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Next Webinar
What moves currencies?
Expert: Tony Juste
Start: Thu, Jan 18, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Topics
- What could drive the markets?
- What is the expected data?
Current Session: Europe
EUR/USD
Daily Technical Analysis - EUR: The Euro is not pulling its weight by Mizuho Corporate Bank
Very dreary as the Euro is not pulling its weight and continues to hover around the 50% retracement level and the bottom of the Ichimoku ‘cloud'. Futures volumes are still below average and open interest continues to drop. Only a sustained break above 1.3065 will set off a few light buy stops and would hint that an interim low is in place.
- Check out how the currency moved on Live Currency Rates & Charts at FXstreet.com
- Insight on the fundamentals in the Fundamentals section at FXstreet.com
- What's next on the agenda? Take a look at our Economic Events Calendar
- What's going on in the markets? Read our latest Forex news
Other Topics for this Session:
Daily Forex Technical Report - Yen Weakens after BoJ on Hold, US CPI awaited by ActionForex.com
Forex Technical Analysis - EUR/USD:(1.2966) Below the neckline of a ST Double Top by KBC Bank
Daily Recommended Trades - EUR/USD by E-Forex
Currencies at a Glance
- EUR/USD
- Trades above 1.2950
1/18/2007 6:39:47 AM - GBP/USD
- Moves up above 1.9700
1/18/2007 6:42:16 AM - USD/CHF
- Moves down to trade around 1.2450
1/18/2007 6:44:20 AM - USD/JPY
- Moves up toward 121.00
1/18/2007 6:47:16 AM
Charting the Market Movers
EUR USD, Hourly
USD JPY, Hourly
Top Market Movers Preview
U.S. CPI
| Period | Previous | Consensus | Time |
| December (Headline) | 2.0% | 2.4% | Jan 18, 13:30 GMT |
| December (Core) | 2.6% | 2.6% | Jan 18, 13:30 GMT |
Economic Release Alert - CPI Gives Final Say For US Inflation by FXCM
The market's favored inflation gauge is expected to pick up in December as producer and import indices provide a platform for speculation. Economists expect headline inflation to step up to 2.4 percent for the year as a modest rebound in energy during the period weighs in.
[ Full Story ]Top Market Movers Review
BoJ Rate Decision
| Previous | Consensus | Movement |
| 0.25% | No Consensus | On Hold at 0.25% |
Central Banks - BoJ Meeting Review by FXstreet.com
The Bank of Japan's monetary policy board has decided on a 6-3 result to keep overnight rate target on hold at 0.25%. This is the first time in 12 meetings that the nine members of the policy board have not given an unanimous vote. In July '06, the central bank raised the overnight call rate target for first time in six years, amid signs that the economy is on the mend and deflation is history.
- Announcement of the Monetary Policy Meeting Decisions - Bank of Japan [PDF, 56Kb]