Thursday, Mar 01, 12:01 GMT
U.S. Trading Newsletter
To Get Started
- Special Coverage: World equity markets sell-off by FXstreet.com
- Check out the rest of our newsletters and subscribe now!
- FOREX FORUM: The Outsider Method
- Special Webinar: Trade Non-Farm Payrolls LIVE with Wayne McDonell
- Are you a fan of Pivot Points? Calculate today's levels with the Pivot Point Calculator
Send us your feedback. Post your comments about the new newsletters' format in the Forum.
Special Webinars
Midweek Technical Outlook with Derek Sugalski
Expert: Derek Sugalski
Start: Wed, Feb 28, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
Topics
- Upcoming news events as potential catalysts
- Technical summary of market developments
- Forecasting end of week directional bias and turning points
Live Trading with Ed Ponsi
Expert: Ed Ponsi
Start: Thu, Mar 1, 16:00 GMT
Sponsored by:
Type of Session: Webinar
Current Session: Europe - U.S.
USD/JPY
Forex Daily Analysis - Will Dollar Sidelined But Should See Additional Losses Today by ForexYard
The key support level 119.00 broke two days ago and changed the overall bullish behavior of this pair to a bearish one, next support is at 117.50 while a break of that level will drive the price further down to new 3 months low.
- Tony Juste comments on Watanabe's words
- Check out how the currency moved on Live Currency Rates & Charts at FXstreet.com
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
- Be up to date with the Latest Forex News
Other Topics for this Session:
Forex Market Outlook on Majors - Forex Market Outlook on Majors by AceTrader
Weekly Range-Breakout Barometer - EURUSD: For the most part volatilities remained lower throughout the week by FXCM
Global FX Daily - European Edition - EUR-USD fails to benefit from weak US data by Mellon Foreign Exchange
Majors at a Glance
- EUR/USD
- Trades around 1.3220
3/1/2007 9:44:17 AM - GBP/USD
- Trades above 1.9600
3/1/2007 9:46:57 AM - USD/CHF
- Trades around 1.2195
3/1/2007 9:54:15 AM - USD/JPY
- Trades below 118.25
3/1/2007 9:53:49 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
US PERSONAL CONSUMPTION EXPENDITURE CORE
| Date (GMT) | Event | Cons. | Previous | |
| Mar 1 | 18:30 | Personal Consumption Expenditure Core (MoM) | 0.2% | 0.1% |
| Mar 1 | 18:30 | Personal Spending | 0.4% | 0.7% |
| Mar 1 | 18:30 | Personal Income | 0.3% | 0.5% |
Daily Global Commentary - The Medical Care Component of Personal Consumption Expenditure Price Index – Flavor of the Week by Northern Trust
The core personal consumption expenditure (PCE) price index, which excludes food and energy, advanced 2.22% in December, representing a deceleration from the 2.44% peak seen in August.
[ Full Story ]Top Market Movers Review
EMU CPI ESTIMATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 1 | 15:00 | CPI Estimate | 1.8% | 1.9% | 1.8% |
Inflation remains stable in the Euro Zone (FXstreet.com)
Consumer Prices Index remained stable in February in the countries sharing the Euro, CPI grew 1.8% on the year, slightly below the expectations of a 1.9% increase, and well within the boundaries of the ECB’s target for price stability, as preliminary data by the European Statistics Office shows.
[ Full Story ]- Read the Euro area inflation estimated at 1.8% at Eurostat
- Eurozone Feb Inflation Stable At 1.8% On Yr (Dow Jones)
- DATA SNAP: Euro-Zone Feb Inflation Stable At 1.8% On Year (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Mar 1 | 08:55 | DE | PMI Manufacturing Index (Feb) | 57.2 | 58.5 | 58.5 |
| 09:00 | EMU | PMI Manufacturing Index (Feb) | 55.6 | 55.7 | 55.5 | |
| 09:30 | GB | PMI Manufacturing Index (Feb) | 55.4 | 53.0 | 53.2 |
|
| 10:00 | EMU | CPI Estimate (Feb) | 1.8% | 1.9% | 1.8% |
|
| 13:30 | US | Personal Consumption Expenditure Core (MoM) (Jan) | 0.2% | 0.1% | ||
| 13:30 | US | Personal Income (Jan) | 0.3% | 0.5% | ||
| 13:30 | US | Personal Spending (Jan) | 0.4% | 0.7% | ||
| 15:00 | US | ISM Manufacturing (Feb) | 50.0 | 49.3 | ||
| 23:30 | JP | National Consumer Price Index (YoY) (Jan) | 0% | 0.3% | ||
| 23:30 | JP | National CPI s.a (MoM) (Jan) | 0.1% | 0% | ||