Thursday, Mar 27, 08:40 GMT
EUROPEAN Trading Newsletter
To Get Started
- Webinar Videos: Day Trading Series - Chapter IV: Developing a Profitable Trading Strategy (Part 2) by Markus Heitkoetter
- FX Trader of the Year 2008 − 3rd week ranking
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Live Sessions Schedule
Watch Live Coverage of the US GDP
Expert: Jerry Furst
Start: Thu, Mar 27, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
Level of Sentiment in the FX Market
Expert: Boris Schlossberg
Start: Thu, Mar 27, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Mar 27, 09:00 GMT | Tracking the forex market together / Part I  | Dr.S.Sivaraman | WBN |  |
| Thu, Mar 27, 11:30 GMT | Watch Live Coverage of the US GDP | Jerry Furst | WBN | |
| Thu, Mar 27, 13:00 GMT | Level of Sentiment in the FX Market | Boris Schlossberg | WBN | |
| Thu, Mar 27, 13:30 GMT | Weekly Technical Briefing | Dan Blystone | WBN | |
Current Session: Europe
EUR/USD
Daily Forex Commentary USD Fell Once Again by Jyske Bank
The President of the ECB, Jean Claude Trichet, spoke to the European Parliament yesterday. Lately, members of governing council in the ECB have been quite hawkish indication that the market should not anticipate rate cuts in the near−term. At his speech yesterday, he did not change the rhetoric and said among other things that "wage deals may be higher than expected", that "strong CPI pressure mainly due to food and energy", and that the "crucial policy stance based on price stability alone" indicating that rate cuts are now around the corner.
- Understanding The Exact Process Behind The Movement In Price by Sam Seiden
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Other Topics for this Session:
Daily Forex Technical Report − EUR/USD Heading to 1.6? by ActionForex.com
Today's Technical Trading Points by Danske Bank A/S
Daily Market Commentary The dollar encountered the choppy trading by Global Forex Trading
Currency Performance
Currency Performance Report − US Session Performance by FXstreet.com
FX Analysts' Comments
FOREX Training Video | New York Session March 25, 2008 by Wayne McDonell, FxBootcamp.com
FX' Signal
Recent Recommended Trades by AceTrader
Currencies at a Glance
- EUR/USD
- Moves down below pivot level 1.5761
03/27/2008 08:10 GMT - GBP/USD
- Trades around opening price level 2.0074 , above pivot level 2.0036
03/27/2008 08:10 GMT - USD/CHF
- Moves up above pivot level 0.9961
03/27/2008 08:10 GMT - USD/JPY
- Moves up above pivot level 99.39
03/27/2008 08:11 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
US GROSS DOMESTIC PRODUCT ANNUALIZED
| Date (GMT) | Event | Cons. | Previous | |
| Mar 27 | 12:30 | Gross Domestic Product Annualized | 0.6% | 4.9% |
US economic indicators - Consumer confidence indicators are likely to deteriorate further in March by BHF−Bank
We forecast that the final estimate for Q4 GDP will confirm the growth rate at 0.6% qoq. For the whole of 2007, the increase in real GDP slowed from 2.9% to 2.2% yoy, and given the current elevated recession risk, the average growth rate is likely to fall to below 1% this year.
[ Full Story ]- Special Webinar: Watch Live Coverage of the US GDP with Jerry Furst
- Forex − Dollar steady in afternoon trade ahead of US GDP, other economic data (Thomson Financial News)
Top Market Movers Review
Germany GFK CONSUMER CONFIDENCE SURVEY
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 27 | 07:10 | Gfk Consumer Confidence Survey | 4.6 | 4.4 | 4.5 |
UPDATE: German Consumer Sentiment Improves,But Still Fragile (Dow Jones)
German consumer sentiment is set to beat expectations in April but inflation will likely curtail private consumption growth this year, market research group GfK said Thursday.
[ Full Story ]- Read the report: GfK revises expected consumption in Germany to 1% at Gfk
- Germany's GfK sees April consumer climate index at 4.6 vs 4.5 in March UPDATE (Thomson Financial News)
- German GFK consumer confidence rise slightly in April (FXstreet.com)
- Germany's GfK sees April consumer climate index at 4.6 points vs 4.5 in March (Thomson Financial News)
EMU economic indicators - German retail sales probably have increased again in February by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Mar 26 | 21:45 | NZ | Current Account (4Q) | -3.400B | -5.174 | |
| 21:45 | NZ | Trade Balance (Feb) | 0.258B | 180.000 | -0.320B | |
| 23:00 | AU | Conference Board Australia Leading Index (Jan) | -0.3% | 0.2% | ||
| Mar 27 | 07:10 | DE | Gfk Consumer Confidence Survey (Apr) | 4.6 | 4.4 | 4.5 |
| 09:30 | UK | BBA Mortgage Approvals (Feb) | 44.3K | |||
| 09:30 | UK | Total Business Investment (QoQ) (4Q) | -0.5% | 2.0% | ||
| 09:30 | UK | Total Business Investment (YoY) (4Q) | 1.7% | 6.6% | ||
| 11:00 | UK | CBI Distributive Trades Survey − Realized (MoM) (Mar) | -3 | |||
| 12:30 | US | Continuing Jobless Claims (Mar 15) | 2900K | 2865K | ||
| 12:30 | US | Gross Domestic Product Annualized (4Q) | 0.6% | 4.9% | ||