Thursday, Sep 13, 07:45 GMT
EUROPEAN Trading Newsletter
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Live Sessions Schedule
How to Intraday Trade Volatile Markets Using the ADX − Free Access Day
Expert: Matt Kirk
Start: Thu, Sep 13, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Commitment of Traders (COT) Indicator − Free Access Day
Expert: S. Wade Hansen
Start: Thu, Sep 13, 14:00 GMT
Sponsored by:
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Sep 13, 11:00 GMT | How to Intraday Trade Volatile Markets Using the ADX − Free Access Day | Matt Kirk | WBN | |
| Thu, Sep 13, 12:00 GMT | NFA New Regulations for Brokers: Tony Juste talks about it − Free Access Day | Tony Juste | WBN |  |
| Thu, Sep 13, 13:30 GMT | Weekly Technical Briefing − Free Access Day | Dan Blystone | WBN | |
| Thu, Sep 13, 14:00 GMT | Commitment of Traders (COT) Indicator − Free Access Day | S. Wade Hansen | WBN | |
Current Session: Europe
EUR/USD
Daily Recommended Trades − EUR/USD daily outlook by E−Forex
It was about time for the Euro to reach the 1.39 area and it made it, after testing the 1.3900 resistance for about 4 hours. Support is now formed at 1.3885 backed by 1.3865 and 1.3840. Resistance starts at 1.3900 followed by 1.3915 and 1.3945. Daily sentiment is bullish, hourly is slightly bearish due to the minor retracement on the Asian session.
- What's going on? by Tony Juste
- TRENDEX: Real−time market comments and trading tips. Get your Trial Account now!
- 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
US Trading Preview − The dollar is mired near its lows against the euro by Forexnews.com
Forecast on Forex Majors − Forecast on Forex Majors by FX−Strategy
Currencies at a Glance
- EUR/USD
- Stays above pivot level 1.3880
09/13/2007 07:00 GMT - GBP/USD
- Moves down below first support level 2.0265
09/13/2007 07:00 GMT - USD/CHF
- Continues to trade around pivot level 1.1853
09/13/2007 07:01 GMT - USD/JPY
- Continues to trade around opening price level 114.23 , above pivot level 114.13
09/13/2007 07:01 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading, Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
Switzerland SNB INTEREST RATE DECISION
| Date (GMT) | Event | Cons. | Previous | |
| Sep 13 | 12:00 | SNB Interest Rate Decision | - | 2.5% |
Friday Notes - ECB: Stage−managing the crisis by HVB Group
Although this week's GDP data indicated robust growth in Q2, the SNB will probably remain on hold for two reasons. First, they want to calm financial markets.
[ Full Story ]- OUTLOOK SNB set to hike rates by 25 basis points for 8th consecutive time (Thomson Financial News)
Top Market Movers Review
New Zealand RBNZ INTEREST RATE DECISION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 12 | 21:00 | RBNZ Interest Rate Decision | 8.25% | 8.25% | 8.25% |
New Zealand central bank leaves interest rates steady (Thomson Financial News)
The Reserve Bank of New Zealand on Thursday left its official interest rate unchanged at 8.25 percent after raising it four times so far this year, ending a tightening cycle that has lasted more than three years. Since January 2004, there had been 13 rate hikes of 25 basis points each as the central bank attempted to rein in strong domestic demand which had fanned inflation.
[ Full Story ]- Read the Interest Rate Decision report at RBNZ
Weekly Commentary - All eyes on the RBNZ by Westpac Institutional Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 12 | 21:00 | NZ | RBNZ Interest Rate Decision | 8.25% | 8.25% | 8.25% |
| 22:45 | NZ | Retail Sales (MoM) (Aug) | 0% | -0.4% | ||
| Sep 13 | 08:00 | EMU | ECB Publishes Monthly Report | |||
| 12:00 | CH | SNB Interest Rate Decision | 2.5% | |||
| 12:30 | US | Initial Jobless Claims (Sep 8) | 325K | 318 | ||
| Sep 14 | 06:00 | DE | Consumer Price Index (MoM) (Aug) | -0.1% | 0.4% | |
| 06:00 | DE | Consumer Price Index (YoY) (Aug) | 2.0% | 1.9% | ||
| 09:00 | EMU | Consumer Price Index (MoM) (Aug) | 0.1% | -0.2% | ||
| 09:00 | EMU | Consumer Price Index (YoY) (Aug) | 1.8% | 1.8% | ||
| 12:30 | US | Import Price Index (MoM) (Aug) | 0.3% | 1.5% | ||