Monday, Sep 03, 07:33 GMT
EUROPEAN Trading Newsletter
To Get Started
- New NFA requirements - Francesc Riverola asks the opinion of top industry's CEO's
- Tony Juste is back! Check the Advisor Blog now
- FXstreet.com 1st International Traders Conference − Come and meet our renowned Speakers
- Millionaire Traders: The new book by Kathy Lien & Boris Schlossberg
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Live Sessions Schedule
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Sep 3, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Sep 4, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Sep 3, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Sep 3, 12:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Mon, Sep 3, 13:00 GMT | FX Instructor Live Trading Room | Sunil Mangwani | WBN |  |
| Mon, Sep 3, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: Europe
GBP/USD
EUR : Friday's ‘spike high' above 1.3700 by Mizuho Corporate Bank
Little to add as we nudge up into the Ichimoku ‘cloud' and we favour a move to 2.0350 this week. All dips are seen as long term buying opportunities for a move higher late this year. Strategy remains unchanged: attempt longs at 2.0155, adding to 2.0000; stop well below 1.9925. Cover longs ahead of 2.0400.
- Tony Juste is finally back! Read his last weblog posts
- The Signals Tracker: performance of signals providers
- Check out how pairs moved: Live Currency Rates & Charts
- 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:
Forex Technical Report − Forex Technical Report EUR/USD by iFOREX.bg
Currencies at a Glance
- EUR/USD
- Moves up toward pivot level 1.3656
09/03/2007 07:11 GMT - GBP/USD
- Back above pivot level 2.0169
09/03/2007 07:12 GMT - USD/CHF
- Continues to trade around opening price level 1.2076 , above pivot level 1.2052
09/03/2007 07:14 GMT - USD/JPY
- Trades around pivot level 115.96
09/03/2007 07:14 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading Ltd. , Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
UK PMI MANUFACTURING INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Sep 3 | 08:30 | PMI Manufacturing Index | - | 55.7 |
Friday Notes - ECB: Rate Hike Postponed For Now by HVB Group
After an unexpectedly strong reading in July (when the PMI rose markedly to 55.7 from the previous 54.3), we expect the manufacturing PMI to edge down in August to 54.9.
[ Full Story ]Top Market Movers Review
US FACTORY ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 31 | 14:00 | Factory Orders | 3.7% | 0.7% | 0.6% |
DATA SNAP: US Jul Factory Orders Rise More Than Expected (Dow Jones)
Factory orders climbed in July more than expected and bookings for expensive goods were revised higher, a pair of signs the manufacturing sector was in solid shape beginning the second half of 2007.
[ Full Story ]- Read the Highlights from the preliminary report on manufacturers' shipments, inventories, and orders at Census Bureau
- US July factory orders up 3.7 pct vs 3.3 pct rise expected as car orders jump (Thomson Financial News)
- US Factory Orders rise to 3.7% in Jul (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 3 | 07:55 | DE | PMI Manufacturing Index (Aug) | 56.8 | ||
| 08:00 | EMU | PMI Manufacturing Index (Aug) | 54.9 | |||
| 08:30 | UK | PMI Manufacturing Index (Aug) | 55.7 | |||
| Sep 4 | 09:00 | EMU | Gross Domestic Product s.a. (QoQ) (2Q) | 0.7% | ||
| 09:00 | EMU | Gross Domestic Product s.a. (YoY) (2Q) | 2.5% | |||
| 09:00 | EMU | Producer Price Index (MoM) (Jul) | 0.1% | |||
| 09:00 | EMU | Producer Price Index (YoY) (Jul) | 2.3% | |||
| 09:00 | EMU | Retail Sales (MoM) (Jul) | 0.4% | |||
| 09:00 | EMU | Retail Sales (YoY) (Jul) | 0.9% | |||
| 14:00 | US | ISM Manufacturing (Aug) | 53.8 | |||