Friday, Aug 31, 15:55 GMT
FOREX INFORMER
The Week Ahead
Waiting for the Non−Farm Payrolls report by FXstreet.com
The week does not have many events, but among those who are released we find the explosive ones. On schedule we have the BoE and the ECB announcing their interest rate decisions, and the big Nonfarm Payrolls (NFP) on Friday, which will generate extreme volatility for the USD majors.
We also continue pay extra attention to the 4 Majors as the credit crisis has had a huge impact
on the markets. Let's review them all. It is worth noting that there is a Bank Holiday on Monday in the USA.
On Monday (Sept 3rd) we have the following events to watch:
PMIs from European countires are scheduled in the European morning. Namely Germany, the Euro−Zone and the UK.
On Tuesday (Sept 4th) we have the following events to watch:
In the Euro−Zone, the PPI and GDP are remarkable events.
In the US, ISM Manufacturing is an important event to watch.
On Wednesday (Sept 5th) we have the following events to watch:
In the UK, the BoE minutes of the last meeting are released. We carefully watch what outlook the BoE has for the current situation.
The content of the meeting may generate a good deal of volatility for the GBP against the major currencies.
On Tursday (Sept 6th) we have the following events to watch:
BoE interest rate decision (11:00 GMT) and the ECB interest rate decision (11:45) are released in sequence.
The president of the ECB will have a press conference after the release of interest rate at 12:30GMT.
The ECB has shown a dovish outlook lately. However, we should keep eyes open on it if this view is confirmed or not.
On Friday (Sept 7th) we have the biggest day of the week with the following events:
In the US, the Unemployment Rate, Non−Farm Payrolls (NFP), the average hourly earnings and the average weekly earning are
the events to watch, especially the "Non−Farm payrolls (NFP)", which is expected to have a big impact on the USD.
All of the events are released at 12:30 GMT.
- Friday Notes − Fed to smooth the adjustment by HVB Group
- U.S Market Update by Trade The News
To get started
- New NFA requirements − Francesc Riverola asks the opinion of top industry's CEO's
- Tony Juste is back! Check the Advisor Blog now
- FXstreet.com 1st International Traders Conference − Come and meet our renowned Speakers
- Millionaire Traders: The new book by Kathy Lien & Boris Schlossberg
Forex Forum
- NFA Forex Dealer Dead Pool: The news about the NFA shaking up the forex industry by dramatically raising capital requirements has kicked off a lot of speculation.
- Forex Daily Trade Summary: I'm going to start a thread here, and I hope it gathers enough momentum and people will find it useful. I'll be including a summary of the trade ahead, which will give a good snapshot, alongside a video.
- 20 pips a day!!: Hi, I recently started and My plan is to make on an average 20 pips everyday the market is on. what would be my strategy?? I have been trying to make some pips(3-4 pips) during the small ups and downs(avg diff 20-30 pips), but i endup entering the market at the wrong time!! always lose money!! I use 5 minute timescale!!
- How to be a trader for a company?: Does anyone know how to be a junior trader for a company? I mean I know there’s a lot of positions for senior traders who earn a lot...but require so much experience.
Editor's Pick
Weekly Market Commentary - Another harrowing week where money market problems in Europe and the US dominate by Mizuho Corporate Bank
Fri, Aug 31 2007, 14:20 GMT
Daily Market Report - Stock markets across Asia rose 1% to 2% last night by Wachovia
Fri, Aug 31 2007, 12:05 GMT
Daily Analysis - Yen gains as investors lose appetite for risk by Finotec Group Inc.
Fri, Aug 31 2007, 09:28 GMT
Forex Trading Strategies - Will Bernanke Aid the Markets? by Saxo Bank
Fri, Aug 31 2007, 05:46 GMT
Live Sessions Schedule
Becoming a Professional Trader (Part 3): Developing a Simple System − An Example
Expert: Markus Heitkoetter
Start: Tue, Sep 4, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
SPECIAL EVENT: Trade Non−Farm Payrolls LIVE − 16th Edition
Expert: Wayne McDonell
Start: Fri, Sep 7, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Aug 31, 16:00 GMT | Trading with Tim Billups  | Tim Billups | WBN |  |
| Mon, Sep 3, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Mon, Sep 3, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
| Mon, Sep 3, 13:00 GMT | FX Instructor Live Trading Room | Sunil Mangwani | WBN |  |
| Mon, Sep 3, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Mon, Sep 3, 15:00 GMT | Advanced Methods for Finding Dominant Trends in Forex Markets | Steve Primo | WBN | |
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Press Releases
Press Releases
GFT's Three−Year Revenue Growth of 204 Percent Lands Company on the 2007 Inc. 5,000
Inc. magazine has announced that Global Forex Trading (GFT) has made the prestigious 2007 Inc. 5000 list, which recognizes the fastest−growing private companies in the United States.
[ Full Story ]FX Solutions today announced that it has been named to Inc. magazine's 26th Annual "Inc. 500" ranking of the fastest−growing private companies in the country through the end of 2006.
[ Full Story ]