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Today's Webinars
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Apr 30, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
SPECIAL EVENT: Trade Non-Farm Payrolls LIVE - 12th Edition
Expert: Wayne McDonell
Start: Fri, May 4, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: Europe
GBP/USD
Daily Technical Analysis - GBP/USD: Trading very neatly despite these very high levels and jitters Thursday/Friday by Mizuho Corporate Bank
Trading very neatly despite these very high levels and jitters Thursday/Friday. The pullback towards 1.9800 has done wonders in correcting the overbought situation while keeping bullish momentum strong. Expect consolidation today between 1.9900 and 2.0050.
- Euro and Swissy confirm the trigger 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:
US Trading Preview - The dollar continues to reel against the majors by Forexnews.com
Daily Market Commentary - The overbought euro/dollar rallied further on Friday to reach an 11 ½-year high by Global Forex Trading Ltd.
Daily Recommended Trades - EUR/USD daily outlook by E-Forex
Currencies at a Glance
- EUR/USD
- Continues to move down below first support level at 1.3595
04/30/2007 09:24 GMT - GBP/USD
- Moves down toward first support level at 1.9877
04/30/2007 09:24 GMT - USD/CHF
- Continues to move up , slightly below first resistant level at 1.2104
04/30/2007 09:24 GMT - USD/JPY
- Moves up toward last week high at 119.75 , above today's pivot at 119.41
04/30/2007 09:24 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
US PERSONAL SPENDING
| Date (GMT) | Event | Cons. | Previous | |
| Apr 30 | 12:30 | Personal Spending | 0.5% | 0.6% |
US Trading Preview - The dollar continues to reel against the majors by Forexnews.com
Inflation is expected to ease in March, with core PCE forecasted to slip to 0.1% from 0.3% a month earlier. Personal income and consumption are both seen declining to 0.5% in March.
[ Full Story ]Top Market Movers Review
UK GFK CONSUMER CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 30 | 09:30 | Gfk Consumer Confidence | -6 | -8 | -8 |
DATA SNAP: UK Consumer Confidence Revived In April - GfK (Dow Jones)
U.K. consumers became more confident about the economic outlook and their personal financial prospects in April, indicating that the threat of further rises in interest rates have yet to dampen their spirits.
[ Full Story ]EMU CPI ESTIMATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 30 | 09:00 | CPI Estimate | 1.8% | 1.8% | 1.9% |
Euro Zone yearly CPI edges down in April, compared to March (FXstreet.com)
Inflation at consumer level edged down in April compared to March, remaining between the limits of price stability established by the European Central Bank.
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "European data was mixed overall, but weak CPI forecast and based consumer confidence being on the negative side and industrial confidence the only positive data coming out. The Euro did not digest the data well at the beginning, but the current momentum favored a quick bounce, helped by the focus on industrial confidence, which rose to new highs."
EMU INDUSTRIAL CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 30 | 09:00 | Industrial Confidence | 7 | 7 | 6 |
| Apr 30 | 09:00 | Economic Confidence | 111.0 | 110.7 | 111.1 |
| Apr 30 | 09:00 | Consumer Confidence | -4 | -4 | -4 |
Euro Zone Industrial Confidence hits record; Economic Confidence edges down (FXstreet.com)
Industrial confidence has risen to +7 in April from + 6 in March, in the countries of the Euro Zone, reaching a record despite the strong Euro and the U.S. economic slowdown.
[ Full Story ]Germany RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 30 | 06:00 | Retail Sales | -0.7% | 0.8% | 1.0% |
DATA SNAP: German March Retail Sales -0.7% MM, +0.5% YY (Dow Jones)
German retail sales unexpectedly fell in March, down 0.7% on the month, against expectations of an increase, Federal Statistics Office data showed Monday. Retail sales rose 0.5% on the year when adjusted for seasonal factors.
[ Full Story ]- Read the Retail Sales report at Federal Statistical Office Germany
- German March retail sales down 0.7 pct vs Feb, up 0.5 pct yr-on-yr (AFX News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 30 | 09:00 | EMU | Consumer Confidence (Apr) | -4 | -4 | -4 |
| 09:00 | EMU | CPI Estimate (Apr) | 1.8% | 1.8% | 1.9% | |
| 09:00 | EMU | Industrial Confidence (Apr) | 7 | 7 | 6 | |
| 09:30 | UK | Gfk Consumer Confidence (Apr) | -6 | -8 | -8 | |
| 12:30 | US | Core Personal Consumption Expenditure (MoM) (Mar) | 0.1% | 0.3% | ||
| 12:30 | US | Core Personal Consumption Expenditure (YoY) (Mar) | 2.2% | 2.4% | ||
| 12:30 | US | Personal Consumption Expenditure Deflator (Mar) | 2.3% | |||
| 12:30 | US | Personal Income (Mar) | 0.5% | 0.6% | ||
| 12:30 | US | Personal Spending (Mar) | 0.5% | 0.6% | ||
| 13:45 | US | Chicago Purchasing Managers' Index (Mar) | 55.0% | 61.7% | ||