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Special Webinars
Watch Live Coverage of the US GDP
Expert: Jerry Furst
Start: Fri, Apr 27, 11:30 GMT
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Type of Session: Webinar
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Expert: Raghee Horner
Start: Fri, Apr 27, 13:00 GMT
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Type of Session: Webinar
Current Session: Europe
EUR/USD
Forex Technical Analysis - EUR/USD:(1.3601) Back above LT channel top off 1.2877 by KBC Bank
New year high, with move above 1.3317 (monthly Downtrendline off 1992 on synthetic charts) and above 1.3470 (LT daily Downtrenline off 1992 on same charts), with 2004 high of 1.3670 having been reapproached: positive Medium Term outlook for € while above. LT channel top off 1.2877 played Support role in recent corrections (see graph).
- GBP/USD watch 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
- The Cable experience at our Forex Forum
Other Topics for this Session:
Daily Recommended Trades - EUR/USD daily outlook by E-Forex
Currency Majors Technical Analysis - 1,3605. EUR USD broke 1,3620 support by Mataf.net
Forecast on Forex Majors - Forecast on Forex Majors by FX-Strategy
Currencies at a Glance
- EUR/USD
- Continues to trade around opening price level at 1.3600 on a very tight range
04/27/2007 06:58 GMT - GBP/USD
- Drops below yesterday low at 1.9891 , toward first support level at 1.9848
04/27/2007 06:58 GMT - USD/CHF
- Continues to trade around opening price level at 1.2084 on a very tight range
04/27/2007 06:58 GMT - USD/JPY
- Floating around opening price level at 119.56 on a narrow daily range
04/27/2007 06:58 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - USD/JPY
**Source : CMS Forex, Danske Bank A/S, Finotec Group Inc., 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
Switzerland KOF SWISS LEADING INDICATOR
| Date (GMT) | Event | Cons. | Previous | |
| Apr 27 | 09:30 | KOF Swiss Leading Indicator | 2.0 | 1.9 |
Daily FX Mirror - Daily FX Mirror by AvatarFX
Latest comments from the Swiss National Bank official the market will look to the latest KoF Leading Indicator data to shed further light on the Swiss economy"s health. The barometer is due for unveiling on Friday and is expected to rise for the third consecutive month to 2.0 from the previous 1.9 reading.
[ Full Story ]Top Market Movers Review
Japan BANK OF JAPAN TARGET RATE DECISION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 27 | 05:00 | Bank of Japan Target Rate Decision | 0.5% | 0.5% | 0.5% |
Bank of Japan keeps overnight call rate target unchanged (AFX News)
The Bank of Japan kept its overnight call rate target unchanged at 0.5 pct for the third straight meeting, as widely expected by the market. The BoJ said the vote by the nine-member policy board was unanimous. At the conclusion of a one-day meeting, the board also decided to leave the Lombard rate, at which it lends directly to commercial banks, at 0.75 pct.
[ Full Story ]- Read the Monetary Policy report at Bank of Japan
- Bank of Japan keeps call rate target unchanged - UPDATE (AFX News)
Japan NATIONAL CONSUMER PRICE S.A
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 26 | 23:30 | National Consumer Price s.a (MoM) | 0.2% | -0.1% | -0.3% |
| Apr 26 | 23:30 | National Consumer Price Index (YoY) | -0.3% | -0.2% | -0.2% |
Overnight Briefing: Far East Timezone - Japanese CPI by Jyske Bank
Japanese core consumer prices fell more than expected in March while industrial production showed a surprising drop, raising doubts about how soon the Bank of Japan could next lift interest rates.
[ Full Story ]- Read the Consumer Price Index report at Japan Ministry of Internal Affairs and Communications
- Bank of Japan cuts core CPI forecast rise to 0.1 pct, still sees GDP up 2.1 pct (AFX News)
- Japan March core CPI down 0.3 pct yr-on-yr, bigger fall than forecast (AFX News)
- Japan March Core CPI -0.3% On Yr; Mkt Expected -0.2% (Dow Jones)
Daily Market Report: Forex - The Yen weakened today as the market awaits the CPI data by ICICI Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 26 | 23:50 | JP | Industrial Production (YoY) (Mar)  | 1.6% | 3.6% | 3.1% |
| 23:50 | JP | Retail Trade s.a (MoM) (Mar) | -0.7% | 2.2% | ||
| Apr 27 | 05:00 | JP | Bank of Japan Target Rate Decision (Apr 27) | 0.5% | 0.5% | 0.5% |
| 06:00 | JP | Bank of Japan Semi-annual Outlook Report | 1 | |||
| 09:30 | CH | KOF Swiss Leading Indicator (Apr) | 2.0 | 1.9 | ||
| 12:30 | US | Gross Domestic Product Annualized (1Q) | 1.8% | 2.5% | ||
| 12:30 | US | Gross Domestic Product Price Index (1Q) | 3.1% | 1.7% | ||
| 14:00 | US | Michigan Consumer Sentiment Index (Apr) | 85.0 | 85.3 | ||