Thursday, May 15, 07:16 GMT
EUROPEAN Trading Newsletter
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Live Sessions Schedule
Dynamic Anti−Trend lines − Free Access Day
Expert: Sunil Mangwani
Start: Thu, May 15, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Range Bound and Trending Markets − Free Access Day
Expert: Adam Rosen
Start: Thu, May 15, 12:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Thu, May 15, 10:00 GMT | Dynamic Anti−Trend lines − Free Access Day | Sunil Mangwani | WBN | |
| Thu, May 15, 11:00 GMT | FX Instructor Live Trading Room − Free Access Day | Mark De La Paz | WBN |  |
| Thu, May 15, 12:00 GMT | Range Bound and Trending Markets − Free Access Day | Adam Rosen | WBN |  |
| Thu, May 15, 12:30 GMT | Dan Blystone's Daily Briefing − Free Access Day | Dan Blystone | WBN | |
Current Session: Europe
EUR/USD
Daily Market Commentary − The dollar ended little changed on Wednesday after giving up early gains by Global Forex Trading
Euro/dollar recouped early losses to close flat on Wednesday, but remained in an inside range. My model remains short, but only a close below 1.5394 would encourage the bearish outlook. Immediate support is still seen at 1.5432. Strong support then comes at 1.5394.
- Dan Blystone's Daily Briefing at 12:30 GMT/08:30 EDT
- Using CCI and Stochastics For Long and Short Term Forex Trading by Sam Seiden, Stocks and Commodities Instructor
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Banks' Analysis
Daily Forex Commentary − Rate announcement from Turkey by Jyske Bank
FX' Signal
Recent Recommended Trades by AceTrader
Currencies at a Glance
- EUR/USD
- Moves up above seconds resistant level 1.5541
05/15/2008 06:50 GMT - GBP/USD
- Moves up towards first resistant level 1.9498
05/15/2008 06:51 GMT - USD/CHF
- Moves down below first support level 1.0504
05/15/2008 06:51 GMT - USD/JPY
- Moves down below first support level 104.60
05/15/2008 06:52 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 CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| May 15 | 09:00 | Consumer Price Index (MoM) | 0.3% | 1.0% |
| May 15 | 09:00 | Consumer Price Index − Core (YoY) | - | 2% |
| May 15 | 09:00 | Consumer Price Index (YoY) | 3.3% | 3.5% |
EMU economic indicators - HICP inflation in the euro area will probably be confirmed at 3.3% yoy for April by BHF−Bank
Given the results in the Länder, German consumer price inflation in April is expected to be confirmed at 2.4 % yoy and –0.2 % mom. Final HICP inflation in the eurozone is likely to be confirmed at 3.3 % year−on−year in April, i.e. 0.3 % month−on−month.
[ Full Story ]Top Market Movers Review
Germany CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 15 | 06:00 | Consumer Price Index (MoM) | -0.2% | -0.2% | 0.5% |
| May 15 | 06:00 | Consumer Price Index (YoY) | 2.4% | 2.4% | 3.1% |
German consumer prices index moderates in April (FXstreet.com)
Consumer prices have edged down in Germany April from March, and the year on year growing pace has moderated considerably due to lower prices in holidays, accommodation services, and education, as reported by German Statistics.
[ Full Story ]- Read the CPI data at German Statistics
- German April final CPI down 0.2 pct vs March, up 2.4 pct year−on−year (Thomson Financial News)
- Germany Consumer Price Index decreases 0.2% in Apr; 2.4% up year on year (FXstreet.com)
- DATA SNAP:German Final Apr CPI −0.2% On Month; +2.4% On Year (Dow Jones)
Japan CORE MACHINERY ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 14 | 23:50 | Core Machinery Orders (MoM) | -8.3% | -5.2% | -12.7% |
Japan Mar Core Machinery Orders −8.3% On Month (Dow Jones)
Japanese core machinery orders fell a seasonally adjusted 8.3% in March from a month earlier, government data showed Thursday. The result was worse than forecasts by economists surveyed by Dow Jones and Nikkei that orders would fall 4.9%. In February, orders fell a revised 12.3% after rising 17.3% in January.
[ Full Story ]- Read the Machinery Orders report at Japan Cabinet Office
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| May 15 | 06:00 | DE | Consumer Price Index (MoM) (Apr) | -0.2% | -0.2% | 0.5% |
| 06:00 | DE | Consumer Price Index (YoY) (Apr) | 2.4% | 2.4% | 3.1% | |
| 06:00 | DE | Gross Domestic Product n.s.a (YoY) (1Q)  | 1.8% | 1.4% | 1.6% | |
| 06:00 | DE | Gross Domestic Product w.d.a (YoY) (1Q) | 2.6% | 1.8% | 1.8% | |
| 08:00 | EMU | ECB Publishes Monthly Report | ||||
| 09:00 | EMU | Consumer Price Index − Core (YoY) (Apr) | 2% | |||
| 09:00 | EMU | Consumer Price Index (MoM) (Apr) | 0.3% | 1.0% | ||
| 09:00 | EMU | Consumer Price Index (YoY) (Apr) | 3.3% | 3.5% | ||
| 09:00 | EMU | Gross Domestic Product s.a. (QoQ) (1Q) | 0.5% | 0.4% | ||
| 09:00 | EMU | Gross Domestic Product s.a. (YoY) (1Q) | 1.9% | 2.2% | ||