Monday, Nov 12, 08:32 GMT
EUROPEAN Trading Newsletter
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- The Advisor Blog: At the Open. Excess of Carry.
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Live Sessions Schedule
Asia−Pacific trading Webinar
Expert: Abdul Khan
Start: Mon, Nov 12, 10:00 GMT
Type of Session: Webinar
What Moves Currencies? − Preview of the Week Ahead
Expert: Tony Juste
Start: Mon, Nov 12, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Nov 12, 10:00 GMT | Asia−Pacific trading Webinar  | Abdul Khan | WBN |  |
| Mon, Nov 12, 11:00 GMT | What Moves Currencies? − Preview of the Week Ahead | Tony Juste | WBN | |
| Mon, Nov 12, 12:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Mon, Nov 12, 13:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
Current Session: Europe
EUR/JPY
Daily Forex Technical Report − Massive Carry Trade Unwinding Sends Yen Sharply Higher by ActionForex.com
Japanese yen surges sharply higher as the week starts, following tumbling Asian stock markets on concern of deepening in the credit market crisis. The MSCI Asia−Pacific Index of regional shares fell 3% today, largest drop since Aug. 17. USD/JPY takes out 110 level and reaches a 18−month low of 109.84. Meanwhile EUR/JPY is now back to 160 level.
- 'Carry cows' eager to long again at Tony Juste's blog
- Long−term Forex Perspectives: Our new blog by John Jagerson and S. Wade Hansen
- 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 Market Commentary − Dollar got hit on Friday in a selective fashion by by Global Forex Trading
Daily Technical Analysis − EUR: Inching to another new record high at 1.4753 yet the Euro is looking a little ‘tired' after Friday's ‘doji' by Mizuho Corporate Bank
Forex Technical Report − Forex Technical Report EUR/USD by iFOREX.bg
Currencies at a Glance
- EUR/USD
- Trades below opening price level 1.4674 , below pivot level 1.4686
11/12/2007 08:12 GMT - GBP/USD
- Back around opening price level 2.0846 , below pivot level 2.0981
11/12/2007 08:13 GMT - USD/CHF
- Trades around pivot level 1.1230
11/12/2007 08:13 GMT - USD/JPY
- Back around opening price level 110.43 , below pivot level 111.35
11/12/2007 08:14 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
USD JPY, Hourly
GBP USD, Hourly
Top Market Movers Preview
UK PRODUCER PRICE INDEX − INPUT
| Date (GMT) | Event | Cons. | Previous | |
| Nov 12 | 09:30 | Producer Price Index − Input (MoM) | - | 3.2% |
| Nov 12 | 09:30 | Producer Price Index − Input (YoY) | - | 6.4% |
| Nov 12 | 09:30 | Producer Price Index − Output (YoY) | - | 2.7% |
| Nov 12 | 09:30 | Producer Price Index − Output (MoM) | - | 0.1% |
Forex Technical Report - Forex Technical Report GBP/USD by iFOREX.bg
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "Once more, inflation data should tell us whether the BoE is right or wrong with their 'determination' to fight rising prices, or sot hey say. The outcome of the PPI will be important to determine whether that is an accurate vision or not." − FXstreet.com
Top Market Movers Review
Japan CONSUMER CONFIDENCE HOUSEHOLDS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 12 | 05:00 | Consumer Confidence Households | 42.8 | - | 44.1 |
Japan Govt:Oct Consumer Sentiment Index 42.8 Vs 44.1 In Sep (Dow Jones)
Consumer sentiment in Japan worsened in October for the first time in two months, the government said Monday. The index for the Cabinet Office's consumer confidence survey, which measures consumers' economic outlook for the coming six months, fell to 42.8 in October from 44.1 in September.
[ Full Story ]- Read the Consumer Confidence report at Japan Cabinet Office
- Japan's October consumer confidence slips to fresh three−year low (Thomson Financial News)
- Japan Outlook:CGPI,Current Account,Corp Insolvencies;Isuzu 1H (Dow Jones)
Japan CURRENT ACCOUNT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 11 | 23:50 | Current Account | ¥2242.0B | ¥2689.2B | ¥2081.0B |
Japan Sep Unadjusted Current Account Surplus Up 40.4% On Yr (Dow Jones)
Japan's current account surplus rose for the ninth straight month in September, increasing 40.4% from a year earlier, the Ministry of Finance said Monday.
[ Full Story ]- Read the Current Account report at Japan Ministry of Finance
- Japan current account surplus rises 40.4 pct in September, beats forecast UPDATE (Thomson Financial News)
- Japan Sep Current Account Table Of Data (Dow Jones)
- Japan current account surplus rises 40.4 pct in September, beats forecast (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 11 | 23:50 | JP | Current Account | ¥2242.0B | ¥2689.2B | ¥2081.0B |
| 23:50 | JP | Domestic Corporate Goods Price Index (YoY) | 2.4% | 2.3% | 1.7% | |
| Nov 12 | 05:00 | JP | Consumer Confidence Households | 42.8 | 44.1 | |
| 09:30 | UK | Producer Price Index − Input (MoM) | 3.2% | |||
| 09:30 | UK | Producer Price Index − Input (YoY) | 6.4% | |||
| 09:30 | UK | Producer Price Index − Output (MoM) | 0.1% | |||
| 09:30 | UK | Producer Price Index − Output (YoY) | 2.7% | |||
| 21:45 | NZ | Food Price Index (MoM) | 0.4% | |||
| 23:50 | JP | Gross Domestic Product (QoQ) | -0.2% | |||
| 23:50 | JP | Gross Domestic Product Deflator (YoY) | -0.3% | |||