Monday, Sep 17, 08:29 GMT
EUROPEAN Trading Newsletter
To Get Started
- TRENDEX: Real-time market comments and trading tips. Get your Trial Account now!
- The Brokers (re) Evolution: The CEO's reply
- FXstreet.com 1st International Traders Conference - Come and meet our renowned Speakers
- Millionaire Traders: The new book by Kathy Lien & Boris Schlossberg
- The Advisor Blog: At the Open. More GBP selling.
Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.
Live Sessions Schedule
What Moves Currencies? − Preview of the Week Ahead
Expert: Tony Juste
Start: Mon, Sep 17, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Sep 17, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Sep 17, 10:00 GMT | What Moves Currencies? − Preview of the Week Ahead | Tony Juste | WBN | |
| Mon, Sep 17, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Sep 17, 13:00 GMT | FX Instructor Live Trading Room  | Nader Moustafa | WBN |  |
| Mon, Sep 17, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
Current Session: Europe
EUR/USD
Forex Technical Report − Forex Technical Report EUR/USD by iFOREX.bg
EUR/USD Open 1.3870 High 1.3925 Low 1.3788 Close 1.3863.
In August the Euro made a correction, but overall dropping for the month was insignificant. In force remains the middle term upward channel with bottom limit 1.3397. Last week the Euro currency sharply rose and overcame the support 1.3732 and testing 1.3795.
- Read the latest FX advisor's comments on major crosses
- 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:
Daily Trend Trade by FX Trend Trader
Currency Majors Technical Analysis by Mataf.net
Today's Technical Trading Points by Danske Bank A/S
Currencies at a Glance
- EUR/USD
- Moves down toward first support level 1.3846
09/17/2007 07:27 GMT - GBP/USD
- Moves down below first support level 2.0002
09/17/2007 07:05 GMT - USD/CHF
- Moves up above pivot level 1.1884
09/17/2007 07:27 GMT - USD/JPY
- Moves down below pivot level 115.04
09/17/2007 07:28 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
EMU TRADE BALANCE S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Sep 17 | 09:00 | Trade Balance s.a. | €4.0 | €5.2B |
The Word of Majors - EUR/USD: Uptrend intact but momentum slows down. Correction down to 1.3723 possible. by FXstreet.com
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "Is the EUR strength causing any trouble to the export−import relationship? Are France woes fundamented? The reduction of the trade surplus in the EZ may be confirmed in the short term and that should be a cause of worry for the sustained strong EUR policy." − FXstreet.com
Top Market Movers Review
US RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 14 | 12:30 | Retail Sales (MoM) | 0.3% | 0.6% | 0.5% |
| Sep 14 | 12:30 | Retail Sales ex Autos (MoM) | -0.4% | 0.2% | 0.7% |
DATA SNAP: US Aug Retail Sales Up Less Than Expected (Dow Jones)
U.S. retail sales climbed in August, but the mild increase was smaller than expected and driven by auto demand, a troubling sign for consumer spending as the economy weathers adverse credit conditions.
[ Full Story ]- Read the Advanced Retail Sales at Commerce Department
- Forex − Dollar falls after weaker−than−expected US retail sales data UPDATE (Thomson Financial News)
- US August retail sales up 0.3 pct, showing signs of consumer pullback UPDATE (Thomson Financial News)
- CORRECT: US Aug Retail Sales Increase Was Lower Than Forecast (Dow Jones)
Wakeup Call on Forex Markets - Retail Sales bound to disappoint today by Saxo Bank
Trading News Report - How To Trade The US Retail Sales Report by FXCM
Daily Forex Technical Report − Dollar Recovers Mildly ahead of Retail Sales, Sterling Pressured by ActionForex.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 17 | 09:00 | EMU | Trade Balance s.a. (Jul) | €4.0 | €5.2B | |
| 12:30 | US | NY Empire State Manufacturing Index (Sep) | 20.0 | 25.1 | ||
| 23:50 | JP | Tertiary Industry Index (MoM) (Jul) | -0.5% | 0.1% | ||
| Sep 18 | 03:10 | AU | RBA's Governor Glenn Stevens Speaks | |||
| 07:15 | CH | Industrial Production (QoQ) (2Q) | 5.2% | -4.7% | ||
| 07:15 | CH | Industrial Production (YoY) (2Q) | 8.3% | 7.3% | ||
| 08:30 | UK | Consumer Price Index (MoM) (Aug) | 0.4% | -0.6% | ||
| 08:30 | UK | Consumer Price Index (YoY) (Aug) | 1.9% | 1.9% | ||
| 08:30 | UK | Core Consumer Price Index (YoY) (Aug) | 1.8% | 1.7% | ||
| 08:30 | UK | Retail Price Index (MoM) (Aug) | 0.5% | -0.6% | ||