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Derek FreyLive Look at Today's Markets
Expert: Derek Frey
Start: Wed, Oct 10, 17:00 GMT
Sponsored by: http://mediaserver.fxstreet.com/images/provider/Odom & Frey Futures, FOREX & Options/logo_36x13.gif
Type of Session: Webinar


Tony JusteWhat moves currencies? − Free−Access Day
Expert: Tony Juste
Start: Thu, Oct 11, 10:00 GMT
Sponsored by: http://mediaserver.fxstreet.com/images/provider/FXstreet.com/logo_36x13.gif
Type of Session: Webinar


Sponsored by
Wed, Oct 10, 16:00 GMTTimescale EuroJoseph TrevisaniWBNSponsored by
Wed, Oct 10, 17:00 GMTLive Look at Today's MarketsDerek FreyWBNSponsored by Odom & Frey Futures, FOREX & Options
Thu, Oct 11, 10:00 GMTWhat moves currencies? − Free−Access DayTony JusteWBNSponsored by FXstreet.com
Thu, Oct 11, 12:00 GMTUS Pre−Market Open − Free Access DayEd PonsiWBNSponsored by
Thu, Oct 11, 13:00 GMTTechnical Analysis : What You Should Have Known Before Trading − Free−Access DayFlávio LemosWBNSponsored by
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Current Session: U.S.

GBP/USD

Mid−Day Forex Technical Report − Dollar Continues to Soften, More Downside Ahead by ActionForex.com

Cable's strong rebound from 2.0255 extends further today and break of 2.0440 resistance indicates correction from 2.0492 has completed at 2.0255. At this point, intraday bias will stay on the upside as long as 2.0363 minor support holds.

[ Full Story ]

Other Topics for this Session:

FX Thoughts for the Day − FX Thoughts for the day − Evening − 10−Oct−2007....1230 GMT by Kshitij Consultancy Service

FX Daily Commentary − Dollar Sell Off All Across The Board… by FXGreece

Currency Majors Technical Analysis − GBP USD moves without trend by Mataf.net

Currencies at a Glance

EUR/USD
Trades above first resistant level 1.4140 with both fast and slow MA are still rising
10/10/2007 15:43 GMT
GBP/USD
Stays around first resistant level 2.0424 with mixed direction on fast and slow MA
10/10/2007 15:43 GMT
USD/CHF
Back above first support level 1.1808
10/10/2007 15:43 GMT
USD/JPY
Continues to trade between pivot level 117.14 and first resistant level 117.48 with narrow daily range
10/10/2007 15:44 GMT

Analyst Sentiment Index (ASI)

Analysts Sentiment Index - EUR/USD


EUR

**Source : ActionForex.comCMS ForexDanske Bank A/SFXstreet.comGlobal Forex TradingMizuho Corporate Bank

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

Charting the Market Movers

GBP USD, Hourly


GBP/USD

USD JPY, Hourly


USD/JPY

Top Market Movers Preview

Japan BOJ INTEREST RATE DECISION

Date (GMT)EventCons.Previous
Oct 1103:00BoJ Interest Rate Decision0.5%0.5%

Bank of Japan to forego rate hike amid uncertainty about credit risk (Thomson Financial News)

The Bank of Japan is expected to forego hiking interest rates at the two−day policy meeting which kicks off today due to uncertainty about the underlying risk that the credit crunch may pose to global financial markets and the global economy, analysts said Wednesday.

[ Full Story ]

Top Market Movers Review

US WHOLESALE INVENTORIES

Date (GMT)EventActualCons.Previous
Oct 1014:00Wholesale Inventories0.1%0.3%0.2%

DATA SNAP: US Wholesale Inventories Miss Expectations (Dow Jones)

U.S. wholesalers' inventories inched higher in August, increasing at a rate lower than expected as demand for their goods accelerated. Wholesale inventories rose by 0.1% to a seasonally adjusted $399.02 billion.

[ Full Story ]

US economic indicators - Trade balance could have narrowed slightly again in August by BHF−Bank

Economic Events

Date (GMT)CountryEventActualCons.Previous
Oct 1014:00US Wholesale Inventories (Aug) 0.1%0.3%0.2%
14:30UK Leading Indicator Index -0.2%-0.2%
23:50JP Current Account (Aug) ¥2240B¥1856B
Oct 1101:30AU Employment Change (Sep) 20.031.9
01:30AU Unemployment Rate (Sep) 4.3%4.3%
03:00JP BoJ Interest Rate Decision 0.5%0.5%
06:30JP BoJ's Governor Fukui Speaks 
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