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Special Webinars
Weekly Webinar: 1st on Forex - The Week Ahead
Expert: Jerry Furst
Start: Mon, Apr 16, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Raghee Horner's Morning Forex
Expert: Raghee Horner
Start: Mon, Apr 16, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Apr 16, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: Europe
EUR/USD
Forex Technical Analysis - EUR/USD:(1.3554) Above LT channel off 1.2877 by KBC Bank
New year high on no big news on G7, with move above 1.3317 (monthly Downtrendline off 1992 on synthetic charts) and above 1.3471 (LT daily Downtrenline off 1992 on same charts).
- Oracle Call - EUR/USD (re-print) 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 Recommended Trades - EUR/USD daily outlook by E-Forex
Currency Journal: G7 meet a dud, Yen weaker on continued "carry trades" by Performance Capital
Currency Majors Technical Analysis by Mataf.net
Currencies at a Glance
- EUR/USD
- Floating around first resistant level at 1.3560 on a narrow daily range
04/16/2007 06:52 GMT - GBP/USD
- Floating around last week high at 1.9884 , above today's pivot at 1.9842
04/16/2007 06:52 GMT - USD/CHF
- Trades around today's pivot at 1.2135 with tight range
04/16/2007 06:52 GMT - USD/JPY
- Moving up toward last week high at 119.54 after bounced at today's pivot 118.99
04/16/2007 06:52 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
EMU CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Apr 16 | 09:00 | Consumer Price Index (MoM) | 0.6% | 0.3% |
| Apr 16 | 09:00 | Consumer Price Index (YoY) | 1.9% | 1.9% |
Friday Notes - US employment heyday to fizzle in Spring by HVB Group
We expect EMU CPI to be revised upward from the flash estimate of 1.9% to 2.0%. The core rate is expected to stay at 1.9%, with chances of a slightly lower figure. Overall, we expect inflation to show a temporary moderation in Q2 and Q3 2007, to be followed by a renewed rise toward 2% in Q4.
[ Full Story ]Top Market Movers Review
Germany CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 16 | 06:00 | Consumer Price Index (YoY) | 1.9% | 1.9% | 1.6% |
| Apr 16 | 06:00 | Consumer Price Index (MoM) | 0.3% | 0.3% | 0.4% |
German CPI rises more than expected (FXstreet.com)
Consumer prices have increased in Germany more than initially expected, with a 0.3% rise on the month, and a 1.9% yearly change, according to data by the German Statistics Office. On the year, the increase has been larger than February’s 1.6%, on the month, however, Germans have seen prices growing slower than the 0.4% in February, although slightly faster than the 0.2% forecasted by the analysts, on the year, the analysts had advanced a 1.8% increase.
[ Full Story ]- Read the Customer Price Index report at German Federal Statistics Office
- German March final CPI up 0.3 pct vs Feb, up 1.9 pct yr-on-yr (AFX News)
- DATA SNAP: German Final Mar CPI Unrevised +0.3% MM, +1.9% YY (Dow Jones)
Japan INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 16 | 04:30 | Industrial Production (MoM) | 0.7% | -0.2% | -1.7% |
Japan revised Feb industrial output up 0.7 pct from Jan (AFX News)
Industrial output in February rose a seasonally adjusted 0.7 pct from January, slightly smaller than the previous estimate of a 0.8 pct increase, according to revised data from the Ministry of Economy, Trade and Industry. The ministry said it reviewed past data retroactively to adjust for seasonal factors. Before its annual review was done, industrial output in February showed a month-on-month drop of 0.2 pct.
[ Full Story ]- Read the Industrial Production report at Japan Ministry of Economy, Trade and Industry
- DATA SNAP: Japan Feb Revised Industrial Output +0.7% On Mo (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 16 | 04:30 | JP | Capacity Utilization (Feb) | 106.1 | ||
| 04:30 | JP | Industrial Production (YoY) (Feb) | 3.1% | 4.0% | ||
| 06:00 | DE | Consumer Price Index (MoM) (Mar) | 0.3% | 0.3% | 0.4% | |
| 06:00 | DE | Consumer Price Index (YoY) (Mar) | 1.9% | 1.9% | 1.6% | |
| 08:30 | UK | Producer Price Index - Input (MoM) (Mar) | 0.9% | 1.3% | ||
| 08:30 | UK | Producer Price Index - Input (YoY) (Mar) | 0.2% | -1.1% | ||
| 08:30 | UK | Producer Price Index - Output (MoM) (Mar) | 0.3% | 0.3% | ||
| 08:30 | UK | Producer Price Index - Output (YoY) (Mar) | 2.2% | 2.2% | ||
| 09:00 | EMU | Consumer Price Index (MoM) (Mar) | 0.6% | 0.3% | ||
| 09:00 | EMU | Consumer Price Index (YoY) (Mar) | 1.9% | 1.9% | ||