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Live Coverage of ECB Announcement - Live Free-Access Day
Expert: Ed Ponsi
Start: Thu, Apr 12, 11:30 GMT
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Type of Session: Webinar
Technical Analysis Q&A - Live Free-Access Day
Expert: Tony Juste
Start: Thu, Apr 12, 14:00 GMT
Sponsored by:
Type of Session: Webinar
The best times to trade - Live Free-Access Day
Expert: Sunil Mangwani
Start: Thu, Apr 12, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: Europe
EUR/USD
Daily Recommended Trades - EUR/USD daily outlook by E-Forex
The Euro has prepared to break 1.3440 on yesterday and it succeeded during today's Asian session, establishing fresh highs near the 1.3470 mark. Support was found at 1.3455 backed by 1.3440, 1.3415 and 1.3400. Resistance emerges at 1.3466, 1.3480, 1.3500 and 1.3570.
- Elliot Wave Counting for EUR/USD 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:
EUR/USD Daily Outlook - EUR/USD Daily Outlook by AceTrader
Currency Majors Technical Analysis by Mataf.net
Daily Forex Strategy Briefing - EUR/JPY at All-time High by CMS Forex
Currencies at a Glance
- EUR/USD
- Continues to move up toward third resistant at 1.3479
04/12/2007 07:04 GMT - GBP/USD
- Moves up above today's pivot at 1.9757
04/12/2007 07:04 GMT - USD/CHF
- Continues to move down below today's pivot at 1.2197
04/12/2007 07:04 GMT - USD/JPY
- Moves down below today's pivot at 119.25
04/12/2007 07:04 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 GROSS DOMESTIC PRODUCT S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Apr 12 | 09:00 | Gross Domestic Product s.a. (QoQ) | 0.9% | 0.6% |
| Apr 12 | 09:00 | Gross Domestic Product s.a. (YoY) | 3.3% | 3.3% |
EMU economic indicators - On Thursday, the ECB Council will hold its regular monthly meeting by BHF-Bank
Q4 2006 EMU GDP is unlikely to be changed significantly when revised, but the EU Commission’s GDP growth forecasts might be revised upwards, as economic sentiment has improved again recently.
[ Full Story ]Top Market Movers Review
Australia UNEMPLOYMENT RATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 12 | 01:30 | Employment Change | 10.5K | 15.5K | 22.0K |
| Apr 12 | 01:30 | Unemployment Rate | 4.5% | 4.6% | 4.5% |
Australia jobless rate falls back to 30-year low of 4.5 pct in March vs 4.6 pct (AFX News)
The unemployment rate fell back to a seasonally adjusted 30-year low of 4.5 pct in March, down from 4.6 pct in February and reverting to the previous low of 4.5 pct in January, the Australian Bureau of Statistics (ABS) said. The market was expecting the jobless rate to have stayed at 4.6 pct last month.
[ Full Story ]- Read the Labor Force report at Australian Bureau of Statistics
- DATA SNAP: Australian Mar Unemployment Rate 4.5% -2- (Dow Jones)
- DATA SNAP: Australian Mar Unemployment Rate 4.5% (Dow Jones)
Japan DOMESTIC CGPI
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 11 | 23:50 | Domestic CGPI (MoM) | 2.0% | - | 1.7% |
Japan Mar Domestic CGPI +2.0% On Year Vs +1.7% In Feb (Dow Jones)
Japan's domestic corporate goods prices were up 2.0% in March from a year earlier for the 37th straight month of rises, the Bank of Japan said Thursday. The rise was bigger than the average forecast of analysts surveyed by Down Jones and Nikkei for a 1.8% on-year increase, and follows a revised 1.7% rise in February.
[ Full Story ]- Read the CGPI report at Bank of Japan
- Japan March wholesale goods price index up 2.0 pct yr-on-yr (AFX News)
US FOMC MINUTES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 11 | 18:00 | FOMC Minutes | - | - | - |
FOMC Minutes March 20-21st Meeting by BBVA Bancomer
In the intermeeting period the outlook deteriorated for both growth and inflation. The staff forecast marked down Q107 GDP growth in response to weaker-than-expected business spending and federal defense purchases.
[ Full Story ]- Read the Minutes of the Federal Open Market Committee at the Fed
- Forex - US dollar lower in Sydney morning after FOMC minutes, IMF outlook (AFX News)
- CURRENCIES: Dollar Gains After Fed Minutes; Pound Rises On Tax-free Talk (Dow Jones)
- THE FED: March Meeting Minutes Show FOMC Wanted Flexibility (Dow Jones)
Daily Global Commentary - March FOMC Minutes – Fed Is Concerned About Inflation and Growth by Northern Trust
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 11 | 23:01 | UK | RICS House Price Balance | 25.5% | 24.0% | |
| 23:50 | JP | Domestic CGPI (MoM) | 2.0% | 1.7% | ||
| Apr 12 | 01:30 | AU | Employment Change | 10.5K | 15.5K | 22.0K |
| 01:30 | AU | Unemployment Rate | 4.5% | 4.6% | 4.5% | |
| 09:00 | EMU | Gross Domestic Product s.a. (YoY) | 3.3% | 3.3% | ||
| 09:00 | EMU | Gross Domestic Product s.a. (QoQ) | 0.9% | 0.6% | ||
| 11:45 | EMU | ECB Rate Decision | 3.75% | 3.75% | ||
| 11:55 | UK | Trade Balance | -6.4B | -6.2B | ||
| 12:30 | US | Import Price Index (YoY) | 2.3% | 0.1% | ||
| 12:30 | US | Initial Jobless Claims (Apr 7) | 321K | |||