Friday, Feb 01, 08:35 GMT
EUROPEAN Trading Newsletter
To Get Started
- Webinars VIDEOS: Raghee Horner's Four Step Trading: Forex by Raghee Horner
- Live coverage Transcript: Market reaction to FOMC rate decision by FXstreet.com
- Trendex: Instant Trading Tips from FX Pros right to your desktop
- The Advisor Blog: At the Open.
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Live Sessions Schedule
SPECIAL EVENT: Trade Non−Farm Payrolls LIVE − 21st Edition
Expert: Wayne McDonell
Start: Fri, Feb 1, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Feb 1, 13:00 GMT | SPECIAL EVENT: Trade Non−Farm Payrolls LIVE − 21st Edition | Wayne McDonell | WBN | |
| Mon, Feb 4, 10:00 GMT | FX Instructor Live Trading Room  | Mihai Marinescu | WBN |  |
| Mon, Feb 4, 11:00 GMT | What Moves Currencies? − Preview of the Week Ahead | Tony Juste | WBN |  |
| Mon, Feb 4, 12:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
Current Session: Europe
EUR/USD
Forex Technical Report − Forex Technical Report EUR/USD by iFOREX.bg
EUR/USD Open 1.4866 High 1.4913 Low 1.4772 Close 1.4849
The Euro still remains in the wide range, in which it is trading against the US Dollar from the middle of November, between the absolute top 1.4965 and the bottom from 20 December.
- Commitment of Traders (COT) Indicator − Free Access Day by S. Wade Hansen, 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 Commentary − Waiting for payrolls… by Jyske Bank
Daily Recommended Trades − EUR/USD daily outlook by E−Forex
Currencies at a Glance
- EUR/USD
- Moves up above pivot level 1.4858
02/01/2008 06:20 GMT - GBP/USD
- Moves up towards first resistant level 1.9936
02/01/2008 06:20 GMT - USD/CHF
- Trades around pivot level 1.0810
02/01/2008 06:20 GMT - USD/JPY
- Trades around pivot level 106.34
02/01/2008 06:20 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 ]
Top Market Movers Preview
UK PMI MANUFACTURING
| Date (GMT) | Event | Cons. | Previous | |
| Feb 1 | 09:30 | PMI Manufacturing | 52.5 | 52.9 |
Friday Notes - More to come from Fed; ECB to follow by HVB Group
Smoothing the monthly volatility of the data, the underlying trend in manufacturing PMI remains downwardly oriented and we expect it to remain so over the next several months.
[ Full Story ]Top Market Movers Review
Australia MANUFACTURING PMI
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 31 | 22:30 | Manufacturing PMI | 49.2 | - | 57.6 |
Australian January manufacturing activity index slips below 50 (Thomson Financial News)
The Australian Industry Group−PricewaterhouseCoopers performance of manufacturing index (PMI) eased to a reading of 49.2 points in January from 57.6 in December, showing a contraction in activity in the sector for the first time in two years. A reading below 50 indicates contraction while a reading over 50 indicates expansion.
[ Full Story ]- Read the PMI report at Australian Industry Group
Australian Dollar special report - AUD overlay by FxMax
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jan 31 | 22:30 | AU | Manufacturing PMI (Jan) | 49.2 | 57.6 | |
| Feb 1 | 08:30 | CH | SVME − Purchasing Managers' Index (Jan) | 61.6 | 60.3 | 60.8 |
| 08:55 | DE | PMI Manufacturing (Jan) | 53.6 | 53.6 | ||
| 09:00 | EMU | PMI Manufacturing (Jan) | 52.6 | 52.6 | ||
| 09:30 | UK | PMI Manufacturing (Jan) | 52.5 | 52.9 | ||
| 13:30 | US | Average Hourly Earnings (MoM) (Jan) | 0.3% | 0.4% | ||
| 13:30 | US | Average Hourly Earnings (YoY) (Jan) | 3.9% | 3.7% | ||
| 13:30 | US | Average Weekly Hours (Jan) | 33.8 | 33.8 | ||
| 13:30 | US | Nonfarm Payrolls (Jan) | 55K | 18K | ||
| 13:30 | US | Unemployment Rate (Jan) | 5% | 5% | ||