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Special Webinars
Forex Trading Live-on-the-News
Expert: Dustin Pass
Start: Wed, Apr 18, 14:00 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
The FX Mirror
Expert: Patrick Dyess
Start: Wed, Apr 18, 16:00 GMT
Sponsored by:
Type of Session: Webinar
Current Session: Europe - U.S.
GBP/USD
The Word of Majors - GBP: The bulls are still in control by FXstreet.com
The bulls are still in control and look to be gunning for the 1992 high of 2.0115. It formerly sparked a sell-off that led level down to 1.4075 over a six month period so the market might get nervous as it approaches that point again.
- Options speculation in GBP/USD 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:
Bank Recomendations - RBS Global Markets, SEB, Mizuho Corporate Bank by Finotec Group Inc.
Daily Market Overview - GBP continues surprising by Trader College
Forex Daily Analysis - USD Bearish Trend Continues. by ForexYard
Majors at a Glance
- EUR/USD
- Moves up above 1.3600 , above first resistant level at 1.3597
04/18/2007 10:12 GMT - GBP/USD
- Trades around 2.0100 after bounced at first resistant level 2.0133
04/18/2007 10:12 GMT - USD/CHF
- Trades below first support at 1.2049
04/18/2007 10:12 GMT - USD/JPY
- Trades around at first support level 118.54
04/18/2007 10:12 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 | |
| Apr 18 | 12:30 | International Securities Transactions | -$2.000B | -$3.764 |
Weekly Economic Letter - U.S: the probability of a recession is higher than consensus estimates by National Bank of Canada
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "The current rate of the CAD is not attracting enough foreign interest, and that may be a topic for concern in the economy, as trade balance figures go down and foreign investment doesn't look like being able to offset the losses." - FXstreet.com
Top Market Movers Review
UK AVERAGE EARNINGS EXCLUDING BONUS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 18 | 08:30 | Average Earnings including Bonus (3Mo/Yr) | 4.6% | 4.2% | 4.2% |
| Apr 18 | 08:30 | Average Earnings excluding Bonus (3Mo/Yr) | 3.6% | 3.6% | 3.6% |
DATA SNAP: UK Wage Growth Picked Up In 3 Mos To Feb (Dow Jones)
UK wages rose at the fastest rate in almost three years during the three months to February, boosted by bonuses paid to workers in the thriving financial services sector. The claimant count measure of unemployment fell more than expected in March, but a broader measure of unemployment registered a pickup in joblessness in the three months to February.
[ Full Story ]- Read the Labour market statistics at National Statistics
- CORRECTION Forex - Pound hits new highs vs dollar (AFX News)
- Forex - Pound hits new highs vs dollar after UK pay growth exceeds expectations (AFX News)
- UK 3 months to Feb headline average earnings highest since March 2004 UPDATE (AFX News)
UK BANK OF ENGLAND MINUTES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 18 | 08:30 | Bank of England Minutes | - | - | - |
European Market Update - BOE Votes 7-2 in April; Average Earnings Reach 21-Month High by Trade The News
The Bank of England minutes from the April 5 meeting were released overnight. As most analysts expected the Bank of England voted 7-2 to keep rates unchanged at 5.25% at the April meeting.
[ Full Story ]- Read the MPC Minutes at BoE
- BoE MPC voted by 7-to-2 margin to keep repo rate unchanged in April UPDATE (AFX News)
- BoE: Rates on hold, approved by 7 to 2 (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 18 | 08:30 | UK | Average Earnings excluding Bonus (3Mo/Yr) (Feb) | 3.6% | 3.6% | 3.6% |
| 08:30 | UK | Average Earnings including Bonus (3Mo/Yr) (Feb) | 4.6% | 4.2% | 4.2% | |
| 08:30 | UK | Bank of England Minutes (Apr 5) | ||||
| 08:30 | UK | Claimant Count Change (Mar) | -9.2K | -5.0K | -3.8K | |
| 12:30 | CA | International Securities Transactions | -$2.000B | -$3.764 | ||
| Apr 19 | 06:00 | DE | Producer Price Index (MoM) (Mar) | 0.4% | 0.3% | |
| 06:00 | DE | Producer Price Index (YoY) (Mar) | 2.7% | 2.8% | ||
| 08:00 | EMU | ECB Publishes Monthly Report (Apr) | ||||
| 11:00 | CA | Bank of Canada Consumer Price Index Core (MoM) (Mar) | 0.2% | 0.5% | ||
| 11:00 | CA | Bank of Canada Consumer Price Index Core (YoY) (Mar) | 2.2% | 2.4% | ||