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Fed Fund and FX Binaries - A Fundamental Approach
Expert: Peter A. Rosenstreich
Start: Tue, Apr 10, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
Topics
- The Exchange - Who is HedgeStreet?
- Fed Fund Binaries - What is a Fed Fund Binary?
- FX Binaries - What is an FX Binary?
- Trading- How to integrate Fed Fund and FX binaries into your trading strategy?
Figures Made Simple
Expert: Valeria Bednarik
Start: Thu, Apr 5, 14:00 GMT
Sponsored by:
Type of Session: Webinar
Topics
- Continuation or Change
- Reliability
- How to use them in daily trading
Special Showroom
ZERO GUESSWORK investing
Expert: Reggie Henkart
Start: Wed, Apr 11, 16:00 GMT
Sponsored by:
Type of Session: Showroom
Current Session: Europe
EUR/USD
Forex Technical Analysis - EUR/USD:(1.3365) Has approached 1.3422 (2nd target of MT Daily Double Bottom off 1.2939) by KBC Bank
New year high has approached 2nd target of the Medium Term daily Double Bottom off 1.2939 (1.3422), with pair currently back above 1.3317 (monthly Downtrendline off 1992 on synthetic charts).
- GBP/USD watch (II) 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 Technical Analysis - EUR: Be careful with thinning markets ahead of Easter holidays Thursday through to Monday by Mizuho Corporate Bank
Currency Majors Technical Analysis by Mataf.net
US Trading Preview - The major currency pairs consolidated in the early Thursday session by Forexnews.com
Currencies at a Glance
- EUR/USD
- Trades around 1.3365 after bounced at today's pivot 1.3354
04/05/2007 07:12 GMT - GBP/USD
- Continues to float around today's pivot at 1.9750 on a narrow daily range
04/05/2007 07:12 GMT - USD/CHF
- Moves up above today's pivot at 1.2201
04/05/2007 07:12 GMT - USD/JPY
- Trades around today's pivot at 118.77 after bounced at first support 118.48
04/05/2007 07:12 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
UK BANK OF ENGLAND RATE DECISION
| Date (GMT) | Event | Cons. | Previous | |
| Apr 5 | 11:00 | Bank of England Rate Decision | 5.25% | 5.25% |
BoE Meeting Preview by FXstreet.com
The Bank of England is in everyone's mouth as its decision is seen key for the short term future of the GBP. The majority of the analysts surveyed consider that the Bank will rise interest rates by 25bp its actual 5.25% to 5.50%, overtaking the benchmark rate in the US for the first time in two years.
- Official Bank Rate history at BoE
- OUTLOOK BoE set to keep rates on hold but hike would not come as a surprise (AFX News)
- UK interest rate rises have little effect on buy-to-let market - Paragon (AFX News)
Currency Journal: Cable up over Shadow MPC rate hike by Performance Capital
Forex Trading Strategies - GBP Rallying On Rate Speculation by Saxo Bank
Top Market Movers Review
US FACTORY ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 4 | 14:00 | Factory Orders | 1.0% | 2.2% | -5.7% |
DATA SNAP: US Feb Factory Orders Up Less Than Expected (Dow Jones)
Factory orders rebounded somewhat in February after a sharp drop the month before, but the narrow gain was smaller than expected and carried by strong aircraft demand. Factory-goods orders increased by 1.0%, after falling 5.7% during January, the Commerce Department said Wednesday. January orders were originally seen dropping 5.6%.
[ Full Story ]- Read the Manufacturers' Shipments, Inventories, & Orders (M3) at US Department of Commerce
- US Factory Orders-STATS-Historical, Shpmt, Unfilled, Invty (Dow Jones)
- US Factory Orders-STATS-Historical, New Orders (Dow Jones)
- US February factory orders up 1.0 pct vs 1.9 pct rise expected (AFX News)
US ISM NON-MANUFACTURING
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 4 | 14:00 | ISM Non-Manufacturing | 52.4 | 55.0 | 54.3 |
Service industry expands at slower rate (AFX News)
The U.S. service sector expanded at a slower rate in March than in the previous month, a trade group said Thursday, reflecting the sluggish growth of the U.S. economy. The Tempe, Arizona-based Institute for Supply Management, an organization of corporate purchasing executives, said that its index of business activity in the non-manufacturing sector registered 52.4 in March, down from 54.3 in February.
[ Full Story ]- Read the March 2007 Non-Manufacturing ISM Report On Business at ISM
- DATA SNAP/ISM Non-Manufacturing: Service Growth Cools Further In March (Dow Jones)
- U.S. ISM Non-Manufacturing index eases in March (FXstreet.com)
Daily Fx Strategy - 4-year low ISM Overshadows Hostages Release News by CMC Markets NY
Mid-Day Forex Technical Report - Markets Remain Cautious after ISM Non-Manufacturing by ActionForex.com
Daily Forex Technical Report - Dollar Recovers ahead of ISM Non-Manufacturing and ADP Employment by ActionForex.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 5 | 08:30 | UK | Industrial Production (MoM) (Feb) | 0.2% | 0.1% | |
| 08:30 | UK | Industrial Production (YoY) (Feb) | 0.7% | 0.4% | ||
| 10:00 | DE | Industrial Production s.a. (MoM) (Feb) | -0.5% | 1.9% | ||
| 11:00 | UK | Bank of England Rate Decision (Apr 5) | 5.25% | 5.25% | ||
| 11:00 | CA | Net Change in Employment (Mar) | 10.0K | 14.2K | ||
| 11:00 | CA | Unemployment Rate (Mar) | 6.1% | 6.1% | ||
| 16:07 | US | Initial Jobless Claims (Mar 31) | 308K | |||
| Apr 6 | 05:00 | JP | Leading Economic Index (Feb)  | 40.9% | ||
| 12:30 | US | Average Workweek (Mar) | 33.8 | 33.7 | ||
| 12:30 | US | Hourly Earnings (Mar) | 0.3% | 0.4% | ||