Tuesday, Sep 18, 07:44 GMT
EUROPEAN Trading Newsletter
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- The Advisor Blog: At the Open. The USD pressure continues.
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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Sep 18, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
What Moves Currencies? − Europeans Watch
Expert: Tony Juste
Start: Tue, Sep 18, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Sep 18, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Sep 18, 10:00 GMT | What Moves Currencies? − Europeans Watch | Tony Juste | WBN | |
| Tue, Sep 18, 11:00 GMT | FX Instructor Live Trading Room | Mihai Marinescu | WBN |  |
| Tue, Sep 18, 12:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
Current Session: Europe
GBP/USD
Currency Majors Technical Analysis − The Pound is in a Downtrend by Mataf.net
1,9892. GBP USD is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD.
- What's going on? by Tony Juste
- New Webinars Video − Access now Educational Sessions Recordings
- 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
Daily Forex and Dow Jones Recommended Levels − Fxtechtrade by FXtechtrade
Currency Performance Report − Asia Session Performance by FXstreet.com
Currencies at a Glance
- EUR/USD
- Moves down below first support level 1.3846
09/18/2007 07:01 GMT - GBP/USD
- Trades above first support level 1.9877
09/18/2007 07:01 GMT - USD/CHF
- Back around pivot level 1.1872
09/18/2007 07:02 GMT - USD/JPY
- Trades below pivot level 115.04
09/18/2007 07:02 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
UK CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Sep 18 | 08:30 | Consumer Price Index (MoM) | 0.4% | -0.6% |
| Sep 18 | 07:15 | Industrial Production (YoY) | 8.3% | 7.3% |
Friday Notes - The US growth motor is not stalling by HVB Group
After the marked slowdown seen in July, we expect the CPI to rise 0.4% m−o−m, keeping inflation stable at 1.9% in August. Core inflation is also likely to remain tame, unchanged at 1.7%.
[ Full Story ]Top Market Movers Review
Switzerland INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 18 | 07:15 | Industrial Production (YoY) | 9.8% | 8.3% | 7.3% |
| Sep 18 | 07:15 | Industrial Production (QoQ) | 6.7% | 5.2% | -4.7% |
Swiss industrial production increases in the second quarter (FXstreet.com)
Industrial production seems to have recovered in Switzerland, posting a 6.7% increase on the quarter and a 9.8% gain since the same period last year, according to the Swiss statistics office.
[ Full Story ]- Swiss Federal Statistical Office homepage
- Switzerland 2Q Industrial Production (QoQ) rises to 6.7%; 9.8% up on the year (FXstreet.com)
Japan TERTIARY INDUSTRY INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 17 | 23:50 | Tertiary Industry Index (MoM) | -0.5% | -0.5% | 0.1% |
Japan July tertiary index down 0.5 pct from June, third fall in 7 months (Thomson Financial News)
Japan's tertiary index, which measures spending in the services sector, dropped 0.5 percent in July from June, the third fall in seven months, the Ministry of Economy, Trade and Industry said Tuesday, citing preliminary data.
[ Full Story ]- Read the Tertiary Industry Index report at Japan Ministry of Economy, Trade and Industry
- Japan Outlook:July Tertiary Index, BOJ Starts 2−Day Meeting (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 17 | 23:50 | JP | Tertiary Industry Index (MoM) (Jul) | -0.5% | -0.5% | 0.1% |
| Sep 18 | 03:10 | AU | RBA's Governor Glenn Stevens Speaks | |||
| 07:15 | CH | Industrial Production (QoQ) (2Q) | 6.7% | 5.2% | -4.7% | |
| 07:15 | CH | Industrial Production (YoY) (2Q) | 9.8% | 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% | ||
| 08:30 | UK | Retail Price Index (YoY) (Aug) | 4.0% | 3.8% | ||
| 09:00 | DE | ZEW Survey − Economic Sentiment (Sep) | -17.0 | -6.9 | ||