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Live Sessions Schedule
What Moves Currencies? − Preview of the Week Ahead
Expert: Tony Juste
Start: Mon, Oct 15, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Oct 15, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Oct 12, 16:00 GMT | Trading with Tim Billups  | Tim Billups | WBN | |
| Mon, Oct 15, 10:00 GMT | What Moves Currencies? − Preview of the Week Ahead | Tony Juste | WBN | |
| Mon, Oct 15, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Oct 15, 13:00 GMT | FX Instructor Live Trading Room | Nader Moustafa | WBN |  |
| Mon, Oct 15, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
Current Session: U.S.
GBP/USD
Mid−Day Forex Technical Report − Dollar in Range after Positive Data, Yen Lower on Carry Trade by ActionForex.com
Cable recovers after extending lower to 2.0243 earlier today. After all, consolidation from 2.0492 could still be in progress. But downside is still expected to be contained by 2.0195 cluster support (50% retracement of 1.9879 to 2.0492 at 2.0186) and bring another rally. Firm break of 2.0492 will confirm recent rise from 1.9879 has resumed for next upside target of 100% projection of 1.9652 to 2.0365 from 1.9879 at 2.0592.
- Know what's going on in the markets at Tony Juste's blog
- Long−term Forex Perspectives: Our new blog by John Jagerson and S. Wade Hansen
- 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:
Currency Majors Technical Analysis by Mataf.net
FX Thoughts for the day − Evening − 12−Oct−2007....1158 GMT by Kshitij Consultancy Service
Forex Technical Report USD/JPY by iFOREX.bg
Currencies at a Glance
- EUR/USD
- Moves down back below pivot level 1.4190 . Fast and slow MA move in mixed direction
10/12/2007 14:42 GMT - GBP/USD
- Trades below pivot level 2.0350
10/12/2007 14:43 GMT - USD/CHF
- Trades around first resistant level 1.1854 . Fast and slow MA are rising
10/12/2007 14:43 GMT - USD/JPY
- Trades above pivot level 117.36
10/12/2007 14:44 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
New Zealand CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Oct 14 | 21:45 | Consumer Price Index (QoQ) | - | 1% |
Morning Report - Euro up as Fed rate outlook weighs on dollar by Westpac Institutional Bank
NZD rallies as carry trade dominates. The NZD traded a relatively tight range during yesterday's local session with market participant's seemingly happy to look ahead to Friday's retail sales data for further direction.
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "The latest readings of the CPI have come in line with expectations, which show that tensionary inflation pressure are easing in the country. If confirmed, it would start to mark the end of the rate hike cycle that lasts for over 3 years now in the region and that has put the country at the highest interest rate level of all the industrialized world." − FXstreet.com
Top Market Movers Review
US REUTERS/MICHIGAN CONSUMER SENTIMENT INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 12 | 14:00 | Reuters/Michigan Consumer Sentiment Index | 82.0 | 84.0 | 83.4 |
U.S. Michigan Sentiment decreases in October, against expectations (FXstreet.com)
Economic sentiment would decline in October, according to preliminary estimations by University of Michigan. Sentiment fell to the level of 82.0 points in October from the 83.4 points registered in September.
[ Full Story ]- Reuters/University of Michigan Surveys of Consumers Homepage
- US early Oct Reuters/Michigan consumer sentiment falls to 82.0 UPDATE (Thomson Financial News)
- US early Oct Reuters/Michigan consumer sentiment falls to 82.0 vs 83.8 expected (Thomson Financial News)
- Reuters/Univ Michigan Mid−October Sentiment 82.0; Sep 83.4 (Dow Jones)
US RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 12 | 12:30 | Retail Sales ex Autos (MoM) | 0.4% | 0.3% | -0.4% |
| Oct 12 | 12:30 | Retail Sales (MoM) | 0.6% | 0.2% | 0.3% |
US September retail sales up 0.6 pct vs expected 0.3 pct rise (Thomson Financial News)
US retail sales rose twice as fast as expected last month, as increasing oil prices boosted cash register totals at gasoline stations and auto dealers showed healthy gains, the Commerce Department said today.
[ Full Story ]- Read the Advance Monthly Retail Sales Report at Commerce Department
- Dollar Shrugs Off Strong US Retail Sales, Turns Negative (Dow Jones)
- Forex − Strong US data fails to boost dollar (Thomson Financial News)
- U.S. Retail sales rose higher than expected in September (FXstreet.com)
US PRODUCER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 12 | 12:30 | Producer Price Index ex Food & Energy (YoY) | 2.0% | 2.2% | 2.2% |
| Oct 12 | 12:30 | Producer Price Index (MoM) | 1.1% | 0.4% | -1.4% |
| Oct 12 | 12:30 | Producer Price Index ex Food & Energy (MoM) | 0.1% | 0.2% | 0.2% |
| Oct 12 | 12:30 | Producer Price Index (YoY) | 4.4% | 3.7% | 2.2% |
DATA SNAP: PPI Rebounds On Higher Energy, Food Prices (Dow Jones)
U.S. wholesale prices rebounded last month, fueled by gains in the cost of food and energy, while pipeline pressures intensified modestly, a government report showed.
[ Full Story ]- Read the PPI data at Labor Department
- US September PPI up 1.1 pct vs Aug, core PPI up 0.1 pct (Thomson Financial News)
- US Producer Price Index (MoM) rises to 1.1% in Sep (FXstreet.com)
- Table Of US PPI Data From Labor Department (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 12 | 14:00 | US | Business Inventories (Aug) | 0.1% | 0.2% | 0.5% |
| 14:00 | US | Reuters/Michigan Consumer Sentiment Index (Oct)  | 82.0 | 84.0 | 83.4 | |
| Oct 14 | 21:45 | NZ | Consumer Price Index (QoQ) (2Q) | 1% | ||
| Oct 15 | 04:30 | JP | Industrial Production (MoM) | -0.4% | ||
| 04:30 | JP | Industrial Production (YoY) | 3.8% | |||
| 12:30 | CA | Leading Indicators (MoM) | 0.3% | |||
| 12:30 | US | NY Empire State Manufacturing Index | 14.7 | |||