Friday, May 04, 11:06 GMT
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Live Sessions Schedule
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
Weekly Webinar: 1st on Forex - The Week Ahead
Expert: Jerry Furst
Start: Mon, May 7, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Fri, May 4, 12:00 GMT | SPECIAL EVENT: Trade Non-Farm Payrolls LIVE - 12th Edition | Wayne McDonell | WBN | |
| Fri, May 4, 16:00 GMT | Trading with Tom Flora  | Tom Flora | WBN |  |
| Mon, May 7, 11:00 GMT | Weekly Webinar: 1st on Forex - The Week Ahead | Jerry Furst | WBN | |
| Mon, May 7, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
| Mon, May 7, 16:00 GMT | Trading with Tom Flora | Tom Flora | WBN | |
Current Session: Europe - U.S.
EUR/USD
Daily Forex Currency Outlook - EURUSD by ZeeTrade
EURUSD has crosses down its medium term Moving Average and it seems that now it will look to target its long term Moving Average and that target seems around 1.3400 level. So currently we will look to sell EURUSD around 1.3583 which is also the current point where short term Moving Average is cutting medium term Moving Average and thus giving a good indication of entry point.
- The Signals Tracker: track down the performance of a particular signal provider
- Read our advisors analysis about the latest market moves
- 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 - Deutsche Bank by Finotec Group Inc.
Daily Trade Analysis - USDJPY looking to for 120.73 level today by AMZ Capital
Weekly Forex Signals - Euro Hits Record Highs and Reverses by Finotec Group Inc.
Majors at a Glance
- EUR/USD
- Trades around today's pivot level at 1.3572
05/04/2007 09:13 GMT - GBP/USD
- Floating around opening price level at 1.9865 , below today's pivot at 1.9888
05/04/2007 09:13 GMT - USD/CHF
- Trades above today's pivot level at 1.2140
05/04/2007 09:13 GMT - USD/JPY
- Continues to trade around today's pivot level at 120.28
05/04/2007 09:13 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
USD AUD, Hourly
Top Market Movers Preview
US NONFARM PAYROLLS
| Date (GMT) | Event | Cons. | Previous | |
| May 4 | 12:30 | Nonfarm Payrolls | 100K | 180K |
The Week Ahead - Personal Income, Manufacturing ISM, Productivity, Nonfarm Payroll by BBVA Bancomer
Employment creation would moderate in April as suggested by high frequency data. The four-week moving average of unemployment insurance claims increased for three consecutive weeks, standing at 332,000 in the week ending April 19, the highest reading in six weeks.
[ Full Story ]- Special Event: Trade Non-Farm Payrolls LIVE
- Forex - Dollar steady ahead of key US jobs data (AFX News)
- UPDATE: Some Slowing Expected In April Job Report (Dow Jones)
- Neil Mackinnon, chief economist at ECU Group: "All eyes are on tomorrow's jobs report. The economic news this week has been better than expected and that has given the dollar some respite on the foreign exchanges." - AFX News
Daily Market Briefing - US Dollar: Stronger Going into Payrolls by FXCM
KBC News Picks - ADP points to downside risks for Friday’s Payrolls by KBC Bank
Top Market Movers Review
EMU RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 4 | 09:00 | Retail Sales (MoM) | 0.5% | 0.5% | 0.4% |
| May 4 | 09:00 | Retail Sales (YoY) | 2.6% | 2.3% | 1.2% |
DATA SNAP: Euro-Zone Retail Sales Remained Robust In March (Dow Jones)
Retail sales in the 13 countries that share the euro picked up in March from February, although the increase was lower than expected. Retail sales volumes in the euro zone rose 0.5% on the month and 2.6% on the year, the European Union's statistics agency said Friday.
[ Full Story ]- Read the Volume of retail trade up by 2.6% in euro area at Eurostat
- UPDATE: Euro-Zone Apr Service PMI 57.0 Vs 57.4 In Mar-Sources (Dow Jones)
- Euro zone March retail sales up 0.5 pct vs Feb, up 2.6 pct yr-on-yr (AFX News)
- Euro Zone PMI decreases unexpectedly in April (FXstreet.com)
EMU PURCHASING MANAGER INDEX SERVICES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 4 | 08:00 | Purchasing Manager Index Services | 57.0 | 57.6 | 57.4 |
Euro zone April services PMI falls to 57.0 from 57.4 in March - sources (AFX News)
The euro zone's services sector saw its pace of growth fall in April to its weakest level since October 2006, sources said of a key survey. The services sector purchasing managers' index for the region dropped to 57.0 from 57.4 in March, whereas analysts were expecting it to tick back up to February's level of 57.5.
[ Full Story ]- NTC Economics homepage
- Euro-Zone Apr Services PMI 57.0 Vs 57.4 In Mar - Sources (Dow Jones)
- Euro Zone PMI decreases unexpectedly in April (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| May 4 | 08:00 | EMU | Purchasing Manager Index Services (Apr) | 57.0 | 57.6 | 57.4 |
| 08:00 | SE | Riksbank Interest Rate Decision | 3.25% | 3.25% | ||
| 09:00 | EMU | Retail Sales (MoM) (Mar) | 0.5% | 0.5% | 0.4% |
|
| 09:00 | EMU | Retail Sales (YoY) (Mar) | 2.6% | 2.3% | 1.2% | |
| 12:30 | US | Average Weekly Hours (Apr) | 33.9 | 33.9 | ||
| 12:30 | US | Nonfarm Payrolls (Apr) | 100K | 180K | ||
| 12:30 | US | Unemployment Rate (Apr) | 4.5% | 4.4% | ||
| May 7 | 19:00 | US | Consumer Credit (Mar) | $5B | $3B | |
| May 8 | 14:00 | US | Wholesale Inventories (Mar) | 0.5% | 0.5% | |
| May 10 | 09:00 | UK | BOE Rate Decision | 5.25% | 5.25% | |