Thursday, Nov 15, 08:36 GMT
EUROPEAN Trading Newsletter
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Live Sessions Schedule
Asia−Pacific trading Webinar − Free Access Day
Expert: Abdul Khan
Start: Thu, Nov 15, 10:00 GMT
Type of Session: Webinar
What moves currencies? − The Global Picture − Free Access Day
Expert: Tony Juste
Start: Thu, Nov 15, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Nov 15, 10:00 GMT | Asia−Pacific trading Webinar − Free Access Day | Abdul Khan | WBN |  |
| Thu, Nov 15, 11:00 GMT | What moves currencies? − The Global Picture − Free Access Day | Tony Juste | WBN | |
| Thu, Nov 15, 13:00 GMT | US Pre−Market Open − Free Access Day | Ed Ponsi | WBN | |
| Thu, Nov 15, 14:30 GMT | Weekly Technical Briefing − Free Access Day | Dan Blystone | WBN | |
Current Session: Europe
EUR/USD
Daily Market Commentary − The dollar slipped against the euro and franc but rallied versus the pound and the yen by Global Forex Trading
Euro/dollar challenged its record high before giving up some of the gains. After another recovery today the selloff should resume as the pair is overbought. Immediate resistance is at 1.4751. Above it, resistance is seen at 1.4835. Initial support is at 1.4590. This is followed by 1.4520 and 1.4470. Below 1.4415, euro/dollar has distant support comes at 1.4290.
- Extreme OB/OS levels at this hour 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 Forex Technical Report − Focus Turns to Headline CPI (& Core) after Fed Overhauls Forecast by ActionForex.com
Daily Forex Commentary − Risk is still Interesting by Jyske Bank
Forex Technical Analysis − EUR/USD: (1.4675) Drop from 1.4753 retested broken inverted channel top off 1.4015 by KBC Bank
Currencies at a Glance
- EUR/USD
- Moves down back toward pivot level 1.4659
11/15/2007 08:15 GMT - GBP/USD
- Moves down back toward opening price level 2.0516 , below pivot level 2.0623
11/15/2007 08:15 GMT - USD/CHF
- Moves up above pivot level 1.1230
11/15/2007 08:16 GMT - USD/JPY
- Moves up above pivot level 111.27
11/15/2007 08:16 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, Aspen Trading Group, 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
EMU CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Nov 15 | 10:00 | Consumer Price Index (MoM) | 0.5% | 0.4% |
| Nov 15 | 10:00 | Consumer Price Index − Core (YoY) | 1.9% | 1.8% |
| Nov 15 | 10:00 | Consumer Price Index (YoY) | 2.6% | 2.1% |
EMU economic indicators - EMU GDP gained momentum in Q3 by BHF−Bank
HICP inflation in the euro area is likely to be confirmed at 2.6% yoy for October
[ Full Story ]Top Market Movers Review
Germany CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 15 | 07:00 | Consumer Price Index (MoM) | 0.2% | - | 0.1% |
| Nov 15 | 07:00 | Consumer Price Index (YoY) | 2.4% | - | 2.4% |
DATA SNAP: German Final Oct CPI +0.2% MM, +2.4% YY (Dow Jones)
Germany's index of consumer goods prices for October advanced 0.2% on the month and 2.4% on the year, as expected, final data released by the federal statistics offices showed Thursday.
[ Full Story ]- Read the Consumer prices in October 2007 at German Statistics
- German CPI increases 2.4% on the year in October (FXstreet.com)
- German Oct final CPI up 0.2 pct vs Sept, up 2.4 pct yr−on−yr (Thomson Financial News)
Japan TERTIARY INDUSTRY INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 14 | 23:50 | Tertiary Industry Index (MoM) | -1.6% | -1.0% | 1.3% |
Japan METI: Sep Tertiary Indus Activity −1.6% On Month (Dow Jones)
Japanese service sector activity fell a seasonally adjusted 1.6% on month in September, falling for the first time in two months, the government said Thursday. The Ministry of Economy, Trade and Industry said the index stood at 109.4 in September, following a revised 1.2% rise to 111.2 in August.
[ Full Story ]- Read the Tertiary Industry Index report at Japan Ministry of Economy, Trade and Industry
- Japan Sept tertiary index down 1.6 pct from Aug on weak clothing sales − UPDATE (Thomson Financial News)
- Japan September tertiary index down 1.6 pct from August on weak clothing sales (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 15 | 04:00 | JP | Tokyo Condominium Sales (YoY) (Oct) | -9.1% | -19.8% | |
| 05:00 | EMU | ECB's Starke speaks | ||||
| 07:00 | DE | Consumer Price Index (MoM) (Oct) | 0.2% | 0.1% | ||
| 07:00 | DE | Consumer Price Index (YoY) (Oct) | 2.4% | 2.4% | ||
| 09:00 | EMU | ECB Publishes Monthly Report (Nov) | ||||
| 09:30 | UK | Retail Sales (MoM) (Oct) | 0.1% | 0.6% | ||
| 09:30 | UK | Retail Sales (YoY) (Oct) | 4.8% | 6.3% | ||
| 10:00 | EMU | Consumer Price Index − Core (YoY) (Oct) | 1.9% | 1.8% | ||
| 10:00 | EMU | Consumer Price Index (MoM) (Oct) | 0.5% | 0.4% | ||
| 10:00 | EMU | Consumer Price Index (YoY) (Oct) | 2.6% | 2.1% | ||