FXstreet.com Logo
Friday, Nov 30, 08:13 GMT

EUROPEAN Trading Newsletter

To Get Started


Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.

Top Education Selection

Featured FXstreet.com Tool

Webinar Videos

FXstreet.com is very proud to present his webinars recordings! You can now watch videos of some of our educational webinars which are held every week in our LIVE section. These videos can be found on the Live "Transcripts" page and new ones will be added several times a week so stay tuned! Last entries are webinars with Adam Rosen, Mihai Marinescu or Rob Booker.

[ Full Story ]

Educational presentations of the ITC Speakers:

Download some of the speeches of the International Traders Conference 2007 by FXstreet.com

Live Sessions Schedule

Tony JusteWhat Moves Currencies? − Weekly Wrap−Up
Expert: Tony Juste
Start: Fri, Nov 30, 11:00 GMT
Sponsored by: FXstreet.com
Type of Session: Webinar


Ed PonsiUS Pre−Market Open
Expert: Ed Ponsi
Start: Fri, Nov 30, 13:00 GMT

Type of Session: Webinar


Sponsored by
Fri, Nov 30, 11:00 GMTWhat Moves Currencies? − Weekly Wrap−UpTony JusteWBNSponsored by FXstreet.com
Fri, Nov 30, 13:00 GMTUS Pre−Market Open Ed PonsiWBNSponsored by
Fri, Nov 30, 14:30 GMTUS Session Open Ed PonsiWBNSponsored by
Fri, Nov 30, 15:00 GMTLive TradingTony JusteWBNSponsored by
[ View All ]

Current Session: Europe

EUR/USD

Daily Technical Analysis − EUR: Consolidating below 1.4850 by Mizuho Corporate Bank

Consolidating below 1.4850. Intra−day moves are likely to be sharp and sudden therefore at−the−money implied volatility is likely to remain high. For today we favour a downside test, probably to a new recent low, then stabilising again.

[ Full Story ]

Other Topics for this Session:

EUR/USD Daily Outlook − EUR/USD Daily Outlook by AceTrader

Daily Forex Technical Report − Dollar Steady after Bernanke Signaled Rate Cut by ActionForex.com

Daily Forex Commentary − Another line of Fed speakers today by Jyske Bank

Currencies at a Glance

EUR/USD
Continues to trade around opening price level 1.4743 , below pivot level 1.4769
11/30/2007 08:07 GMT
GBP/USD
Continues to trade around opening price level 2.0615 , below pivot level 2.0676
11/30/2007 08:07 GMT
USD/CHF
Moves up toward first resistant level 1.1223
11/30/2007 08:07 GMT
USD/JPY
Trades around first resistant level 110.34
11/30/2007 08:07 GMT

Analyst Sentiment Index (ASI)

Analysts Sentiment Index - EUR/USD


EUR

**Source : ActionForex.comAspen Trading GroupCMS ForexDanske Bank A/SFXstreet.comGlobal Forex TradingMizuho Corporate Bank

[ View ASI page ] [ View EUR/USD page ]

Charting the Market Movers

USD JPY, Hourly


USD/JPY

GBP USD, Hourly


GBP/USD

Top Market Movers Preview

EMU GROSS DOMESTIC PRODUCT S.A.

Date (GMT)EventCons.Previous
Nov 3010:00Gross Domestic Product s.a. (QoQ)0.7%0.7%
Nov 3010:00Gross Domestic Product s.a. (YoY)-2.6%

EMU economic indicators - CPI inflation in Germany is likely to have accelerated to 2.8 % yoy in November by BHF−Bank

On Friday, Eurostat will publish details of EMU GDP in Q3. The growth rates of the preliminary estimate are likely to be confirmed: 0.7% qoq and 2.6% yoy. In comparison to Q2, consumption and construction investment are likely to have made positive contributions to growth.

[ Full Story ]

Top Market Movers Review

Germany RETAIL SALES

Date (GMT)EventActualCons.Previous
Nov 3007:00Retail Sales (MoM)-3.3%-0.4%1.2%
Nov 3007:00Retail Sales (YoY)-0.6%0.1%-2.7%

German Oct retail sales down 3.3 pct vs Sept, down 0.6 pct yr−on−yr (Thomson Financial News)

German retail sales declined 3.3 pct in real terms in October compared with September and fell 0.6 pct from October last year, according to preliminary figures from the Federal Statistics Office.

[ Full Story ]

EMU economic indicators - CPI inflation in Germany is likely to have accelerated to 2.8 % yoy in November by BHF−Bank

Japan HOUSING STARTS

Date (GMT)EventActualCons.Previous
Nov 3005:00Housing Starts (YoY)-35.0%-36.7%-44.0%

Japan Oct Housing Starts Down 35% On Year (Dow Jones)

Japan's housing starts fell 35% in October from a year earlier to 76,920 units, marking the fourth straight month of double−digit declines, the Ministry of Land, Infrastructure and Transport said Friday.

[ Full Story ]

Japan NATIONAL CPI EX−FRESH FOOD

Date (GMT)EventActualCons.Previous
Nov 2923:30National Consumer Price Index (YoY)0.3%0.1%-0.2%
Nov 2923:30National CPI Ex−Fresh Food (YoY)0.1%0.0%-0.1%
Nov 2923:30Tokyo CPI ex Fresh Food (YoY)0.1%0.1%0.0%
Nov 2923:30Tokyo Consumer Price Index (YoY)0.3%0.3%0.1%

DATA SNAP: Japan Oct Core CPI +0.1% On Yr; Mkt Expected Unch (Dow Jones)

Japan's nationwide core consumer price index rose 0.1% in October from a year earlier, the Ministry of Internal Affairs and Communications said Friday, marking the first rise in 10 months.

[ Full Story ]

Overnight Briefing: Far East Timezone - Positive CPI from Japan by Jyske Bank

Economic Events

Date (GMT)CountryEventActualCons.Previous
Nov 3006:45CH Consumer Price Index (MoM) (Nov) 0.5%0.2%0.9%
06:45CH Gross Domestic Product s.a. (QoQ) (3Q) 0.8%0.7%0.8%
07:00DE Retail Sales (MoM) (Oct) -3.3%-0.4%1.2%
07:00DE Retail Sales (YoY) (Oct) -0.6%0.1%-2.7%
10:00EMUConsumer Confidence (Nov) -6-6
10:00EMUConsumer Price Index Estimate (YoY) (Nov) 2.7%2.6%
10:00EMUGross Domestic Product s.a. (QoQ) (3Q) 0.7%0.7%
10:00EMUGross Domestic Product s.a. (YoY) (3Q) 2.6%
10:30UK Gfk Consumer Confidence (Nov) -9-8
13:30US Core Personal Consumption Expenditure (MoM) (Oct) 0.2%0.2%
[ View All ]
Past Issues  ·   Subscribe to other newsletters  ·   Unsubscribe
Before printing please ensure that it is absolutely necessary. Remember the environment is for all of us!
Valid XHTML 1.0 StrictFXstreet.com Newsletter does not constitute a solicitation for the purpose of buying or selling in the foreign exchange market. Although the information contained in FXstreet.com Newsletter comes from trusted sources, FXstreet.com is not responsible for guaranteeing the accuracy, timeliness, completeness or fitness of such sources. © 2007 \"FXstreet.com. The Forex Market\" All Rights Reserved.Click here to unsubscribe