Friday, Jun 15, 07:17 GMT
EUROPEAN Trading Newsletter
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Live Sessions Schedule
What moves currencies? - US Data
Expert: Tony Juste
Start: Fri, Jun 15, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Jun 18, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Fri, Jun 15, 10:00 GMT | What moves currencies? - US Data | Tony Juste | WBN | |
| Mon, Jun 18, 12:00 GMT | US Pre-Market Open  | Ed Ponsi | WBN |  |
| Mon, Jun 18, 13:20 GMT | US Session Open | Ed Ponsi | WBN | |
| Mon, Jun 18, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
Current Session: Europe
USD/JPY
Daily Market Commentary - The dollar marched higher against all the majors, except for the euro by Global Forex Trading Ltd.
Dollar/yen made another rally on Thursday to a new high for the uptrend. Look for some pullback before some more strength will be seen. Above 123.25 the next resistance level now comes at 123.87. Distant resistance is at 124.50.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- Price Flash: EUR/USD hits 1.3320, pays off MA's setup ... 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 Technical Report - Dollar Steady Ahead of a Busy Economic Release Schedule by ActionForex.com
Daily Forex Commentary - Important Speeches and Empty Words by Jyske Bank
Daily Recommended Trades - EUR/USD daily outlook by E-Forex
Currencies at a Glance
- EUR/USD
- Stays above opening price level 1.3312 , toward first resistant level 1.3330
06/15/2007 07:12 GMT - GBP/USD
- Continues to trade above pivot level 1.9694
06/15/2007 07:13 GMT - USD/CHF
- Trades below pivot level 1.2456
06/15/2007 07:13 GMT - USD/JPY
- Moves up toward first resistant level 123.17
06/15/2007 07:13 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
US CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Jun 15 | 12:30 | Consumer Price Index (MoM) | 0.6% | 0.4% |
Friday Notes - Italy: Draghi's wake up call by HVB Group
Gasoline prices rose 10% and there is no sizable seasonal adjustment factor for May. Other consumer prices likely rose at about the same pace as in recent months.
[ Full Story ]Top Market Movers Review
Japan BOJ INTEREST RATE DECISION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 15 | 03:15 | BoJ Interest Rate Decision | 0.5% | 0.5% | 0.5% |
Daily Global Commentary - Japanese Government Weighs In on Interest Rate Outlook by Northern Trust
The Bank of Japan (BoJ) has committed itself to a process of “normalizing†the interest rate environment (i.e. bring the benchmark rate well north of its current 0.50%) over an indeterminate time frame without stifling growth.
[ Full Story ]- Read the Latest Release from The Bank of Japan
- Bank of Japan keeps assessment; says economy to sustain modest growth - UPDATE (AFX News)
- Bank of Japan keeps overnight call rate on hold at 0.5% (FXstreet.com)
- Bank of Japan keeps assessment in June; says economy to sustain modest growth (AFX News)
Japan TERTIARY INDUSTRY INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 14 | 23:50 | Tertiary Industry Index (MoM) | 1.7% | 1.5% | -2.2% |
Japan April Tertiary Activity Up 1.7% On Month (Dow Jones)
Japanese service sector activity rose a seasonally adjusted 1.7% in April from a month earlier, rising for the first time in two months, the government said Friday. The Ministry of Economy, Trade and Industry said the index stood at 110.4 in April, following a revised 1.9% fall to 108.6 in March.
[ Full Story ]Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 14 | 22:45 | NZ | Manufacturing Production (MoM) (1Q) | 0.8% | -2.2% | |
| 23:50 | JP | Tertiary Industry Index (MoM) (Apr) | 1.7% | 1.5% | -2.2% | |
| Jun 15 | 03:15 | JP | BoJ Interest Rate Decision (Jun 14) | 0.5% | 0.5% | 0.5% |
| 06:30 | JP | BoJ Governor Fukui to Hold Regular Press Conference | ||||
| 09:00 | EMU | Trade Balance s.a. (Apr) | €1.2B | €7.4B | ||
| 12:30 | US | Consumer Price Index (MoM) (May) | 0.6% | 0.4% | ||
| 13:15 | US | Capacity Utilization (May) | 81.5% | 81.6% | ||
| 13:15 | US | Industrial Production (MoM) (May) | 0.1% | 0.7% | ||
| 14:00 | US | Reuters/Michigan Consumer Sentiment Index (Jun) | 88.0 | 88.3 | ||
| Jun 21 | 09:33 | EMU | ECB Interest Rate Decision | 4% | ||