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Live Sessions Schedule
What moves currencies?
Expert: Tony Juste
Start: Thu, May 3, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
24 hour Outlook
Expert: John Putman
Start: Thu, May 3, 17:00 GMT
Sponsored by:
Type of Session: Webinar
| Sponsored By: | ||||
| Wed, May 2, 12:00 GMT | US Pre-Market Open  | Ed Ponsi | WBN |  |
| Wed, May 2, 13:20 GMT | US Session Open | Ed Ponsi | WBN | |
| Wed, May 2, 17:00 GMT | 24 hour Outlook | John Putman | WBN | |
| Wed, May 2, 18:00 GMT | The FX Mirror | Patrick Dyess | WBN | |
| Wed, May 2, 20:00 GMT | 24 hour Outlook | John Putman | WBN | |
Current Session: Europe - U.S.
EUR/USD
EUR/USD Daily Technical Forex - EUR/USD Daily Technical Forex by Stoploss.ch
Current level at 11:05 CET is 1.3573, trading under the daily pivot point level of 1.3620. Hourly momentum is still in negative territory and next support is seen at 1.3534. Rising trendline support from the October 2006 low of 1.2484 comes in at 1.3245. On the upside, resistance today is seen at 1.3654 and 1.3706.
- USD ticks into extrme overbought territory 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 - ABN AMRO Private Banking, CBCM by Finotec Group Inc.
Global FX Daily - U.S. Edition - US ADP employment and factory orders due today by Mellon Foreign Exchange
Monthly Technical Outlook - Monthly Technical Outlook by Mizuho Corporate Bank
Majors at a Glance
- EUR/USD
- Continues to trade around 1.3585 , above first support level at 1.3572
05/02/2007 09:45 GMT - GBP/USD
- Continues to trade around first support level at 1.9950
05/02/2007 09:45 GMT - USD/CHF
- Trades around yesterday high at 1.2161 , below first resistant level at 1.2186
05/02/2007 09:45 GMT - USD/JPY
- Moves up to trade around first resistant level at 120.11
05/02/2007 09:45 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 FACTORY ORDERS
| Date (GMT) | Event | Cons. | Previous | |
| May 2 | 14:00 | Factory Orders | 2% | 1% |
Friday Notes - German economy enjoys an updraft by HVB Group
Durable goods orders showed a 3.4% increase in March. So even if orders for non-durable goods are little changed, total factory orders will be up substantially.
[ Full Story ]Top Market Movers Review
EMU UNEMPLOYMENT RATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 2 | 09:00 | Unemployment Rate | 7.2% | 7.2% | 7.3% |
DATA SNAP: Euro-Zone March Jobless Rate Down To Record Low (Dow Jones)
The rate of unemployment in the 13 countries that share the euro fell to a record low in March, a development that is likely to boost consumer confidence. According to figures released by the European Union statistics agency Eurostat Wednesday, the unemployment rate fell to 7.2% from 7.3%.
[ Full Story ]- Read the Euro area unemployment down to 7.2% at Eurostat
- Euro zone March unemployment 7.2 pct vs 7.3 in Feb (AFX News)
- Record low unemployment in the Euro Zone (FXstreet.com)
EMU PMI MANUFACTURING INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 2 | 08:00 | PMI Manufacturing Index | 55.4 | 55.7 | 55.4 |
Euro Zone PMI, flat in April at 55.4 (FXstreet.com)
April’s manufacturing activity in the countries belonging to the Euro Zone has remained in the same levels seen in March instead of the mild increase forecasted by the experts, as the latest monthly PMI index shows.
[ Full Story ]- NTC Economics homepage
- Forex - Euro edges up against dollar after solid manufacturing PMI survey (AFX News)
- Euro zone April manufacturing PMI remains at 13-month low of 55.4 - sources (AFX News)
- Tony Juste, FX Advisor at FXstreet.com: "Consumer demand may just be starting to ease off as tightening of the monetary policy weighs in credit spending. The most likely rate hike in May will leave UK domestic demand at a critical point, and any failure in the system could send the economy near the recession zone." - FXstreet.com
US Open Market Points - Euro and Pound Lower on Neutral Data by FXCM
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| May 2 | 08:30 | UK | Mortgage Approvals | 111K | 119K | |
| 08:30 | UK | Net Consumer Lending | 10.8B | 11.0B | ||
| 08:30 | UK | PMI Construction | 59.8 | 59.0 | 58.9 | |
| 09:00 | EMU | Unemployment Rate (Mar) | 7.2% | 7.2% | 7.3% | |
| 14:00 | US | Factory Orders (Mar) | 2% | 1% | ||
| 14:30 | US | EIA Crude Oil Stocks (Apr 27) | 2.1M | |||
| May 3 | 12:30 | US | Initial Jobless Claims (Apr 28) | 321K | ||
| May 4 | 12:30 | US | Nonfarm Payrolls (Apr) | 100K | 180K | |
| 12:30 | US | Unemployment Rate (Apr) | 4.5% | 4.4% | ||
| May 10 | 09:00 | UK | BOE Rate Decision | 5.25% | 5.25% | |