Friday, Feb 16, 12:03 GMT
U.S. Trading Newsletter
To Get Started
- Monthly Webinar - One Day Forex Education Webinar. Feb. 22 @ 16:00 GMT. More Info!
- Are you a fan of Pivot Points? Calculate today's levels with the Pivot Point Calculator
- Check out the rest of our newsletters and subscribe now!
- Find out the most complete Forex news service with Dow Jones down to the minute news
Special Webinars
FX Lesson of the Day: Defining the trend
Expert: Dave Floyd
Start: Tue, Feb 20, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
Fundamental and Technical Trading Opportunities that we are Watching
Expert: Boris Schlossberg
Start: Wed, Feb 21, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: Europe - U.S.
USD/JPY
Bank Recomendations - Deutsche Bank, ABN AMRO, SEB by Finotec Group Inc
USD JPY (119.35) The ‘dangerous game' of dip-buying that we described in our last report indeed attracted some short-term players yesterday morning. The unshakeable belief that the dollar was still in a range and the view that a BOJ rate hike was no done-deal encouraged buyers to bid the USD to a 120.35 peak in European trading.
- Take a look at our advisor's comments on the latest USD moves
- Check out how the currency moved on Live Currency Rates & Charts at FXstreet.com
Other Topics for this Session:
Daily Trading Strategy - Terminator in trouble by MVDForex
FXA Technical Commentary - Kiwi/yen, carry trade early warning ?? by FXA
Global FX Daily - European Edition - US data failing to provide a clear lead on interest rate prospects by Mellon Foreign Exchange
Majors at a Glance
- EUR/USD
- Continues to trade around 1.3130
2/16/2007 10:10:32 AM - GBP/USD
- Moves down below 1.9495
2/16/2007 10:12:57 AM - USD/CHF
- Continues to trade around 1.2350
2/16/2007 10:15:21 AM - USD/JPY
- Trades around 119.40
2/16/2007 10:18:25 AM
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading Ltd. , KBC Bank, Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
U.S. PPI
| Period | Consensus | Previous | Time |
| January (MoM) | -0.6% | 0.9% | Feb 16, 13:30 GMT |
| January (YoY) | 0.3% | 1.1% | Feb 16, 13:30 GMT |
| Jan (MoM ex Food & Energy) | 0.2% | 0.2% | Feb 16, 13:30 GMT |
| Jan (YoY ex Food & Energy) | 1.8% | 2.0% | Feb 16, 13:30 GMT |
Friday Notes - Energy prices pull PPI down again by HVB Group
The ups and downs of the world oil market continue to drive the headline PPI. Energy prices were mostly down last month, enough to reduce the index by half a percent. Auto prices were up, however, and that will help lift the core rate above zero.
[ Full Story ]Top Market Movers Review
Euro Zone Trade Balance
| Period | Consensus | Previous | Actual |
| December n.s.a. | €2.0B | €5.1B | €2.5B |
| December s.a. | €3.0B | €4.5B | €0.7B |
Euro Zone Trade Balance, in surplus for the fourth consecutive month by FXstreet.com
The Euro Zone Trade balance of goods and services with the rest of the word continued running on surplus in December, for the fourth month in a row, according to the latest balance released by Eurostat. The 12 countries sharing the Euro have recorded a surplus of 2.5 billion euro, comparing with the 1.1 billion euro deficit reached on the same month the previous year.
[ Full Story ]- Euro area external trade deficit 8.2 bn euro - Eurostat [PDF, 76k]
- Euro zone Dec trade surplus 2.5 bln eur vs revised Nov surplus 5.1 bln (AFX News)
- Euro Zone Continued To Run Trade Surplus In Dec (Dow Jones)