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EUROPEAN Trading Newsletter
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Live Sessions Schedule
What moves currencies? - ECB Impact on the Markets
Expert: Tony Juste
Start: Wed, Jun 6, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
"Live ECB Decisions with Ed Ponsi"
Expert: Ed Ponsi
Start: Wed, Jun 6, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Wed, Jun 6, 10:00 GMT | What moves currencies? - ECB Impact on the Markets | Tony Juste | WBN | |
| Wed, Jun 6, 11:30 GMT | "Live ECB Decisions with Ed Ponsi" | Ed Ponsi | WBN | |
| Wed, Jun 6, 13:20 GMT | US Session Open  | Ed Ponsi | WBN | |
| Wed, Jun 6, 16:00 GMT | The FX Mirror | Patrick Dyess | WBN | |
Current Session: Europe
EUR/USD
Currency Majors Technical Analysis by Mataf.net
1,3524. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The uptrend should continue to gather momentum.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- Trade Alert/Idea (intraday): EUR/USD & EUR/CHF 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 and Dow Jones Recommended Levels - Fxtechtrade by FXtechtrade
Overnight Briefing: Far East Timezone - Interest rate unchanged in Aud by Jyske Bank
Daily Forex Commentary - Long live the commoditi currencies by Jyske Bank
Currencies at a Glance
- EUR/USD
- Floating around pivot level 1.3521
06/06/2007 07:21 GMT - GBP/USD
- Back around pivot level 1.9935
06/06/2007 07:22 GMT - USD/CHF
- Continues to trade around opening price level 1.2179 , below pivot level 1.2194
06/06/2007 07:22 GMT - USD/JPY
- Back around pivot level 121.47
06/06/2007 07:23 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - USD/JPY
**Source : ActionForex.com, 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
EMU ECB INTEREST RATE DECISION
| Date (GMT) | Event | Cons. | Previous | |
| Jun 6 | 11:45 | ECB Interest Rate Decision | 4.00% | 3.75% |
ECB and BoE meeting Preview by FXstreet.com
On Wednesday the 6th the ECB will meet again with a clear target in mind: hiking 25bp its actual 3.75% to a 4%. As usual, the Market will be waiting for J.C. Trichet's press conference in order to get further clues of the short and mid-term moves by the Bank.
[ Full Story ]Top Market Movers Review
Australia GROSS DOMESTIC PRODUCT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 6 | 01:30 | Gross Domestic Product (QoQ) | 1.6% | 1.0% | 1.0% |
| Jun 6 | 01:30 | Gross Domestic Product (YoY) | 3.8% | 2.9% | 2.8% |
Asia Market Update - Aussie Q1 GDP data reaffirms the RBA's tightening bias by Trade The News
Broad based growth boosts Q1 Aussie GDP: (AU Q1 GDP QOQ: 1.6% V 1.2% expected; YOY: 3.8% V 3.1% expected; Prior q/q revised to 1.1% from 1.0%, prior y/y revised to 2.9% from 2.8%).
[ Full Story ]- Read the GDP report at Australian Bureau of Statistics
- DATA SNAP: Australian 1Q GDP Rises 1.6%; Up 3.8% On Yr (Dow Jones)
Australia RBA INTEREST RATE DECISION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 5 | 23:30 | RBA Interest Rate Decision | 6.25% | 6.25% | 6.25% |
Overnight Briefing: Far East Timezone - Interest rate unchanged in Aud by Jyske Bank
Australia's central bank held interest rates unchanged at 6.25 percent on Wednesday, a decision widely expected by investors given the slowdown in inflation seen in the last two quarters.
[ Full Story ]- Read the Interest Rate report at Reserve Bank of Australia
- Australian central bank leaves official cash rate at 6.25 pct (AFX News)
Weekly Commentary - Good to go by Westpac Institutional Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 6 | 01:30 | AU | Gross Domestic Product (QoQ) (1Q) | 1.6% | 1.0% | 1.0% |
| 01:30 | AU | Gross Domestic Product (YoY) (1Q) | 3.8% | 2.9% | 2.8% | |
| 05:00 | JP | Leading Economic Index (Apr)  | 20.0 | 20.0 | 36.4 | |
| 07:00 | EMU | G8 Summit in Heiligendamm | ||||
| 09:30 | UK | BRC Shop Price Index (YoY) (May) | 0.8% | |||
| 10:00 | DE | Factory Orders (MoM) (Apr) | -1.5% | 2.4% | ||
| 10:00 | DE | Factory Orders (YoY) (Apr) | 9.0% | 9.9% | ||
| 11:45 | EMU | ECB Interest Rate Decision | 4.00% | 3.75% | ||
| 12:30 | US | Nonfarm Productivity (1Q) | 1.3% | 2.1% | ||
| 12:30 | EMU | Trichet Speaks at ECB Monthly News Conference | ||||