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EUROPEAN Trading Newsletter
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Next Webinar
What moves currencies?
Expert: Tony Juste
Start: Tue, Jan 23, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Topics
- Checking the crosses
- Majors against the greenback
Current Session: Europe
USD/JPY
US Trading Preview - The yen remains mired near its 4-year lows against the greenback around 121.70 by Forexnews.com
Resistance is USDJPY will emerge at 122, followed by 122.50 and 122.80. Additional ceilings are eyed at 123, backed by 123.40 and 123.70. On the downside, support is seen at 121.60, followed by 121.30 and 121. Subsequent floors are eyed at 120.60, backed by 120.20 and 1.20.
- 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:
Forecast on Forex Majors - Forecast on Forex Majors by FX-Strategy
Daily Market Commentary - The dollar climbed up against the yen by Global Forex Trading Ltd.
Daily Forex Outlook - The Japanese Yen continues to experience pressure almost falling to a 4 year low against the USD by Easy Forex
Currencies at a Glance
- EUR/USD
- Continues to trade around 1.2950
1/23/2007 6:13:49 AM - GBP/USD
- Continues to move up above 1.9775
1/23/2007 6:15:57 AM - USD/CHF
- Trades around 1.2500
1/23/2007 6:18:37 AM - USD/JPY
- Trades above 121.50
1/23/2007 6:21:04 AM
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading Ltd. , KBC Bank, Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
USD JPY, Hourly
Top Market Movers Preview
Canada CPI
| Period | Previous | Consensus | Time |
| December (Headline) | 1.4% | 1.7% | Jan 23, 12:00 GMT |
| December (Core) | 2.2% | 2.3% | Jan 23, 12:00 GMT |
Economic Release Alert - Canadian Consumer Price Index (YoY) by FXCM
Consumer inflation is expected to have picked up in the final month of the 2006 as holiday spending and a modest rebound in energy prices raised the national gauges. For the broad headline measurement, prices are expected to accelerate for a third consecutive month to 1.7 percent, while the number excluding volatile components like energy and food steps its pace up marginally to 2.3 percent.
[ Full Story ]Top Market Movers Review
France Consumer Spending
| Period | Previous | Consensus | Actual |
| December (MoM) | 0.9% | 0.3% | 1.3% |
| December (YoY) | 4.3% | 4.7% | 6.8% |
French Consumer Spending increased 1.3% in December by FXstreet.com
Household consumption has grown larger than expected in December, according to the latest monthly report published by the French Statistics Institute , Insee. Consumer spending has increased 1.3% in December from November and it has grown 6.8% in the last twelve months, figures sharply larger than the 0.3% monthly growth expected by the analysts , and the 4.9% yearly increase advanced by the experts.
[ Full Story ]