Friday, Feb 23, 08:33 GMT
EUROPEAN Trading Newsletter
To Get Started
- Check out the rest of our brand New FXstreet.com Newsletters and subscribe now!
- Are you a fan of Pivot Points? Calculate today's levels with the Pivot Point Calculator
- Special Webinar: Watch Live Coverage of the US GDP
- The Advisor Blog: Volatility expected to pick-up today
Special Webinars
Midweek Technical Outlook with Derek Sugalski
Expert: Derek Sugalski
Start: Wed, Feb 28, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
Topics
- Upcoming news events as potential catalysts
- Technical summary of market developments
- Forecasting end of week directional bias and turning points
Current Session: Europe
USD/CHF
Daily Forex Technical Report - EUR/JPY Momentum Continues, German Ifo Watched by ActionForex.com
USD/CHF's rebound from 1.2309 was limited at 1.2436 and retreated sharply since then. However, similar to EUR/USD, as downside is still contained by 1.2371 minor support, upside risk remains and another rise to above 1.2436 cannot be ruled out.
- Have a look at our advisor's latest USD comments
- Check out how the currency moved on Live Currency Rates & Charts at FXstreet.com
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
- Be up to date with the Latest Forex News
Other Topics for this Session:
Daily Recommended Trades - EUR/USD daily outlook by E-Forex
Daily Trade Analysis - EURUSD shaping itself for a move towards 1.3200 level by AMZ Capital
The Word of Majors - GBP: The consolidation phase continues by FXstreet.com
Currencies at a Glance
- EUR/USD
- Trades around 1.3125
2/23/2007 7:30:40 AM - GBP/USD
- Trades above 1.9560
2/23/2007 7:30:40 AM - USD/CHF
- Trades around 1.2400
2/23/2007 7:30:42 AM - USD/JPY
- Trades below 121.55
2/23/2007 7:31:53 AM
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - USD/JPY
**Source : CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading Ltd. , KBC Bank, Mizuho Corporate Bank
[ View ASI page ] [ View USD/JPY page ]
Charting the Market Movers
EUR USD, Hourly
USD JPY, Hourly
Top Market Movers Preview
Germany IFO: Business Climate
| Date (GMT) | Event | Cons. | Previous |
| Feb 23, 09:00 | IFO - Current Assessment | 112.0 | 112.8 |
| Feb 23, 09:00 | IFO - Expectations | 103.1 | 103.2 |
| Feb 23, 09:00 | IFO - Business Climate | 107.5 | 107.9 |
Friday Notes - We do have to talk about it! by HVB Group
The situation assessment should have fallen further in February following the tangible decline directly after the VAT hike. The downtrend should continue in the coming months. The still robust parameters suggest that the expectations component will remain strong. Overall, the business climate should decline further.
[ Full Story ]Top Market Movers Review
France Household Consumption
| Date (GMT) | Actual | Cons. | Previous |
| Feb 23, 07:45GMT | 1.2% | 0.2% | 1.3% |
French Jan household consumption up 1.2 pct from Dec amid expectations of drop by AFX News
French household consumption of manufactured goods in January unexpectedly rose strongly from December, confounding economists' predictions of a slight drop, statistics office Insee reported. The month-on-month rise in January was, against expectations of a decline of 0.1 pct.
[ Full Story ]