Tuesday, Mar 20, 08:32 GMT
EUROPEAN Trading Newsletter
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Expert: Dave Floyd
Start: Tue, Mar 20, 16:00 GMT
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Type of Session: Webinar
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Expert: Boris Schlossberg
Start: Wed, Mar 21, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: Europe
EUR/USD
Forex Technical Analysis - EUR/USD:(1.3299) Has met Triangle thrust target off 1.5260 by KBC Bank.
New year high, with pair testing key Resistance area of 1.3320 (monthly Downtrendline off 1992 on synthetic charts), with thrust target of Triangle break off 1.3260 having been met (1.3333: see graph).
- FOREX FORUM: Technical Analysis forum. Post your charts and share your technical point of view.
- Read Tony Juste's latest comments on the USD
- 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:
Currency Performance Report - Asia Session Performance by FXstreet.com
Daily Forex and Dow Jones Recommended Levels - Fxtechtrade by FXtechtrade
US Trading Preview - The sterling continues to firm against the yen by Forexnews.com
Currencies at a Glance
- EUR/USD
- Trades around today's pivot at 1.3301
03/20/2007 07:08 GMT - GBP/USD
- Continues to trade around 1.9450 , above today's pivot at 1.9437
03/20/2007 07:08 GMT - USD/CHF
- Trades around 1.2130 , between today's pivot and first resistant
03/20/2007 07:08 GMT - USD/JPY
- Trades around yesterday high at 117.75
03/20/2007 07:08 GMT
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
UK CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Mar 20 | 09:30 | Consumer Price Index (MoM) | 0.3% | -0.8% |
Friday Notes - EMU: Unimpresse by US slowdown by HVB Group
After a marked deceleration in January, inflation should edge marginally down to 2.6% y-o-y in February, with CPI rising 0.3% m-o-m. Overall, we expect persistent deflation in clothing and recreation and culture, as well as a faster decline in communication prices compared to the previous month to offset some acceleration in household goods inflation.
[ Full Story ]Top Market Movers Review
Germany PRODUCER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 20 | 08:15 | Producer and Import Prices (YoY) | 2.2% | 2.0% | 2.2% |
| Mar 20 | 07:00 | Producer Price Index (MoM) | 0.3% | 0.3% | 0% |
German Feb PPI up 0.3 vs Jan, up 2.8 pct yr-on-yr (AFX News)
Producer prices in Germany rose 0.3 pct in February from January, and rose 2.8 pct from a year earlier, the Federal Statistics Office said. Economists polled by AFX News had expected a 0.3 pct rise month-on-month and a year-on-year rise of 2.8 pct.
[ Full Story ]- Read the Producer prices February 2007: +2.8% on February 2006 at Destatis
- German PPI increases 0.3% in February (FXstreet.com)
- DATA SNAP: German Feb PPI +0.3% On Mo, +2.8% On Year -2- (Dow Jones)
- DATA SNAP: German February PPI +0.3% On Mo, +2.8% On Year (Dow Jones)
Japan BOJ TARGET RATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 20 | 04:00 | BoJ Target Rate | 0.5% | 0.5% | 0.5% |
Bank of Japan keeps overnight call rate target unchanged (AFX News)
The Bank of Japan said its policy board has voted to keep the overnight call rate target unchanged at 0.50 pct, as widely expected by the market. The BoJ said the vote by the nine-member policy board was unanimous. The central bank increased the minimum lending rate for commercial banks to the current level last month, confident the move won't derail the ongoing economic recovery.
[ Full Story ]- Bank of Japan home page
- Forum Poll: What will be Fukui's decision?
- Bank of Japan says economy expanding moderately - UPDATE (AFX News)
- Bank of Japan says economy expanding moderately (AFX News)
- Bank of Japan meets to decide on interest rates, but economists expect no change (AFX News)
Bank of Japan Preview by FXstreet.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Mar 20 | 07:00 | DE | Producer Price Index (MoM) (Feb) | 0.3% | 0.3% | 0% |
| 07:00 | DE | Producer Price Index (YoY) (Feb) | 2.8% | 2.8% | 3.2% | |
| 08:15 | CH | Producer and Import Prices (MoM) | 0.3% | 0.1% | -0.2% | |
| 08:15 | CH | Producer and Import Prices (YoY) (Feb) | 2.2% | 2.0% | 2.2% | |
| 09:30 | UK | Consumer Price Index (MoM) (Feb) | 0.3% | -0.8% | ||
| 09:30 | UK | Consumer Price Index (YoY) (Feb) | 2.7% | 2.7% | ||
| 09:30 | UK | Core Consumer Price Index (YoY) (Feb) | 1.7% | 1.6% | ||
| 09:30 | UK | M4 Money Supply (MoM) (Feb)  | 0.8% | 0.9% | ||
| 09:30 | UK | M4 Money Supply (YoY) (Feb) | 12.8% | 12.8% | ||
| 09:30 | UK | Retail Price Index (MoM) (Feb) | 0.5% | -0.5% | ||