and bookings for expensive goods were revised higher, a pair of signs the manufacturing sector was in solid shape beginning the second half of 2007.

[ Full Story ]

US FED'S BERNANKE SPEAKS

Date (GMT)EventActualCons.Previous
Aug 3114:00Fed's Bernanke Speaks---

Mid−Day Forex Technical Report − Dollar Recovers after Solid Data and Bernanke by ActionForex.com

After being pressured for most of the day, dollar recovers in US session after some solid data and Bernanke's speech.

[ Full Story ]

Daily Forex Technical Report − Dollar Mixed ahead of Bernanke, Swiss Lower after CPI by ActionForex.com

Sunrise Market Commentary: Currencies - Waiting for Bernanke by KBC Bank

Sunrise Market Commentary: Fixed Income - US Treasuries looking forward to Bernanke speech by KBC Bank

Economic Events

Date (GMT)CountryEventActualCons.Previous
Aug 3114:00US Fed's Bernanke Speaks 
14:00US Reuters/Michigan Consumer Sentiment Index (Aug) 83.482.790.4
Sep 307:55DE PMI Manufacturing Index (Aug) 56.8
08:00EMUPMI Manufacturing Index (Aug) 54.9
08:30UK PMI Manufacturing Index (Aug) 55.7
Sep 409:00EMUGross Domestic Product s.a. (QoQ) (2Q) 0.7%
09:00EMUGross Domestic Product s.a. (YoY) (2Q) 2.5%
[ View All ]
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