Monday, Jul 09, 07:36 GMT
EUROPEAN Trading Newsletter
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Live Sessions Schedule
What moves currencies? - Preview of the Week Ahead
Expert: Tony Juste
Start: Mon, Jul 9, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
US Session Open
Expert: Ed Ponsi
Start: Mon, Jul 9, 13:30 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Mon, Jul 9, 10:00 GMT | What moves currencies? - Preview of the Week Ahead | Tony Juste | WBN | |
| Mon, Jul 9, 12:00 GMT | US Pre-Market Open  | Ed Ponsi | WBN | |
| Mon, Jul 9, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Mon, Jul 9, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
Current Session: Europe
EUR/USD
Daily Technical Analysis - EUR/JPY: A new all-time high at 168.55 and many other Yen crosses hitting new recent highs by Mizuho Corporate Bank
One of the strongest weekly closes ever, just under the all-time high at 1.3670/1.3683. Sooner or later we expect new records to be set and potentially big moves in uncharted territory. Dips could be quite sharp and deeper than many might imagine, so take your time.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- Read the currencies' news in Real time 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:
EUR/USD Daily Technical Forex by Stoploss.ch
Daily Recommended Trades - EUR/USD daily outlook by E-Forex
Forecast on Forex Majors by FX-Strategy
Currencies at a Glance
- EUR/USD
- Stays above pivot level 1.3611
07/09/2007 07:10 GMT - GBP/USD
- Floating around opening price level 2.0110 , above pivot level 2.0101
07/09/2007 07:10 GMT - USD/CHF
- Moves down below pivot level 1.2190
07/09/2007 07:10 GMT - USD/JPY
- Continues to trade around first resistant level 123.63
07/09/2007 07:10 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 INDUSTRIAL PRODUCTION S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Jul 9 | 10:00 | Industrial Production s.a. (MoM) | 1.9% | -2.3% |
Friday Notes - EMU Budgets: Missed Opportunities by HVB Group
The UniCredit-Reuters tool points to a tangible recovery in May following the strong setback in the preceding month. After problems with the seasonal adjustment because of the mild winter weather, the dynamic of production should now stabilize at a level clearly above the longterm average.
[ Full Story ]Top Market Movers Review
Germany TRADE BALANCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 9 | 06:00 | Trade Balance | 17.5B | 16.0B | 15.0B |
DATA SNAP: German May Trade Surplus Widens To EUR17.5 Bln (Dow Jones)
Germany's trade surplus widened more than expected in May, data from the Federal Statistics Office showed Monday. Germany's trade surplus rose to EUR17.5 billion in May from EUR15.0 billion in April.
[ Full Story ]- Read the German exports in May 2007: + 9.3% on May 2006 at German Statistics
- German May trade surplus 17.5 bln eur vs 15.0 bln in April UPDATE (Thomson Financial News)
- German May trade surplus 17.5 bln eur vs 15.0 bln in April (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 9 | 06:00 | DE | Trade Balance | 17.5B | 16.0B | 15.0B |
| 08:30 | UK | Producer Price Index - Input (MoM) | 0.8% | 0.4% | ||
| 08:30 | UK | Producer Price Index - Input (YoY) (Jun) | 2.1% | 1.2% | ||
| 08:30 | UK | Producer Price Index - Output (MoM) (Jun) | 0.3% | 0.4% | ||
| 08:30 | UK | Producer Price Index - Output (YoY) (Jun) | 2.6% | 2.5% | ||
| 10:00 | DE | Industrial Production s.a. (MoM) (Jun) | 1.9% | -2.3% | ||
| Jul 10 | 09:25 | CA | BoC Interest Rate Announcement | 4.25% | ||
| 14:00 | US | Wholesale Inventories (May) | 0.4% | 0.3% | ||
| Jul 12 | 03:00 | JP | BoJ Interest Rate Decision | 0.5% | ||
| 09:00 | EMU | Industrial Production s.a. (MoM) | 1.0% | -0.8% | ||