Monday, Jun 02, 07:47 GMT
EUROPEAN Trading Newsletter
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Live Sessions Schedule
Understand & Use Fibonacci Ratio's Effectively
Expert: Sunil Mangwani
Start: Mon, Jun 2, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Dan Blystone's Daily Briefing
Expert: Dan Blystone
Start: Mon, Jun 2, 12:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Jun 2, 10:00 GMT | Understand & Use Fibonacci Ratio's Effectively | Sunil Mangwani | WBN | |
| Mon, Jun 2, 12:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Mon, Jun 2, 12:30 GMT | Dan Blystone's Daily Briefing | Dan Blystone | WBN | |
| Mon, Jun 2, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: Europe
EUR/CHF
Recommended Trades − EURUSD, AUDUSD and EURCHF daily outlook − Monday 06.02.2008 by E−Forex
The failed attempt to break the 1.6300 mark on Friday favored the decline to 1.6210 and a break below 1.6200 may bring the previous lows at 1.6130 on focus. Bearish momentum on both intra−day and daily studies encourage the current resume of Friday's fall. Current quote is 1.6193.
- Dan Blystone's Daily Briefing
- Trading with Bollinger Bands and the ATR 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
Weekly Analysis
Weekly Market Commentary − Extremely tight money markets have dragged Treasury yields to their highest levels this year by Mizuho Corporate Bank
Currency Performance
Currency Performance Report − Asia Session Performance by FXstreet.com
Currencies at a Glance
- EUR/USD
- Moves down below pivot level 1.5528
06/02/2008 06:56 GMT - GBP/USD
- Moves down towards second support level 1.9636
06/02/2008 06:57 GMT - USD/CHF
- Trades below pivot level 1.0452
06/02/2008 06:57 GMT - USD/JPY
- Trades below pivot level 105.47
06/02/2008 06:58 GMT
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 PMI MANUFACTURING
| Date (GMT) | Event | Cons. | Previous | |
| Jun 2 | 08:00 | PMI Manufacturing | - | 50.7 |
| Jun 2 | 07:55 | PMI Manufacturing | - | 53.6 |
Daily Recommended Trades - EURUSD, AUDUSD and EURCHF daily outlook − Monday 06.02.2008 by E−Forex
Short term sentiment remains mixed although the Euro has found support on the 61.8% retracement of the 1.5285−1.5820 move at 1.5490. While below 1.5615, there are chances of a re−test of the downside support zone at 1.5490 then lower at 1.5430−50.
[ Full Story ]Top Market Movers Review
Switzerland GROSS DOMESTIC PRODUCT S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 2 | 05:45 | Gross Domestic Product s.a. (QoQ) | 0.3% | - | 1.0% |
| Jun 2 | 05:45 | Gross Domestic Product (YoY) | 3% | - | 3% |
Swiss Q1 GDP up 3 pct year−on−year, up 0.3 percent from Q4 (Thomson Financial News)
Swiss GDP rose a real 3 percent in the first quarter compared to the year earlier period, and was up 0.3 percent quarter−on−quarter, the Swiss state secretariat for economic affairs (SECO) said.
[ Full Story ]- Read the GDP data at State Secretariat for Economic Affairs SECO
- Swiss GDP grew 3.0% on the year in the 1Q (FXstreet.com)
- Switzerland Gross Domestic Product s.a. rises 0.3% in 1Q; 3.0% up on the year (FXstreet.com)
Australia RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 2 | 01:30 | Retail Sales (MoM) | -0.2% | - | 0.5% |
DATA SNAP:Australian Apr Retail Sales Fall 0.2% Vs Mar (Dow Jones)
Australian retail sales fell 0.2% to a seasonally adjusted A$20.07 billion in April from A$20.10 billion in March and rose from A$19.17 billion a year earlier, the Australian Bureau of Statistics said Monday. Economists surveyed ahead of the announcement on average had expected a 0.2% rise in sales for April. Sales had risen 0.2% in March on month.
[ Full Story ]- Read the Retail Sales report at Australian Bureau of Statistics
- Australian retail sales unexpectedly fall in April (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 2 | 05:45 | CH | Gross Domestic Product (YoY) (1Q) | 3% | 3% | |
| 05:45 | CH | Gross Domestic Product s.a. (QoQ) (1Q) | 0.3% | 1.0% |
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| 07:05 | AU | RBA Commodity Index SDR (YoY) (May) | 28.6% | 21.8% |
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| 07:30 | CH | SVME − Purchasing Managers' Index (May) | 55.7 | 56.7 | ||
| 07:55 | DE | PMI Manufacturing (May) | 53.6 | |||
| 08:00 | EMU | PMI Manufacturing (May) | 50.7 | |||
| 08:30 | UK | M4 Money Supply (MoM) (Apr) | 0.8% | |||
| 08:30 | UK | M4 Money Supply (YoY) (Apr) | 11.9% | |||
| 08:30 | UK | M4 Sterling Lending (Apr) | £17.4B | |||
| 08:30 | UK | Mortgage Approvals (Apr) | 64K | |||