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EUROPEAN Trading Newsletter
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Live Sessions Schedule
What moves currencies?
Expert: Tony Juste
Start: Thu, Jun 28, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Watch Live Coverage of the US GDP
Expert: Jerry Furst
Start: Thu, Jun 28, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Thu, Jun 28, 10:00 GMT | What moves currencies? | Tony Juste | WBN | |
| Thu, Jun 28, 11:30 GMT | Watch Live Coverage of the US GDP | Jerry Furst | WBN | |
| Thu, Jun 28, 13:00 GMT | Raghee Horner's Four Step Trading: Forex  | Raghee Horner | WBN |  |
| Thu, Jun 28, 14:00 GMT | Technical Analysis Q&A | Tony Juste | WBN |  |
Current Session: Europe
EUR/USD
Forex Technical Report - EUR/USD 1.3463 - 28 June 2007 by iFOREX.bg
EUR/USD Open 1.3455 High 1.3476 Low 1.3416 Close 1.3448.
Trading yesterday was quiet and the Euro was trading in the range 1.3418 - 1.3454 US Dollars. This morning the currency pair was exchanging at levels 1.3449 - 1.3466.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- USD/JPY or how a magnet line worked so well 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 Market Commentary - Dollar/yen reversed early losses after verbal intervention against the carry trades failed by Global Forex Trading Ltd.
Daily Forex Commentary - Summing up… by Jyske Bank
Daily Recommended Trades - EUR/USD daily outlook by E-Forex
Currencies at a Glance
- EUR/USD
- Continues to move up above first resistant level 1.3469
06/28/2007 07:11 GMT - GBP/USD
- Moves up above second resistant level 2.0036
06/28/2007 07:11 GMT - USD/CHF
- Moves down below first support level 1.2276
06/28/2007 07:11 GMT - USD/JPY
- Stays above pivot level 122.76
06/28/2007 07:11 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
Germany UNEMPLOYMENT RATE S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Jun 28 | 07:55 | Unemployment Rate s.a. | 9.2% | 9.2% |
| Jun 28 | 07:55 | Unemployment Change | -20K | 3K |
Friday Notes - US Q2 growth bouncing back by HVB Group
Persistently brisk corporate investment activity also points to a decline in unemployment in the further course of the year. In June, the positive growth effect should have seen the nsa number decline slightly more strongly than normal for this time of the year (-68k). Hence, we also expect a decline in the sa number.
[ Full Story ]Top Market Movers Review
UK NATIONWIDE HOUSING PRICES S.A
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 28 | 06:00 | Nationwide Housing Prices s.a (MoM) | 1.1% | 0.6% | 0.5% |
| Jun 28 | 06:00 | Nationwide Housing Prices n.s.a (YoY) | 11.1% | 10.4% | 10.3% |
DATA SNAP: UK June House Prices +1.1%MM, +11.1%YY (Dow Jones)
U.K. house prices surged in June, adding to expectations that the Bank of England will raise rates to 6% before the end of the year, the Nationwide Building Society said Thursday. According to the mortgage lender, June house prices were up a seasonally adjusted 1.1% from May, which was the largest monthly increase in 2007 so far.
[ Full Story ]- Nationwide Building Society homepage
- UK Nationwide House Prices increase higher than expected in June (FXstreet.com)
- UK June house prices up monthly 1.1 pct, biggest rise since Dec - Nationwide (Thomson Financial News)
- UK House Prices +1.1%MM, +11.1%YY - Nationwide (Dow Jones)
Economic Data Roundup - United Kingdom: 28/6 Nationwide House Prices (Jun) by ODL Securities
Japan INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 27 | 23:50 | Industrial Production (MoM) | -0.4% | 1.0% | -0.2% |
| Jun 27 | 23:50 | Industrial Production (YoY) | 3.7% | - | 2.3% |
DATA SNAP:Japan May Indus Output -0.4% On Mo;Expected +0.8% (Dow Jones)
Japanese industrial output fell 0.4% in May from April, marking the third straight month of declines, the government said Thursday. The result was much worse than the average forecast of economists surveyed by Dow Jones Newswires and Nikkei News for a 0.8% increase after adjustment for seasonal factors.
[ Full Story ]- Read the Industrial Production report at Japan Ministry of Economy, Trade and Industry
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 27 | 23:50 | JP | Industrial Production (MoM) (May)  | -0.4% | 1.0% | -0.2% |
| 23:50 | JP | Industrial Production (YoY) (May) | 3.7% | 2.3% | ||
| Jun 28 | 06:00 | UK | Nationwide Housing Prices n.s.a (YoY) (Jun) | 11.1% | 10.4% | 10.3% |
| 06:00 | UK | Nationwide Housing Prices s.a (MoM) (Jun) | 1.1% | 0.6% | 0.5% | |
| 07:55 | DE | Unemployment Change (Jun) | -20K | 3K | ||
| 07:55 | DE | Unemployment Rate s.a. (Jun) | 9.2% | 9.2% | ||
| 12:30 | US | Gross Domestic Product Annualized (1Q) | 0.8% | 1.3% | ||
| 12:30 | US | Initial Jobless Claims (Jun 23) | 310K | 324K | ||
| 18:15 | US | Fed Interest Rate Decision | 5.25% | |||
| 22:45 | NZ | Gross Domestic Product (QoQ) (1Q) | 1.0% | 0.8% | ||