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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Oct 9, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
What Moves Currencies?
Expert: Tony Juste
Start: Tue, Oct 9, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Oct 8, 16:00 GMT | Trading with Tim Billups  | Tim Billups | WBN | |
| Tue, Oct 9, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Oct 9, 10:00 GMT | What Moves Currencies? | Tony Juste | WBN | |
| Tue, Oct 9, 11:00 GMT | FX Instructor Live Trading Room | Mihai Marinescu | WBN |  |
| Tue, Oct 9, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
Current Session: U.S.
EUR/USD
Mid−Day Forex Technical Report − Dollar Higher in a Quiet Day by ActionForex.com
Dollar is mildly higher in a relatively quiet day . Markets continues to cut back the expectation of aggressive rate cut from Fed after last Friday's solid NFP report. On the other hand, Euro hesitates to to extend Friday's late rebound after weaker than expected German data and with markets still unsure on rate expectation after less hawkish than expected ECB press conference last week. With a market holiday in the US, trading will likely continue to be light. Focus will indeed turn to tomorrow's FOMC minutes and retail sales on Friday.
[ Full Story ]- Know what's behind the Markets at Tony Juste's blog
- New Webinars Video − Access now Educational Sessions Recordings
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
- Be up to date with the Latest Forex News
Other Topics for this Session:
Spot Forex Trades − Dollar is supportive this week by Forex Survivor
Preview Strategies for − Preview Strategies for US SESSION by AKforex
Daily Technical Strategist − EURUSD: Nearer Term Weakness Targets The 1.4033/00 Zone by FXTechstrategy
Currencies at a Glance
- EUR/USD
- Continues to move down below first support level 1.4056
10/08/2007 15:44 GMT - GBP/USD
- Moves down toward first resistant level 2.0334
10/08/2007 15:45 GMT - USD/CHF
- Moves up above first resistant level 1.1843
10/08/2007 15:45 GMT - USD/JPY
- Continues to trade above first resistant level 117.37
10/08/2007 15:45 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading, Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
GBP USD, Hourly
USD JPY, Hourly
Top Market Movers Preview
Germany INDUSTRIAL PRODUCTION S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Oct 9 | 10:00 | Industrial Production s.a. (MoM) | 0.5% | 0.1% |
Friday Notes - Secular USD downward trend to continue by HVB Group
Industrial production has peaked. The high growth rates posted last year will undoubtedly not be repeated. But order books remain filled. Accordingly, we expect the weak monthly dynamic in the two preceding months to be followed by a robust m−o−m increase again for August.
[ Full Story ]Top Market Movers Review
Germany FACTORY ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 8 | 10:00 | Factory Orders (MoM) | 1.2% | 2.2% | -6.1% |
DATA SNAP: German Aug Mfg Orders Rebound Slightly On Month (Dow Jones)
German manufacturing orders rebounded slightly less than expected in August, after demand in July was revised upward, while foreign orders gave momentum to the rebound, data from the Ministry of Economics showed Monday.
[ Full Story ]- German Federal Ministry of Economics and Technology Homepage
- Forex − Euro lower against dollar after weak German data (Thomson Financial News)
- German Aug manufacturing orders up 1.2 pct vs July; consensus up 1.7 pct (Thomson Financial News)
- Germany Factory Orders (MoM) rise to 1.2% in August from −6.1% (FXstreet.com)
UK PRODUCER PRICE INDEX − INPUT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 8 | 08:30 | Producer Price Index − Input (YoY) | 6.4% | 4.3% | 0.7% |
| Oct 8 | 08:30 | Producer Price Index − Output (MoM) | 0.1% | 0.2% | 0.1% |
| Oct 8 | 08:30 | Producer Price Index − Output (YoY) | 2.7% | 2.9% | 2.5% |
| Oct 8 | 08:30 | Producer Price Index − Input (MoM) | 3.2% | 1.5% | -1.4% |
UK input prices surge by 3.2 pct in Sept from Aug on high oil, wheat prices (Thomson Financial News)
Sharp rises in crude oil and wheat prices caused UK raw materials costs to jump by their highest amount in over two and a half years during September.
[ Full Story ]Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 9 | 01:30 | AU | National Australia Bank's Business Confidence | 10 | ||
| 06:00 | DE | Trade Balance (Aug) | 16.2B | 17.9B | ||
| 08:30 | UK | Total Trade Balance | -4.4B | |||
| 10:00 | DE | Industrial Production s.a. (MoM) (Aug) | 0.5% | 0.1% | ||
| 10:00 | DE | Industrial Production s.a. w.d.a. (YoY) | 3.9% | 4.6% | ||
| 12:15 | CA | Housing Starts (YoY) (Sep) | 218.0K | 226.5K | ||
| 18:00 | US | FOMC Minutes | ||||