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EUROPEAN Trading Newsletter
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The Brokers (re) Evolution: NFA Regulation
Sep 26, 14:45 GMTThe CEOs' Reply: GFT and FXCM answer to the Second Open Letter sent by FXstreet.com's CEO Francesc Riverola
The new NFA standards will not only affect the brokers but the whole industry and could even produce a big shake out in the retail FX industry.
Live Sessions Schedule
What moves currencies? − GDP Impact
Expert: Tony Juste
Start: Thu, Sep 27, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Watch Live Coverage of the US GDP
Expert: Jerry Furst
Start: Thu, Sep 27, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Sep 27, 10:00 GMT | What moves currencies? − GDP Impact | Tony Juste | WBN | |
| Thu, Sep 27, 11:30 GMT | Watch Live Coverage of the US GDP | Jerry Furst | WBN | |
| Thu, Sep 27, 13:00 GMT | Equity Markets and the Forex Market  | S. Wade Hansen | WBN |  |
| Thu, Sep 27, 13:30 GMT | Weekly Technical Briefing | Dan Blystone | WBN | |
Current Session: Europe
EUR/USD
Forex Technical Report − EUR/USD 1.4148 − 27 September by iFOREX.bg
EUR/USD Open 1.4131 High 1.4155 Low 1.4062 Close 1.4138.
In August the Euro made a correction, after which the upward trend renewed. In force remains the middle term upward channel with bottom limit 1.3447 and upper limit 1.4375.
- USD mixed after Data; GBP leading the way 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
Currency Majors Technical Analysis by Mataf.net
Daily Forex and Dow Jones Recommended Levels − Fxtechtrade by FXtechtrade
Currencies at a Glance
- EUR/USD
- Continues to move up above first resistant level 1.4156
09/27/2007 07:01 GMT - GBP/USD
- Continues to move up above first resistant level 2.0216
09/27/2007 07:01 GMT - USD/CHF
- Continues to trade around pivot level 1.1688
09/27/2007 07:01 GMT - USD/JPY
- Moves up above opening price level 115.51 , above pivot level 115.27
09/27/2007 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
Germany UNEMPLOYMENT RATE S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Sep 27 | 07:55 | Unemployment Rate s.a. | 8.9% | 9.0% |
EMU economic indicators - German adjusted unemployment could have fallen by about 20k in September by BHF−Bank
We expect unadjusted German unemployment to have fallen markedly by about 125k in September, as the summer holidays are over in all Länder. Adjusted unemployment will probably have continued to decline by about 20k, but this would be only half the average of the first eight months.
[ Full Story ]Top Market Movers Review
UK NATIONWIDE HOUSING PRICES N.S.A
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 27 | 06:00 | Nationwide Housing Prices n.s.a (YoY) | 9.0% | 8.7% | 9.6% |
| Sep 27 | 06:00 | Nationwide Housing Prices s.a (MoM) | 0.7% | 0.3% | 0.6% |
DATA SNAP: UK Nationwide Sep House Prices +0.7% MM, +9.0% YY (Dow Jones)
U.K. house prices continued to grow during September despite the recent turmoil in global credit markets which is threatening to destabilize the U.K.'s mortgage market, the Nationwide Building Society said Thursday.
[ Full Story ]- Readt the House Prices Index at Nationwide
- UK house prices continue growing in September; 0.7% on the month 9.0% on the year (FXstreet.com)
- UK Sept house prices rise; effects of credit crunch yet to be felt − Nationwide (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 27 | 03:00 | NZ | Business Confidence (Aug) | -26.5 | -33.8 | |
| 06:00 | UK | Nationwide Housing Prices n.s.a (YoY) (Sep) | 9.0% | 8.7% | 9.6% | |
| 06:00 | UK | Nationwide Housing Prices s.a (MoM) (Sep) | 0.7% | 0.3% | 0.6% | |
| 07:55 | DE | Unemployment Rate s.a. (Aug) | 8.9% | 9.0% | ||
| 08:00 | EMU | M3 (YoY) (Aug) | 11.7% | 11.7% | ||
| 10:00 | UK | CBI Distributive Trades Report | 1 | |||
| 10:00 | UK | CBI Distributive Trades Survey − Realized (Sep) | 15 | |||
| 12:30 | US | Gross Domestic Product Annualized (2Q) | 3.9% | 4.0% | ||
| 14:00 | US | New Home Sales (Aug) | 830K | 870K | ||
| 14:00 | US | New Home Sales (MoM) (Aug) | -4.6% | 2.8% | ||