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Special Webinars
Objective Supply and Demand analysis
Expert: Sam Seiden
Start: Tue, Apr 17, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
FX Lesson of the Day: Defining the trend
Expert: Dave Floyd
Start: Tue, Apr 17, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
Analysis on the recent US releases
Expert: Ashraf Laidi
Start: Wed, Apr 18, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: Europe - U.S.
EUR/USD
Weekly Technical Analysis Research - EUR Clears The 1.3483/1.3501 Levels by FX Instructor
EURUSD-EUR eroded the 1.3483/3501 levels, its Mar'05 high/1.272 Fib Extension to set a new two-year high at 1.3554 the past week, its highest price seen since Jan 03'07.This has brought the resumption of its medium/long term uptrend and should now bring gains towards a stronger resistance at 1.3668
- EUR/USD watch 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 Market Outlook - Daily Market Outlook by AceTrader
Global FX Daily - European Edition - JPY weaker after G7 by Mellon Foreign Exchange
The Word of Majors - EUR: The uptrend shows no sign of ending by Steven Wesiak
Majors at a Glance
- EUR/USD
- Still around first resistant level at 1.3560 on a narrow daily range
04/16/2007 09:23 GMT - GBP/USD
- Moves up above first resistant level at 1.9905 after UK PPI news
04/16/2007 09:23 GMT - USD/CHF
- Floating around today's pivot at 1.2135 on a narrow daily range
04/16/2007 09:23 GMT - USD/JPY
- Trades around last week high at 119.54 , above today's pivot at 118.99
04/16/2007 09:23 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
US RETAIL SALES
| Date (GMT) | Event | Cons. | Previous | |
| Apr 16 | 12:30 | Retail Sales ex Autos (MoM) | 0.8% | -0.1% |
| Apr 16 | 12:30 | Retail Sales (MoM) | 0.4% | 0.1% |
The Week Ahead - Retail Sales, CPI, Housing Starts and Industrial Production by BBVA Bancomer
Higher gasoline prices inflated retail sales in March. Prices at the pump averaged $2.66 per gallon, 9.3% higher than in February.
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "Retail Sales should confirm the trend in consumption, for the Fed to keep a hawkish tone with respect to monetary policy. Latest figures still show that domestic demand (retail) is robust, but that needs to be confirmed. The USD would get support if the data comes in that direction, as it would mean no rate cuts in the foreseeable future." - FXstreet.com
Top Market Movers Review
EMU CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 16 | 09:00 | Consumer Price Index (YoY) | 1.9% | 1.9% | 1.9% |
| Apr 16 | 09:00 | Consumer Price Index (MoM) | 0.7% | 0.6% | 0.3% |
DATA SNAP: Euro-Zone March Inflation Rises To 1.9% On Year (Dow Jones)
Inflation in the euro zone picked up in March, as expected, but remained in line with the European Central Bank's price stability target. The annual rate of consumer price inflation in the 13 countries that share the euro rose to 1.9% in March from 1.8% in February, data from the European Union's statistics agency confirmed Monday.
[ Full Story ]- Read the Euro area annual inflation up to 1.9% at Eurostat
- Euro Zone March Inflation Data Table (Dow Jones)
- EMBARGO Euro zone March HICP up 1.9 pct yr-on-yr, unchanged vs provisional (AFX News)
- Euro Zone inflation, 1.9% up on the year (FXstreet.com)
UK PRODUCER PRICE INDEX - INPUT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 16 | 08:30 | Producer Price Index - Input (YoY) | 0.7% | 0.2% | -1.1% |
| Apr 16 | 08:30 | Producer Price Index - Output (YoY) | 2.7% | 2.2% | 2.2% |
| Apr 16 | 08:30 | Producer Price Index - Output (MoM) | 0.6% | 0.3% | 0.3% |
| Apr 16 | 08:30 | Producer Price Index - Input (MoM) | 1.2% | 0.9% | 1.3% |
European Market Update - UK Producer Prices Exceed Expecataions in March by Trade The News
In the UK overnight PPI input and output data exceeded expectations on all fronts. Notably, PPI output core y/y rose to its highest level since November of 2004. Output prices rose as the prices of scrap metals and petroleum products rose during the month of March.
[ Full Story ]- Read the Producer Prices at National Statistics
- DATA SNAP: UK PPI Inflation Accelerates In March -2- (Dow Jones)
- UK March PPI Table Of Data (Dow Jones)
- UK March output prices see biggest monthly rise since April 2006 (AFX News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 16 | 08:30 | UK | Producer Price Index - Input (MoM) (Mar) | 1.2% | 0.9% | 1.3% |
| 08:30 | UK | Producer Price Index - Input (YoY) (Mar) | 0.7% | 0.2% | -1.1% | |
| 09:00 | EMU | Consumer Price Index (MoM) (Mar) | 0.7% | 0.6% | 0.3% | |
| 09:00 | EMU | Consumer Price Index (YoY) (Mar) | 1.9% | 1.9% | 1.9% | |
| 12:30 | US | Advance Retail Sales (Mar) | 0.5% | 0.1% | ||
| 12:30 | US | Empire Manufacturing (Apr) | 7.5 | 1.9 | ||
| 12:30 | US | Retail Sales (MoM) (Mar) | 0.4% | 0.1% | ||
| 12:30 | US | Retail Sales ex Autos (MoM) (Mar) | 0.8% | -0.1% | ||
| 13:00 | US | Net Long-term TIC Flows (Feb) | $80.8B | $97.4B | ||
| 14:00 | US | Business Inventories (Feb) | 0.2% | 0.2% | ||