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Live Sessions Schedule
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Apr 30, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
SPECIAL EVENT: Trade Non-Farm Payrolls LIVE - 12th Edition
Expert: Wayne McDonell
Start: Fri, May 4, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Mon, Apr 30, 11:00 GMT | Weekly Webinar: 1st on Forex - The Week Ahead | Jerry Furst | WBN |  |
| Mon, Apr 30, 12:00 GMT | US Pre-Market Open  | Ed Ponsi | WBN |  |
| Mon, Apr 30, 13:00 GMT | Raghee Horner's Morning Forex | Raghee Horner | WBN | |
| Mon, Apr 30, 13:20 GMT | US Session Open | Ed Ponsi | WBN | |
| Mon, Apr 30, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
| Mon, Apr 30, 16:00 GMT | Trading with Tom Flora | Tom Flora | WBN |  |
Current Session: Europe - U.S.
EUR/USD
Daily Analysis - The dollar clawed up on Monday from a record low hit against the euro late last week by Finotec Group Inc.
Downside pressures continue and 1.3585 looks set to come back under pressure. Hourly studies are close to oversold levels though so watch out for rebounds. Aggressive players can still try long trades but advice is to flat fails for a profit as daily charts are beginning to favor lower again.
- EUR/USD & USD/CHF 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
- The Cable experience at our Forex Forum
Other Topics for this Session:
Bank Recomendations - SEB Research Team, Mizuho Corporate Bank, Commerz Bank by Finotec Group Inc.
Global FX Daily - U.S. Edition - US core PCE prices and Chicago PMI feature today by Mellon Foreign Exchange
Daily Technical Analysis - GBP/USD: Trading very neatly despite these very high levels and jitters Thursday/Friday by Mizuho Corporate Bank
Majors at a Glance
- EUR/USD
- Continues to move down below first support level at 1.3595
04/30/2007 09:24 GMT - GBP/USD
- Moves down toward first support level at 1.9877
04/30/2007 09:24 GMT - USD/CHF
- Continues to move up , slightly below first resistant level at 1.2104
04/30/2007 09:24 GMT - USD/JPY
- Moves up toward last week high at 119.75 , above today's pivot at 119.41
04/30/2007 09:24 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - GBP/USD
**Source : CMS Forex, Danske Bank A/S, Finotec Group Inc., 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 PERSONAL SPENDING
| Date (GMT) | Event | Cons. | Previous | |
| Apr 30 | 12:30 | Personal Spending | 0.5% | 0.6% |
US Trading Preview - The dollar continues to reel against the majors by Forexnews.com
Inflation is expected to ease in March, with core PCE forecasted to slip to 0.1% from 0.3% a month earlier. Personal income and consumption are both seen declining to 0.5% in March.
[ Full Story ]Top Market Movers Review
UK GFK CONSUMER CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 30 | 09:30 | Gfk Consumer Confidence | -6 | -8 | -8 |
DATA SNAP: UK Consumer Confidence Revived In April - GfK (Dow Jones)
U.K. consumers became more confident about the economic outlook and their personal financial prospects in April, indicating that the threat of further rises in interest rates have yet to dampen their spirits.
[ Full Story ]EMU CPI ESTIMATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 30 | 09:00 | CPI Estimate | 1.8% | 1.8% | 1.9% |
Euro Zone yearly CPI edges down in April, compared to March (FXstreet.com)
Inflation at consumer level edged down in April compared to March, remaining between the limits of price stability established by the European Central Bank.
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "European data was mixed overall, but weak CPI forecast and based consumer confidence being on the negative side and industrial confidence the only positive data coming out. The Euro did not digest the data well at the beginning, but the current momentum favored a quick bounce, helped by the focus on industrial confidence, which rose to new highs."
EMU INDUSTRIAL CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 30 | 09:00 | Industrial Confidence | 7 | 7 | 6 |
| Apr 30 | 09:00 | Economic Confidence | 111.0 | 110.7 | 111.1 |
| Apr 30 | 09:00 | Consumer Confidence | -4 | -4 | -4 |
Euro Zone Industrial Confidence hits record; Economic Confidence edges down (FXstreet.com)
Industrial confidence has risen to +7 in April from + 6 in March, in the countries of the Euro Zone, reaching a record despite the strong Euro and the U.S. economic slowdown.
[ Full Story ]Germany RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 30 | 06:00 | Retail Sales | -0.7% | 0.8% | 1.0% |
US Open Market Points - Euro Hurt by Retail Plunge, Puts 1.3700 in Doubt by FXCM
German Retail Sales shocked the market with a -0.7% decline versus 0.9% forecasted rise. Clearly, German consumers continue to be cautious in the face of a near 30% increase of VAT taxes instituted at the start of this year.
[ Full Story ]- Read the Retail Sales report at Federal Statistical Office Germany
- DATA SNAP: German March Retail Sales -0.7% MM, +0.5% YY (Dow Jones)
- German March retail sales down 0.7 pct vs Feb, up 0.5 pct yr-on-yr (AFX News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 30 | 09:00 | EMU | Consumer Confidence (Apr) | -4 | -4 | -4 |
| 09:00 | EMU | CPI Estimate (Apr) | 1.8% | 1.8% | 1.9% | |
| 09:00 | EMU | Industrial Confidence (Apr) | 7 | 7 | 6 | |
| 09:30 | UK | Gfk Consumer Confidence (Apr) | -6 | -8 | -8 | |
| 12:30 | US | Core Personal Consumption Expenditure (MoM) (Mar) | 0.1% | 0.3% | ||
| 12:30 | US | Core Personal Consumption Expenditure (YoY) (Mar) | 2.2% | 2.4% | ||
| 12:30 | US | Personal Consumption Expenditure Deflator (Mar) | 2.3% | |||
| 12:30 | US | Personal Income (Mar) | 0.5% | 0.6% | ||
| 12:30 | US | Personal Spending (Mar) | 0.5% | 0.6% | ||
| 13:45 | US | Chicago Purchasing Managers' Index (Mar) | 55.0% | 61.7% | ||