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EUROPEAN Trading Newsletter
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Topics
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Current Session: Europe
EUR/USD
Daily Recommended Trades - EUR/USD outlook by E-Forex
The Euro traded in a narrow range of 20 pips after it declined on yesterday and it found support at 1.2955. Support backs 1.2955 at 1.2940 at 1.2915. Resistance is seen at 1.2970 followed by 1.2980, 1.3 and 1.3035.
- 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:
US Trading Preview - The dollar was firmer across the board in early Tuesday trading by Forexnews.com
Daily Market Commentary - The dollar rallied across the board on Monday by Global Forex Trading Ltd.
Daily Forex Outlook - U.S. Dollar Trading was strong against most other majors on Monday by Easy Forex
Currencies at a Glance
- EUR/USD
- Continues to trade around 1.2950
2/13/2007 6:31:04 AM - GBP/USD
- Trades above 1.9475
2/13/2007 6:33:47 AM - USD/CHF
- Continues to trade around 1.2530
2/13/2007 6:35:46 AM - USD/JPY
- Trades below 121.50
2/13/2007 6:39:13 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
Euro Zone GDP
| Period | Previous | Consensus | Time |
| 4Q 2006 | 0.5% | 0.5% | Feb 13, 10:00 GMT |
Friday Notes - GDP growth bound to accelerate by HVB Group
We expect growth to accelerate again in Q4 2006 (III/06: +0.5%). No breakdown will be available but it can be fairly guessed that consumption will again be a key driver (0.8%), along with investment. Net exports should have contributed to growth significantly, too.
[ Full Story ]Daily Market Briefing - EUR/USD Nears Bottom of Range Ahead of ZEW and GDP Data by FXCM
Top Market Movers Review
Germany GDP
| Period | Previous | Consensus | Actual |
| 4Q (QoQ) | 0.8% | 0.6% | 0.9% |
| 4Q (YoY) | 2.9% | 3.1% | 3.7% |
German '06 GDP Revised Up As 4Q Beats Forecasts by Dow Jones
German economic growth was much stronger than expected in the second half of last year, prompting the nation's Federal Statistics Office Tuesday to revise up its 2006 growth estimates.
[ Full Story ]