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EUROPEAN Trading Newsletter
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Fundamental and Technical Trading Opportunities that we are Watching
Expert: Kathy Lien
Start: Wed, Apr 4, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Figures Made Simple
Expert: Valeria Bednarik
Start: Thu, Apr 5, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Topics
- Continuation or Change
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Live Coverage of ECB Announcement - Live Free-Access Day
Expert: Ed Ponsi
Start: Thu, Apr 12, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: Europe
EUR/USD
Currency Majors Technical Analysis by Mataf.net
1,3341. EUR USD is in an uptrend supported by 4H exponential moving averages. EUR USD is in a range between 1,3300 and 1,3400. The volatility is low. Oscillators are neutral. The price should continue to move in 1,3300 / 1,3400 range. We won't take a position.
- What is going on? - US 'little' data shakes out the markets by Tony Juste
- 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
- Read the comments to the latest market moves at our Forex Forum
Other Topics for this Session:
Daily Forex and Dow Jones Recommended Levels - Fxtechtrade by Fxtechtrade
Currency Journal: Yen drops further on rising equities by Performance Capital
US Trading Preview - The euro holds steady above the 1.33-level versus the dollar by Forexnews.com
Currencies at a Glance
- EUR/USD
- Trades around opening price level at 1.3328 , below today's pivot at 1.3342
04/04/2007 07:09 GMT - GBP/USD
- Floating around opening price level at 1.9741 , below today's pivot at 1.9763
04/04/2007 07:10 GMT - USD/CHF
- Back around opening price level at 1.2222 , above today's pivot at 1.2199
04/04/2007 07:10 GMT - USD/JPY
- Moves up above 118.80 , above today's pivot at 118.54
04/04/2007 07:10 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, Saxo Bank
[ View ASI page ] [ View USD/JPY page ]
Charting the Market Movers
EUR USD, Hourly
USD JPY, Hourly
Top Market Movers Preview
EMU PURCHASING MANAGER INDEX SERVICES
| Date (GMT) | Event | Cons. | Previous | |
| Apr 4 | 08:00 | Purchasing Manager Index Services | 57.6 | 57.5 |
Friday Notes - ECB to hike key rate to 4.50% by HVB Group
In March, we expect a slight rise in the eurozone services PMI to 57.7 from the previous 57.5. The mild deceleration in manufacturing doesn’t seem to have spilled over to the service sector yet. Taking into account the historical low in the unemployment rate, which underpins consumption growth, services PMI will confirm the good shape of the eurozone economy.
[ Full Story ]Top Market Movers Review
Australia RBA RATE DECISION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 3 | 23:30 | RBA Rate Decision | 6.25% | 6.25% | 6.25% |
Overnight Briefing: Far East Timezone - Interest rates unchanged in Australia by Jyske Bank
Australia's central bank skipped a chance to raise interest rates on Wednesday, confounding speculation it would tighten to cool domestic demand as insurance against future inflationary pressures.
[ Full Story ]- Reserve Bank of Australia (RBA) homepage
- Forex - US dollar mixed in Sydney morning trade; wide range-trading holds (AFX News)
- Australia's central bank leaves official cash rate unchanged at 6.25 pct (AFX News)
- Aust dollar soars on RBA rate expectation (AAP)
Market Drum Highlights - RBA stays on hold til after CPI data by FxMax
Morning Report - AUD softens ahead of RBA by Westpac Institutional Bank
Asia Market Update - Reserve Bank of Australia chooses to wait for the next inflation report before deciding on rates by Trade The News
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 3 | 23:01 | UK | Nationwide Consumer Confidence (Mar) | 88 | 85 | |
| 23:30 | AU | RBA Rate Decision | 6.25% | 6.25% | 6.25% | |
| Apr 4 | 07:55 | DE | Purchasing Manager Index Services (Mar) | 57.4 | 57.2 | |
| 08:00 | EMU | Purchasing Manager Index Services (Mar) | 57.6 | 57.5 | ||
| 08:30 | UK | PMI - Services Index (Mar) | 57.6 | 57.4 | ||
| 09:00 | EMU | Retail Sales (MoM) (Feb) | 0.6% | -1.0% | ||
| 09:00 | EMU | Retail Sales (YoY) (Feb) | 1.1% | -0.1% | ||
| 10:00 | DE | Factory Orders n.s.a. (YoY) (Feb) | 6.0% | 7.8% | ||
| 10:00 | DE | Factory Orders s.a. (MoM) (Feb) | 0.6% | -1.0% | ||
| 12:15 | US | ADP Employment Change (Mar) | 128K | 57K | ||