Tuesday, Feb 06, 08:29 GMT
EUROPEAN Trading Newsletter
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Special Webinars
How to become a professional trader - How to develop a trading system that works
Expert: Markus Heitkoetter
Start: Tue, Feb 6, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
The FX Trading Desk
Expert: Dave Floyd
Start: Wed, Feb 7, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
Topics
- Charts
- News releases
- Trading styles & techniques
ECB Policy in 2007
Expert: Joseph Trevisani
Start: Thu, Feb 8, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Topics
- Factors European interest rate policy
- ECB anti-inflation mandate play in rate policy
Current Session: Europe
EUR/USD
Daily Market Commentary - G7 meeting scheduled for Friday and Saturday by ActionForex.com
Euro/dollar followed the expected bearish path on Monday, when it hit a one-week low, but must still exit the 38.2% to 61.8% consolidation area (1.2825 to 1.3030) to attract new positions.
- 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 Recommended Trades - EUR/USD outlook by E-Forex
Short-Term Forecast on Forex Majors - Short-Term Forecast on Forex Majors by BetonCurrencies
Recent Recommended Trades - Recent Recommended Trades by AceTrader
Charting the Market Movers
EUR USD, Hourly
USD JPY, Hourly
Top Market Movers Preview
Euro Zone Retail Sales
| Period | Previous | Consensus | Time |
| December (MoM) | 0.5% | 1.1% | Feb 6, 10:00 GMT |
| December (YoY) | 1.3% | 2.3% | Feb 6, 10:00 GMT |
Economic Release Alert - Euro-Zone Retail Sales (DEC) by FXCM
Retail sales in the Euro-zone are expected to jump 1.1 percent in December after posting at a tepid 0.5 percent in the month prior. Shoppers are likely to have purchased big-ticket items not only in the holiday season, but also ahead of Germany's VAT hike to 19 percent from 16 percent in January.
[ Full Story ]Top Market Movers Review
Japan Leading Indicators
| Period | Previous | Consensus | Actual |
| December | 18.2p | 25.0p | 25.0p |
Japan December Leading Indicators 25.0; Coincident 61.1 by Dow Jones
Japan's index of leading economic indicators stood at 25.0 in December, far below the boom-or-bust threshold of 50.0 for a second straight month, the government said Tuesday, suggesting the economy will take a break from recent growth in the months ahead.
[ Full Story ]