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What moves currencies?
Expert: Tony Juste
Start: Thu, May 3, 10:00 GMT
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24 hour Outlook
Expert: John Putman
Start: Thu, May 3, 17:00 GMT
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Type of Session: Webinar
| Sponsored By: | ||||
| Thu, May 3, 10:00 GMT | What moves currencies? | Tony Juste | WBN | |
| Thu, May 3, 12:00 GMT | US Pre-Market Open  | Ed Ponsi | WBN |  |
| Thu, May 3, 13:00 GMT | Raghee Horner's Four Step Trading: Forex | Raghee Horner | WBN | |
| Thu, May 3, 13:20 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: Europe
USD/JPY
Forex Technical Analysis - EUR/USD:(1.3605) Toying back with LT channel top off 1.2877 by KBC Bank
New year high, with move above 1.3310 (monthly Downtrendline off 1992 on synthetic charts) and above 1.3468 (LT daily Downtrenline off 1992 on same charts): positive Medium Term outlook for € while above. Currently toying back with channel top off 1.2877 and back above 1.3585 (neckline of a Short Term Double Top?: see graph).
- Trade Alert (intraday): GBP/USD (III) 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 Technical Analysis - JPY: Not going according to plan with a daily close above 120.00 yesterday by Mizuho Corporate Bank
Daily Forex Commentary - Waiting on news by Jyske Bank
Daily Recommended Trades - EUR/USD daily outlook by E-Forex
Currencies at a Glance
- EUR/USD
- Moves up above first resistant level at 1.3615
05/03/2007 06:59 GMT - GBP/USD
- Moves up above today's pivot level at 1.9920
05/03/2007 06:59 GMT - USD/CHF
- Drops below first support level at 1.2104
05/03/2007 06:59 GMT - USD/JPY
- Moves down toward today's pivot level at 119.99
05/03/2007 07:00 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
UK PMI - SERVICES INDEX
| Date (GMT) | Event | Cons. | Previous | |
| May 3 | 08:30 | PMI - Services Index | 57.6 | 57.6 |
Friday Notes - German economy enjoys an updraft by HVB Group
After a weak start of the year and a small uptick in March, we expect April services PMI to move sideways at 57.6. However, should our forecast prove correct, the services PMI would remain above its long-term average, signaling a still strong level of activity for the sector. The price-charged sub-index is also likely to rise, asfirms are willing to widen margins.
[ Full Story ]Top Market Movers Review
Switzerland CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 3 | 05:45 | Consumer Price Index (YoY) | 0.5% | 0.2% | 0.2% |
| May 3 | 05:45 | Consumer Price Index (MoM) | 1.1% | 0.9% | 0.1% |
Swiss April CPI up 1.1 pct from March (AFX News)
The consumer price index reached 101.3 points, up 1.1 pct from March with consumer prices rising 0.5 pct from a year ago in April, the Swiss Federal Statistics Office said. Economists polled by Thomson Financial News had forecast a yearly price hike of between 0.4-1.0 pct, while on a monthly basis the index had been expected to move between a negative 0.2 pct or a a positive 0.3 pct.
[ Full Story ]- Swiss Federal Statistics Office homepage
- Swiss CPI rises 1.1% in April on fuel and clothes (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| May 3 | 05:45 | CH | Consumer Price Index (MoM) (Apr) | 1.1% | 0.9% | 0.1% |
| 05:45 | CH | Consumer Price Index (YoY) (Apr) | 0.5% | 0.2% | 0.2% | |
| 08:30 | UK | PMI - Services Index | 57.6 | 57.6 | ||
| 09:00 | EMU | Producer Price Index (MoM) (Mar) | 0.3% | 0.3% | ||
| 12:30 | US | Initial Jobless Claims (Apr 28) | 321K | |||
| 12:30 | US | Nonfarm Productivity (1Q)  | 1.1% | 1.6% | ||
| 14:00 | US | ISM Non-Manufacturing | 53.2 | 52.4 | ||
| May 4 | 01:30 | AU | RBA Monetary Policy Statement | 1 | ||
| 01:30 | AU | Trade Balance (Mar) | -1000 | -838M | ||
| 12:30 | US | Nonfarm Payrolls (Apr) | 100K | 180K | ||