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Topics
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Current Session: Europe - U.S.
EUR/USD
Forex Daily Analysis - Will GDP help boosting the dollar up? by ForexYard
Strong resistance has been noticed at 1.3360 and further up at 1.3400, however indicators are rather neutral with a tendency to be on the bearish side. RSI is at 60 facing downwards, momentum is at 100.30, and slow stochastic is at 50. A range trading between 1.3250 and 1.3360 is more likely.
- EUR/USD intraday chart 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
- Read the comments to the latest market moves at our Forex Forum
Other Topics for this Session:
Daily Trading Strategy - The JPY has lost the north by MVDForex
Weekly Range-Breakout Barometer - EURUSD: Euro implieds are trading lower for the week by FXCM
Global FX Daily - European Edition - Calmer global markets push JPY lower by Mellon Foreign Exchange
- EUR/USD
- Moves up above today's pivot at 1.3331
03/29/2007 09:22 GMT - GBP/USD
- Continues to move above today's pivot at 1.9630 on a narrow daily range
03/29/2007 09:22 GMT - USD/CHF
- Moves down toward today's pivot at 1.2141
03/29/2007 09:22 GMT - USD/JPY
- Trades around 117.40 , between today's pivot and first resistant
03/29/2007 09:22 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, Saxo Bank
[ View ASI page ] [ View GBP/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
US GROSS DOMESTIC PRODUCT PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Mar 29 | 22:45 | Gross Domestic Product (QoQ) | 0.9% | 0.3% |
| Mar 29 | 12:30 | Gross Domestic Product Price Index | 1.7% | 1.7% |
| Mar 29 | 12:30 | Gross Domestic Product Annualized | 2.2% | 2.2% |
Forex Daily Analysis - Will GDP help boosting the dollar up? by ForexYard
Markets will continue to assess the state of the US economy with today's data, consisting of Q4 GDP, PCE, core PCE and the weekly jobless claims. The final revision for growth in Q4 is seen unchanged at 2.2%.
[ Full Story ]Top Market Movers Review
UK CBI DISTRIBUTIVE TRADES SURVEY - REALIZED
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 29 | 10:00 | CBI Distributive Trades Survey - Realized | 32% | 20% | 19% |
| Mar 29 | 10:00 | CBI Distributive Trades Survey - Expected | 22% | 18% | 16% |
UK March retail sales balance +32 pct, highest since Dec 2004 - CBI (AFX News)
UK retailers posted their best monthly performance in over two years during March, helped by a buoyant housing sector, the country's leading business lobby group said today. The Confederation of British Industry said the balance of retailers reporting year-on-year growth in sales volumes was +32 pct.
[ Full Story ]- Read the High street continues to enjoy brisk sales at CBI
- CBI retail sales improve to three year high (FXstreet.com)
- DATA SNAP: UK CBI Retail Sales Volume +32 Vs Feb +19 -2- (Dow Jones)
- DATA SNAP: UK CBI Mar Retail Sales Volume +32 Vs Feb +19 (Dow Jones)
- John Longworth, chairman of the CBI's DTS Panel: "The high street has enjoyed robust growth in recent months and the latest headline balance is the strongest since 2004... Retailers have strong expectations for further growth in April." - CBI
UK MORTGAGE APPROVALS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 29 | 08:30 | Mortgage Approvals | 119K | 117K | 120K |
DATA SNAP: UK Feb Mortgage Lending Up Despite Jan Rate Hike (Dow Jones)
U.K. consumers' appetite for secured debt returned in February, despite the Bank of England's surprise January rate hike, as a lack of properties available to purchase ensured would-be house buyers paid a premium for suitable homes.
[ Full Story ]- Bank of England homepage
- UK Feb net mortgage lending 10.3 bln stg, second highest ever - BoE (AFX News)
- DATA SNAP: UK Feb Mtge Lending Up Despite Jan Rate Hike -2- (Dow Jones)
- United Kingdom Mortgage Approvals; 119K in Feb from 120K in January (FXstreet.com)
Germany UNEMPLOYMENT RATE S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 29 | 07:55 | Unemployment Rate s.a. | 9.2% | 9.2% | 9.3% |
| Mar 29 | 07:55 | Unemployment Change | -65K | -46K | -80K |
German March jobless likely down 70,000 to 4.15 mln - report (AFX News)
The number of jobless people in Germany in March fell by about 70,000 from February to 4.15 mln, Bild daily said, citing unidentified experts. The German labor office is expected to publish official jobless figures today.
[ Full Story ]Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Mar 29 | 08:30 | UK | M4 Money Supply (YoY) | 12.7% | 12.9% |
|
| 08:30 | UK | Mortgage Approvals | 119K | 117K | 120K | |
| 10:00 | UK | CBI Distributive Trades Survey - Expected (Apr) | 22% | 18% | 16% | |
| 10:00 | UK | CBI Distributive Trades Survey - Realized (Mar) | 32% | 20% | 19% | |
| 12:30 | US | Core Personal Consumption Expenditure (QoQ) (4Q) | 1.9% | 1.9% | ||
| 12:30 | US | Gross Domestic Product Annualized (4Q) | 2.2% | 2.2% | ||
| 12:30 | US | Gross Domestic Product Price Index (4Q) | 1.7% | 1.7% | ||
| 12:30 | US | Initial Jobless Claims (Mar 24) | 316K | |||
| 22:45 | NZ | Gross Domestic Product (QoQ) (4Q) | 0.9% | 0.3% | ||
| 23:30 | JP | Consumer Price Index (YoY) (Mar) | 0% | 0% | ||