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Forex Blogs
Trading for a living: HD Video review. London Open 14/04/2009 by David Aranzabal
EUR/USD and European Opening = Lots of opportunities everyday.
The Advisor Blog: Eur/Usd technical points by Valeria Bednarik
FX Path: GBP/USD - Fourth Test of Resistance Under 1.5 by James Chen
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| Sponsored by | ||||
| Tue, Apr 14, 17:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Apr 15, 08:00 GMT | Trend Trading with Breakouts | Sam Seiden | WBN |  |
| Wed, Apr 15, 09:00 GMT | FX Instructor Live Trading Room | Mark De La Paz | WBN | |
| Wed, Apr 15, 10:00 GMT | Trading Break Out's And Other Market Views | Phil Newton | WBN |  |
| Wed, Apr 15, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
Current Session: U.S.
Wall Street opens with declines on disappointed US retail sales data, USD/JPY tests 99.00
FXstreet.com − US stocks are falling in its session, halting a three day increases, after the dissappointed retail sales data published early today. Unexpected decrease in retail sales in March has erased the initial optimism in the financial sector, on Goldman Sachs Group report, and that the economy's slump may be slowing, on Bernanke's words. USD are rising against the EUR but falls against JPY.
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GBP/USD
Cable is coming back by FXstreet.com Independent Analyst Team
After approaching to past week high, the pair failed to continue and is quickly coming back, to find support at the still bullish 20 SMA in the hourly chart. Indicators show some bearish continuation probabilities that will get further confirmation with a candle opening under the 1.4850 level. Bigger time frames show bullish bias remain strong.
EUR/USD
U.S. Update: Wall Street rules currency market by FXstreet.com Independent Analyst Team
Pair is still range bound in bigger time frames, with the upside contained by the daily 200 EMA. The pair is moving inside a symmetrical triangle (continuation figure) but closer to the base than to e roof. Daily candle opening above the 1.3500 needs to be seen to consider the figure valid; under 1.3080, figure should be discarded.
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, i-knowindices.com, Mizuho Corporate Bank, MolFX - Management
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
GBP USD, Hourly
EUR USD, Hourly
Top Market Movers Preview
US CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Apr 15 | 12:30 | Consumer Price Index (YoY) | 0.0% | 0.2% |
| Apr 15 | 12:30 | Consumer Price Index Ex Food & Energy (YoY) | 1.7% | 1.8% |
| Apr 15 | 12:30 | Consumer Price Index (MoM) | 0.1% | 0.4% |
| Apr 15 | 12:30 | Consumer Price Index Ex Food & Energy (MoM) | 0.1% | 0.2% |
US economic indicators - CPI & PPI (Mar): negative annual rates by BHF−Bank
CPI increased by 0.4% mom in February, due to higher energy prices, and thus the annual rate did not enter negative territory. But this is likely to happen in March, as we expect CPI to have risen by 0.1% mom: average gasoline prices only went up slightly, and the retail sector will have offered price incentives in order to generate sales despite sharply rising unemployment.
[ Full Story ]Top Market Movers Review
US PRODUCER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 14 | 12:30 | Producer Price Index (YoY) | -3.5% | -2.2% | -1.3% |
| Apr 14 | 12:30 | Producer Price Index ex Food & Energy (MoM) | 0.0% | 0.1% | 0.2% |
| Apr 14 | 12:30 | Producer Price Index (MoM) | -1.2% | 0.0% | 0.1% |
| Apr 14 | 12:30 | Producer Price Index ex Food & Energy (YoY) | 3.8% | 4.0% | 4.0% |
DATA SNAP: US PPI Posts Biggest Decline In 3 Months In March (Dow Jones)
U.S. producer prices posted the biggest drop so far this year in March after two straight months of gains on the back of falling energy costs, though core prices remained steady. Price pressures deeper in the production pipeline declined last month, as well, as prices on both intermediate goods and raw materials fell for the eighth month in a row.
[ Full Story ]- Read the PPI data at Labor Department
- US Producer Price Index−STATS−Historical (Dow Jones)
- Forex: EUR/USD falls below 1.3250 after US PPI and Retail sales data (FXstreet.com)
- US PPI declines 1.2% in Mar, ex Food & Energy 0% (FXstreet.com)
Friday Notes - finished goods PPI has been bouncing around from month to month by UniCredit Group
US RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 14 | 12:30 | Retail Sales ex Autos (MoM) | -0.9% | 0.0% | 1.0% |
| Apr 14 | 12:30 | Retail Sales (MoM) | -1.1% | 0.3% | 0.3% |
DATA SNAP: US Mar Retail Sales Below Expectations (Dow Jones)
U.S. retail sales unexpectedly plunged during March in a broad−based decrease that threw a shadow over recent signs of improvement in the slumping economy. Retail sales decreased by 1.1% compared to the prior month, the Commerce Department said Tuesday.
[ Full Story ]- Read the Retail Sales data at Census Bureau
- UPDATE: US Retail Sales Unexpectedly Plunge In March (Dow Jones)
- US Retail Sales−STATS−Historical (Dow Jones)
- US Retail Sales−STATS−Historical −2− (Dow Jones)
Daily Global Commentary - March Retail Sales and Q1 Consumer Spending by Northern Trust
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 14 | 12:30 | US | Producer Price Index (MoM) (Mar) | -1.2% | 0.0% | 0.1% |
| 14:00 | US | Business Inventories (Feb) | -1.3% | -1.2% | -1.1% | |
| 17:30 | US | Fed's Bernanke Speech | ||||
| 20:45 | US | Fed's Stern speech | ||||
| 21:00 | US | ABC/Washington Post Consumer Confidence (Apr 12) | -50 | |||
| 23:01 | UK | RICS House Price Balance (Mar) | -77% | -78% | ||
| Apr 15 | 00:30 | AU | Westpac Leading Index (MoM) (Feb) | -0.2% | ||