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EUROPEAN Trading Newsletter
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Live Sessions Schedule
Tracking the forex market together / Part I
Expert: Dr.S.Sivaraman
Start: Wed, Sep 19, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
What Moves Currencies? − Post−FOMC Market Action
Expert: Tony Juste
Start: Wed, Sep 19, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Sep 19, 09:00 GMT | Tracking the forex market together / Part I | Dr.S.Sivaraman | WBN | |
| Wed, Sep 19, 10:00 GMT | What Moves Currencies? − Post−FOMC Market Action | Tony Juste | WBN | |
| Wed, Sep 19, 11:00 GMT | FX Instructor Live Trading Room  | Sunil Mangwani | WBN |  |
| Wed, Sep 19, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
Current Session: Europe
EUR/USD
Forex Technical Report − Forex Technical Report EUR/USD by iFOREX.bg
EUR/USD Open 1.3978 High 1.3985 Low 1.3843 Close 1.3867.
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 1.3447.
- Trade Alert: EUR/JPY 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:
Daily Recommended Trades − EUR/USD daily outlook by E−Forex
Daily Majors Technical Analysis − Pro Pipper NZD/JPY Update by Pro Pipper
Currency Majors Technical Analysis by Mataf.net
Currencies at a Glance
- EUR/USD
- Continues to trade around opening price level 1.3981 , above pivot level 1.3933
09/19/2007 07:00 GMT - GBP/USD
- Moves up above opening price level 2.0129 , above pivot level 2.0053
09/19/2007 07:01 GMT - USD/CHF
- Moves down below opening price level 1.1814 , below pivot level 1.1835
09/19/2007 07:01 GMT - USD/JPY
- Continues to trade above pivot level 115.75
09/19/2007 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
UK BANK OF ENGLAND MINUTES
| Date (GMT) | Event | Cons. | Previous | |
| Sep 19 | 08:30 | Bank of England Minutes | - | - |
Forex Weekly Review and Outlook − Dollar Weakness to Extend on Rate Cut Speculations by ActionForex.com
BoE expect inflation to remain close to its 2% target, or a "little below", in the next few months. Regarding the recent credit crunch, BoE noted that it's too soon to tell how the disruption in financial markets will impair the availability of credit to companies and households but will monitor closely the evolution of both "credit spreads" and the "quantities of credit extended". More details will be available in the minutes to be published on Sep 19.
[ Full Story ]Top Market Movers Review
Switzerland ADJUSTED REAL RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 19 | 07:15 | Adjusted Real Retail Sales (YoY) | 3.3% | 5.3% | 1.0% |
Swiss retail sales grow below expectations in July (FXstreet.com)
Swiss retail sales have increased in July although at a pace somewhat slower than expected and considerably slower than the average growth from the first six months of the year, as the latest data by the Swiss statistics office shows.
[ Full Story ]- Swiss July retail sales rise 3.3 pct vs 1.7 pct year−on−year (Thomson Financial News)
- Switzerland Jul Adjusted Real Retail Sales rise 3.3%; 3.1% up in nominal terms (FXstreet.com)
Germany PRODUCER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 19 | 06:00 | Producer Price Index (YoY) | 1.0% | 1.0% | 1.1% |
| Sep 19 | 06:00 | Producer Price Index (MoM) | 0.1% | 0.1% | -0.1% |
DATA SNAP: German Aug PPI +0.1% On Month, +1.0% On Year (Dow Jones)
German producer prices rose in line with expectations in August, with energy prices putting downward pressure on the headline annual index, data from the Central Statistics Office showed Wednesday.
[ Full Story ]- Read the Producer prices August 2007 at German Statistics
- German PPI increases slightly in August on cheaper energy (FXstreet.com)
- German August PPI up 0.1 pct from July, up 1.0 pct year−on year (Thomson Financial News)
Japan BOJ INTEREST RATE DECISION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 19 | 03:00 | BoJ Interest Rate Decision | 0.5% | - | 0.5% |
Bank of Japan votes 8−1 to keep overnight call rate unchanged (Thomson Financial News)
The Bank of Japan said Wednesday it has decided to keep its overnight call rate target unchanged at 0.5 percent for the eighth straight meeting.
[ Full Story ]- Read the Interest Rate Decision report at Bank of Japan
- Bank of Japan keeps economic assessment unchanged in September (Thomson Financial News)
- Yen steady after BoJ decides to keep interest rates on hold − UPDATE (Thomson Financial News)
- Bank of Japan votes 8−1 to keep overnight call rate unchanged − UPDATE (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 19 | 06:00 | DE | Producer Price Index (MoM) (Aug) | 0.1% | 0.1% | -0.1% |
| 06:00 | DE | Producer Price Index (YoY) (Aug) | 1.0% | 1.0% | 1.1% | |
| 06:30 | JP | BoJ's Governor Fukui Speaks | ||||
| 07:15 | CH | Adjusted Real Retail Sales (YoY) (Jul) | 3.3% | 5.3% | 1.0% | |
| 08:30 | UK | Bank of England Minutes | ||||
| 11:00 | CA | Bank of Canada Consumer Price Index Core (MoM) (Aug) | 0.1% | 0.1% | ||
| 11:00 | CA | Bank of Canada Consumer Price Index Core (YoY) (Aug) | 2.2% | 2.3% | ||
| 11:00 | CA | Consumer Price Index (MoM) (Aug) | 0.1% | 0.1% | ||
| 11:00 | CA | Consumer Price Index (YoY) (Aug) | 2.1% | 2.2% | ||
| 12:30 | US | Building Permits (MoM) (Aug) | 1.345M | 1.373M | ||