Monday, Jan 28, 08:27 GMT
EUROPEAN Trading Newsletter
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Live Sessions Schedule
What Moves Currencies? − Preview of the Week Ahead
Expert: Tony Juste
Start: Mon, Jan 28, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Jan 28, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Jan 28, 11:00 GMT | What Moves Currencies? − Preview of the Week Ahead | Tony Juste | WBN | |
| Mon, Jan 28, 13:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Mon, Jan 28, 14:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Mon, Jan 28, 15:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
Current Session: Europe
EUR/USD
Daily Technical Analysis − EUR: Consolidating in the middle of the large ‘triangle' consolidation pattern by Mizuho Corporate Bank
Comment: Consolidating in the middle of the large ‘triangle' consolidation pattern. Expect more random moves roughly between 1.4600 and 1.4800 again today.
Strategy: Buy at 1.4675, adding to 1.4600; stop below 1.4550. Add to longs on a sustained break above 1.4800 for 1.4850 and then 1.4900
- Webinars Video − Strategies for Long Term Profits in the Forex by by John Jagerson, Founder Profiting With Forex
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Daily Forex Technical Report − Yen Comes Back on Risk Aversion by ActionForex.com
Daily Recommended Trades − EUR/USD daily outlook by E−Forex
Currencies at a Glance
- EUR/USD
- Continues to trade around opening price level 1.4679 , below pivot level 1.4707
01/28/2008 08:03 GMT - GBP/USD
- Back around pivot level 1.9805
01/28/2008 08:04 GMT - USD/CHF
- Trades around pivot level 1.0939
01/28/2008 08:05 GMT - USD/JPY
- Moves up back above first support level 106.34
01/28/2008 08:07 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
EMU M3
| Date (GMT) | Event | Cons. | Previous | |
| Jan 28 | 09:00 | M3 (YoY) | - | 12.3% |
EMU economic indicators - M3 growth probably accelerated to 12.3% yoy in November by BHF−Bank
M3 growth in the euro area probably remained strong in December. In general, the yield curve has been flat or even inverted, thus offering little incentive for longer term investments. In December, banks were especially eager to attract funds to strengthen liquidity at year−end.
[ Full Story ]Top Market Movers Review
Japan CORPORATE SERVICE PRICE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 27 | 23:50 | Corporate Service Price (YoY) | 1.4% | - | 1.4% |
Japan Dec Corp Svc Prices Flat On Mo, +1.4% On Yr (Dow Jones)
The Bank of Japan's corporate service price index for December was 94.8, unchanged from November and up 1.4% from a year earlier, the central bank said Monday. This marked the 17th straight month of on−year growth for the CSPI and was in line with expectations by economists. The pace of on−year rise for December matched a 1.4% increase for November.
[ Full Story ]- Read the Corporate Service Price Index report Bank of Japan
- Japan December Corporate Service Prices Table (Dow Jones)
- Japan December corporate services price index up 1.4 percent (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jan 27 | 23:50 | JP | Corporate Service Price (YoY) (Dec) | 1.4% | 1.4% | |
| Jan 28 | 09:00 | EMU | M3 (YoY) | 12.3% | ||
| 15:00 | US | New Home Sales (Dec) | 647K | |||
| 15:00 | US | New Home Sales (MoM) (Dec) | -9% | |||
| 23:00 | JP | Overall Household Spending (YoY) | -0.6% | |||
| 23:30 | JP | Jobless Rate (Dec) | 3.8% | |||
| 23:50 | JP | Large Retailer's Sales (Dec) | 1.6% | |||
| 23:50 | JP | Retail Trade (YoY) (Dec) | 1.6% | |||
| 23:50 | JP | Retail Trade s.a (MoM) (Dec) | 0.3% | |||
| Jan 29 | 00:30 | AU | National Australia Bank's Business Conditions | 15 | ||