Tuesday, Oct 02, 07:35 GMT
EUROPEAN Trading Newsletter
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The Brokers (re) Evolution: NFA Regulation
Sep 29, 13:05 GMTCFTC approves approves changes requested by the NFA by FXstreet.com
NFA has received notice that the Commodity Futures Trading Commission has approved changes to NFA Financial Requirements Section 11 and the Interpretive Notice entitled "Forex Transactions." The amendments increase the minimum net capital requirement for Forex Dealer Members (FDMs) to $5,000,000.
Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Oct 2, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
What Moves Currencies? − A Look at the EUR Crosses
Expert: Tony Juste
Start: Tue, Oct 2, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Oct 2, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Oct 2, 10:00 GMT | What Moves Currencies? − A Look at the EUR Crosses | Tony Juste | WBN | |
| Tue, Oct 2, 11:00 GMT | FX Instructor Live Trading Room | Mihai Marinescu | WBN |  |
| Tue, Oct 2, 12:00 GMT | USD benign neglect: If and When the Central banks will react to USD weakness  | Don Wilcox | WBN |  |
Current Session: Europe
EUR/USD
Forex Technical Analysis − EUR/USD:(1.4224) New historic high above channel off 1.3358 by KBC Bank
New historic high above channel off 1.3358 (see graph) and above daily Long Term daily channel top off 2005 low (1.4036 today).
Now toying back with daily channel top off 1.3358 (1.4230 today).
- Only the crosses seem to be on the move... at Tony Juste's blog
- 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 Technical Analysis − Consolidating under a new all−time high at 1.4283 and likely to hold below here today by Mizuho Corporate Bank
Daily Forex Technical Report − Dollar Continues to Recover as Markets Turned into Consolidation by ActionForex.com
Currencies at a Glance
- EUR/USD
- Moves down toward second support level 1.4170
10/02/2007 07:04 GMT - GBP/USD
- Moves down below first support level 2.0375
10/02/2007 07:05 GMT - USD/CHF
- Continues to move up toward first resistant level 1.1727
10/02/2007 07:05 GMT - USD/JPY
- Trades around pivot level 115.49
10/02/2007 07:06 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 UNEMPLOYMENT RATE
| Date (GMT) | Event | Cons. | Previous | |
| Oct 2 | 09:00 | Unemployment Rate | 6.9% | 6.9% |
Friday Notes - Ailing USD hurts sentiment by HVB Group
We expect the eurozone unemployment rate to confirm the July reading, remaining stable at its historical low. Our employment indicator keeps suggesting strong growth in the third quarter, hinting at a persistently tight labor market.
[ Full Story ]Top Market Movers Review
Switzerland CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 2 | 05:45 | Consumer Price Index (MoM) | 0.1% | 0.2% | -0.1% |
| Oct 2 | 05:45 | Consumer Price Index (YoY) | 0.7% | 0.8% | 0.4% |
Swiss CPI edges up in September (FXstreet.com)
Consumer prices have increased slightly in Switzerland pushed by higher prices in energy food and beverages, according to the Swiss statistics office. Swiss CPI has risen 0.1% on the month and 0.7% since September 2006, with education posting the highest increase; 1% on the month.
[ Full Story ]- Consumer Prices Index − September by the Swiss Statistics Office
- Swiss Sept CPI up 0.7 pct yr−on−yr, in−line with forecasts (Thomson Financial News)
Japan MONETARY BASE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 1 | 23:50 | Monetary Base (YoY) | 0.7% | 0.2% | 1.0% |
Japan Sept monetary base up 0.7 percent yr−on−yr, 2nd straight monthly rise (Thomson Financial News)
Japan's monetary base rose 0.7 percent in September from a year earlier to 87.573 trillion yen, the second straight monthly rise, preliminary data from the Bank of Japan showed Tuesday.
[ Full Story ]- Read the Monetary Base report at Bank of Japan
- Japan Outlook: Sep Monetary Base, Oct Money Market (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 1 | 23:50 | JP | Monetary Base (YoY) | 0.7% | 0.2% | 1.0% |
| Oct 2 | 05:45 | CH | Consumer Price Index (MoM) (Sep) | 0.1% | 0.2% | -0.1% |
| 05:45 | CH | Consumer Price Index (YoY) (Sep) | 0.7% | 0.8% | 0.4% | |
| 09:00 | EMU | Producer Price Index (MoM) (Aug) | 0.3% | |||
| 09:00 | EMU | Producer Price Index (YoY) (Aug) | 1.8% | 1.8% | ||
| 09:00 | EMU | Unemployment Rate (Aug) | 6.9% | 6.9% | ||
| 14:00 | US | Pending Home Sales (MoM) (Aug) | -2.0% | -12.2% | ||
| 23:01 | UK | Nationwide Consumer Confidence (Sep) | 90 | 94 | ||
| 23:30 | AU | RBA Interest Rate Decision | 6.5% | 6.5% | ||
| Oct 3 | 01:30 | AU | Retail Sales (MoM) (Aug) | 0.3% | 0.9% | |