Tuesday, May 29, 08:07 GMT
EUROPEAN Trading Newsletter
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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, May 29, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
What moves currencies? - JPY crosses watch
Expert: Tony Juste
Start: Tue, May 29, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Tue, May 29, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, May 29, 10:00 GMT | What moves currencies? - JPY crosses watch | Tony Juste | WBN | |
| Tue, May 29, 12:00 GMT | US Pre-Market Open  | Ed Ponsi | WBN |  |
| Tue, May 29, 13:00 GMT | Raghee Horner's Four Step Trading: Forex | Raghee Horner | WBN |  |
Current Session: Europe
EUR/USD
Forex Technical Analysis - EUR/USD:(1.3440) Currently trying to regain the LT channel of 1.2877 and still in Bullish Flag by KBC Bank
Pair currently back below LT daily Downtrenline off 1992 (synthetic charts: 1.3459 today). Medium Term: 1.3310 = broken monthly Downtrendline off 1992 on same charts.
The pair is now trying to regain the channel off 1.2877 and still in bullish Flag off 1.3683
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- Read the latest Technical Comments by Tony Juste
- The Signals Tracker: track down the performance of a particular signals provider
- 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
Other Topics for this Session:
Daily Forex Commentary - Place our bets please… by Jyske Bank
Daily Recommended Trades - EUR/USD daily outlook by E-Forex
Forex Technical Report - Forex Technical Report GBP/USD by iFOREX.bg
Currencies at a Glance
- EUR/USD
- Stays below pivot level at 1.3451
05/29/2007 06:46 GMT - GBP/USD
- Moves up above pivot level at 1.9836
05/29/2007 06:46 GMT - USD/CHF
- Back around pivot level at 1.2279 after hit 1.2300
05/29/2007 06:46 GMT - USD/JPY
- Moving down below 121.35 , below pivot level at 121.71
05/29/2007 06:46 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. , Mizuho Corporate Bank
[ View ASI page ] [ View USD/JPY page ]
Charting the Market Movers
EUR USD, Hourly
USD JPY, Hourly
Top Market Movers Preview
Germany CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| May 29 | 12:00 | Consumer Price Index (YoY) | 1.9% | 1.9% |
| May 29 | 12:00 | Consumer Price Index (MoM) | 0.2% | 0.4% |
EMU economic indicators - Inflation in Germany is likely to remain unchanged at 1.9% yoy in May by BHF-Bank
According to regional CPI data already published on Friday, inflation in Germany is likely to remain unchanged at 1.9% yoy in May. In mom terms, prices probably rose 0.2%, with most of the increase stemming from higher energy prices.
[ Full Story ]Top Market Movers Review
Switzerland TRADE BALANCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 29 | 06:15 | Trade Balance | 0.627M | 0.850B | 0.720B |
Swiss trade surplus narrows in April (FXstreet.com)
Trade surplus narrowed in Switzerland to 627 millions of Swiss Francs in April, 15% lower than the same month last year, due to weaker trade flows, as the latest report by the Swiss Customs Office shows.
[ Full Story ]- Federal Customs Office homepage
- Swiss April trade surplus 627 mln sfr vs 718 mln (AFX News)
Japan JOBLESS RATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 28 | 23:30 | Jobless Rate | 3.8% | 4.0% | 4.0% |
Asia Market Update - JPY rallies on jobs data as Shanghai stocks continue to break records by Trade The News
Japanese jobless rate at a 9yr low: (JP APRIL JOBLESS RATE: 3.8% V 4.0% expected; JOB-TO-APPLICANT RATIO: 1.05 V 1.03 expected) Japan' s jobless rate had been steady at 4.0% since November.
[ Full Story ]- Read the Jobless Rate report at Japan Ministry of Internal Affairs and Communications
- Japanese govt bonds end morning weaker after upbeat data (AFX News)
- Japan unemployment rate falls to over 9-year low in April - UPDATE (AFX News)
- Japan's Apr Jobless Rate 3.8%; Market Expected 4.0% (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| May 28 | 23:30 | JP | Jobless Rate | 3.8% | 4.0% | 4.0% |
| 23:50 | JP | Retail Trade (YoY) | -0.6% | -0.4% | -0.7% | |
| May 29 | 06:15 | CH | Trade Balance | 0.627M | 0.850B | 0.720B |
| 08:00 | EMU | Current Account | 5.4B | -5.3B | -3.7B | |
| 12:00 | DE | Consumer Price Index (MoM) | 0.2% | 0.4% | ||
| 12:00 | DE | Consumer Price Index (YoY) | 1.9% | 1.9% | ||
| 14:00 | CA | BoC Interest Rate Announcement | 4.25% | 4.25% | ||
| 14:00 | US | Consumer Confidence (May) | 104.5 | 104.0 | ||
| 23:50 | JP | Industrial Production (MoM) | 0.5% | -0.3% | ||
| 23:50 | JP | Industrial Production (YoY) (Mar) | 2.8% | 2.0% | ||