Monday, Mar 19, 11:59 GMT
U.S. Trading Newsletter
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Special Webinars
FX Lesson of the Day: Defining the trend
Expert: Dave Floyd
Start: Tue, Mar 20, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
Fundamental and Technical Trading Opportunities that we are Watching
Expert: Boris Schlossberg
Start: Wed, Mar 21, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: Europe - U.S.
EUR/JPY
Daily Forex Technical Report - Yen Volatile as the Week Starts by ActionForex.com
Despite retreating sharply as the week starts, the fall was brief and EUR/JPY was still kept above mentioned 154.73 minor support. Rise from 152.64 then resumed by surging higher to 156.32, meeting mentioned target of 61.8% retracement of 159.63 to 150.75 at 156.24. At this point, intraday bias remains on the upside as long as EUR/JPY stays above 154.81 support.
- FOREX FORUM: Technical Analysis forum. Post your charts and share your technical point of view.
- Trade Alert: EUR/JPY by Tony Juste
- 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:
The Word of Majors - EUR: The bulls have been beaten back before the 1.3370 resistance by FXstreet.com
Daily Analysis - Yen fell as Fukui may signal no hurry to raise rates by Finotec Group Inc.
Forex Daily Analysis - All eyes are on the BOJ Rate Decision tonight by ForexYard
Majors at a Glance
- EUR/USD
- Stays below today's pivot at 1.3296 on a narrow daily range move
03/19/2007 11:40 GMT - GBP/USD
- Floating around today's pivot at 1.9428
03/19/2007 11:40 GMT - USD/CHF
- Moving up toward first resistant at 1.2152
03/19/2007 11:40 GMT - USD/JPY
- Continues to trade around 117.45 , above first resistant at 117.29
03/19/2007 11:40 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - GBP/USD
**Source : CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading Ltd. , Mizuho Corporate Bank
[ View ASI page ] [ View GBP/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
Canada INTERNATIONAL SECURITIES TRANSACTIONS
| Date (GMT) | Event | Cons. | Previous | |
| Mar 19 | 12:30 | International Securities Transactions | $1.28B | -$3.26B |
Weekly Economic Letter - An update on real return bonds by National Bank of Canada
Canadian inflation could be higher than expected in February (+0.6% during February) and somewhat sticky in March.
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "The surplus (expected) again in the overall international transactions is needed as Canada holds a relatively tight monetary policy, and the appetite for Canadian securities is needed (especially those coming from the US) in the aim to continue to have a dynamic and robust economy." - FXstreet.com
Top Market Movers Review
UK RIGHTMOVE HOUSE PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 19 | 00:01 | Rightmove House Price Index (MoM) | 1.5% | - | 0.9% |
| Mar 19 | 00:01 | Rightmove House Price Index (YoY) | 12.2% | - | 11.5% |
UK housing market robust in March - Rightmove (AFX News)
The UK housing market was firm in March, with prices up 1.5 pct from the previous month taking the annual rate up to 12.2 pct, according to property website Rightmove. The average UK house now costs 228,183 stg compared with 224,802 stg the previous month.
[ Full Story ]- Rightmove homepage
- UK Rightmove March House Price Index +1.5% M-M, +12.2% Y-Y (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Mar 19 | 00:01 | UK | Rightmove House Price Index (MoM) (Mar) | 1.5% | 0.9% | |
| 00:01 | UK | Rightmove House Price Index (YoY) (Mar) | 12.2% | 11.5% | ||
| 12:30 | CA | International Securities Transactions | $1.28B | -$3.26B | ||
| 12:30 | CA | Wholesale Sales (MoM) | -0.9% | 2.7% | ||
| Mar 20 | 04:00 | JP | BoJ Target Rate | 0.5% | 0.5% | |
| 09:30 | UK | Consumer Price Index (YoY) (Feb) | 2.7% | 2.7% | ||
| 12:30 | US | Building Permits (MoM) (Feb) | 1650K | 1571K | ||
| 12:30 | US | Housing Starts (YoY) (Feb) | 1.450M | 1.408M | ||
| Mar 21 | 18:15 | US | FOMC Policy Announcement | |||
| Mar 22 | 12:30 | US | Initial Jobless Claims (Mar 17) | 318K | ||