Friday, Aug 10, 07:29 GMT
EUROPEAN Trading Newsletter
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Live Sessions Schedule
The Contest Webinar
Expert: Raghee Horner
Start: Fri, Aug 10, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Emerging Market Currencies
Expert: John Jagerson
Start: Fri, Aug 10, 12:00 GMT
Sponsored by:
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Aug 10, 11:00 GMT | The Contest Webinar  | Raghee Horner | WBN | |
| Fri, Aug 10, 12:00 GMT | Emerging Market Currencies | John Jagerson | WBN | |
| Fri, Aug 10, 16:00 GMT | Trading with Tim Billups | Tim Billups | WBN | |
| Mon, Aug 13, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
Current Session: Europe
EUR/USD
Technical Summary for Majors − Technical Summary for Majors by Windsor Brokers Ltd
Recovered to 1.3840,06 August high, from July's fall 1.3853/1.3609. Dropped shortly to 1.3721, this followed the fresh rise to 1.3826 on Wednesday. Subsequent weakness was exacerbated by rejection at Wed/Thur's 1.3826/17 highs as losses stream towards 1.3638/54.
- Postcards from the Right Edge!: New technical analysis blog by Rob Booker
- 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 − Lightning from a clear Sky by Jyske Bank
Daily Technical Analysis − A surprisingly sharp sell−off yesterday means the focus has reverted to the downside by Mizuho Corporate Bank
Forex Technical Report − Forex Technical Report EUR/USD by iFOREX.bg
Currencies at a Glance
- EUR/USD
- Back above opening price level 1.3678 , below pivot level 1.3716
08/10/2007 07:05 GMT - GBP/USD
- Moves down toward first support level 2.0161
08/10/2007 07:07 GMT - USD/CHF
- Moves down toward first support level 1.1924
08/10/2007 07:08 GMT - USD/JPY
- Continues to trade below opening price level 118.16 , below pivot level 118.69
08/10/2007 07:09 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 IMPORT PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Aug 10 | 12:30 | Import Price Index (YoY) | 2.5% | 2.3% |
| Aug 10 | 12:30 | Import Price Index (MoM) | 0.6% | 0.9% |
US economic indicators - Productivity probably rose more strongly in Q2 by BHF−Bank
Import prices had already increased by a total of 5.5% from February to June. But as average petroleum prices continued to rise by about 10% mom, we expect them to have gone up sharply again by 1.5% mom in July.
[ Full Story ]Top Market Movers Review
France INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 10 | 06:45 | Industrial Production (MoM) | -0.5% | 0.4% | 0.5% |
DATA SNAP: French June Industrial Output −0.5% On Month (Dow Jones)
French industrial production declined in June, pulled by continued sagging automobile output, data released by French national statistics office Insee showed Friday.
[ Full Story ]- Read the Industrial production index at Insee
- French June industrial output down 0.5 pct vs May; consensus up 0.3 pct (Thomson Financial News)
- French Industrial Production declines 0.5 in June (FXstreet.com)
Friday Notes - Weathering the storm by HVB Group
Japan CONSUMER CONFIDENCE HOUSEHOLDS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 10 | 05:00 | Consumer Confidence Households | 44.4 | 46.0 | 45.0 |
Japan July Consumer Sentiment Index 44.4 Vs June 45.0 (Dow Jones)
Consumer sentiment in Japan worsened in July for the third straight month, the government said Friday. The index for the Cabinet Office's consumer confidence survey, which measures consumers' economic outlook for the coming six months, fell 0.6 point to 44.4 in July from June's reading of 45.0.
[ Full Story ]- Read the Consumer Confidence survey at Japan Cabinet Office
- Japan consumer confidence falls further in July, index at 31−month low (Thomson Financial News)
Japan INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 10 | 04:30 | Industrial Production (YoY) | 1.1% | 1.0% | 3.8% |
| Aug 10 | 04:30 | Industrial Production (MoM) | 1.3% | 1.2% | -0.3% |
Japan's industrial output rises by revised 1.3 percent in June from May (Thomson Financial News)
Japan's industrial output rose by a seasonally adjusted 1.3 pct in June from May, a faster rise than the initial estimate of 1.2 percent, according to revised data released by the government Friday. The Ministry of Economy, Trade and Industry's revised figures show shipments rose 1.1 percent in June. It had initially estimated a rise of 0.7 percent.
[ Full Story ]- Read the Industrial Production report at Japan Ministry of Economy, Trade and Industry
- Japan June Revised Industrial Output Table Of Data (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 10 | 04:30 | JP | Industrial Production (MoM) (Jun)  | 1.3% | 1.2% | -0.3% |
| 04:30 | JP | Industrial Production (YoY) (Jun) | 1.1% | 1.0% | 3.8% | |
| 05:00 | JP | Consumer Confidence Households (Jul) | 44.4 | 46.0 | 45.0 | |
| 06:45 | FR | Industrial Production (MoM) (Jun) | -0.5% | 0.4% | 0.5% |
|
| 11:00 | CA | Net Change in Employment (Jul) | 23.5 | 34.8 | ||
| 11:00 | CA | Unemployment Rate (Jul) | 6.1% | 6.1% | ||
| 12:30 | US | Advance Retail Sales (Jun) | 0.3% | 1.4% | ||
| 12:30 | US | Export Price Index (MoM) (Jul) | 0.3% | 0.3% | ||
| 12:30 | US | Import Price Index (MoM) (Jun) | 0.6% | 0.9% | ||
| 12:30 | US | Import Price Index (YoY) (Jul) | 2.5% | 2.3% | ||