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Live Sessions Schedule
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, May 14, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
24 hour Outlook
Expert: John Putman
Start: Mon, May 14, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Mon, May 14, 11:00 GMT | Weekly Webinar: 1st on Forex - The Week Ahead | Jerry Furst | WBN |  |
| Mon, May 14, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
| Mon, May 14, 17:00 GMT | 24 hour Outlook | John Putman | WBN | |
| Mon, May 14, 20:00 GMT | 24 hour Outlook  | John Putman | WBN | |
| Mon, May 14, 21:00 GMT | FX Daily Wrap Up | Derek Frey | WBN | |
Current Session: Europe - U.S.
EUR/USD
Forex Technical Report - The Euro made a big fall to 1.3463 by iFOREX.bg
The Euro made a big fall to 1.3463, with an unsuccessful effort to break the support at 1.3474. The reaction at this level was a little climb of the currency pair. Its quotes at the moment are near 50% of the RSI. Targets of this climb are the downtrend line across the tops 1.3688 from April 2007 and 1.3625 from May 2007, passing currently through the levels 1.3575, followed by 1.3595, and 1.3670.
- The Signals Tracker: track down the performance of a particular signals provider
- 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
- The Cable experience at our Forex Forum
Other Topics for this Session:
Global FX Daily - U.S. Edition - UK PPI data weaker than expected by Mellon Foreign Exchange
Bank Recomendations - Societe Generale, JP Morgan by Finotec Group Inc.
Forex Daily Analysis - Reversal or Correction? That is the question! by ForexYard
Majors at a Glance
- EUR/USD
- Moves up around first resistant level at 1.3548
05/14/2007 10:31 GMT - GBP/USD
- Moves down around pivot level at 1.9804
05/14/2007 10:31 GMT - USD/CHF
- Continues to trade above pivot level at 1.2189
05/14/2007 10:31 GMT - USD/JPY
- Trades around opening price level at 120.23 , above pivot level at 119.96
05/14/2007 10:31 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
UK LEADING INDICATOR INDEX
| Date (GMT) | Event | Cons. | Previous | |
| May 14 | 14:30 | Leading Indicator Index | - | 0.8% |
Daily Technical Analysis - GBP: Trying to base against the 1.9800 area but there is still more work to be done by Mizuho Corporate Bank
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "With all the stress caused by the possible (continued) rate hikes in the region, the leading indicators should show how the businesses are digesting that scenario and how the short-term outlook is like. A negative reading (anything below 0.5% should be) could cause the GBP to fall as the negative impact of the BoE policy would be felt." - FXstreet.com
Top Market Movers Review
EMU INDUSTRIAL PRODUCTION S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 14 | 09:00 | Industrial Production w.d.a. (YoY) | 3.7% | 3.6% | 4.1% |
| May 14 | 09:00 | Industrial Production s.a. (MoM) | 0.4% | 0.4% | 0.6% |
Euro Zone Industrial production grows again in March (FXstreet.com)
Industrial Output has grown 0.4% in March from February in the Euro Area and in a seasonally adjusted basis, in the last twelve months to March, Industrial Output grew 3.7%, according to data published by Eurostat. March’s figures have been slightly higher than expected, economists polled by Dow Jones Newswires had forecasted a 0.3% rise on the month.
[ Full Story ]- Read the Industrial production up by 0.4% in euro area at Eurostat
- DATA SNAP: Euro-Zone Factory Output Rose Again In March (Dow Jones)
Friday Notes - EMU housing market- a slowdown, not a recession by HVB Group
UK PRODUCER PRICE INDEX - INPUT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 14 | 08:30 | Producer Price Index - Input (MoM) | 0.7% | 0.7% | 1.2% |
| May 14 | 08:30 | Producer Price Index - Input (YoY) | -0.3% | -0.1% | 0.7% |
| May 14 | 08:30 | Producer Price Index - Output (YoY) | 2.5% | 2.5% | 2.7% |
| May 14 | 08:30 | Producer Price Index - Output (MoM) | 0.5% | 0.5% | 0.6% |
European Market Update - UK PPI Input Falls Below Estimates in April by Trade The News
April PPI input fell below estimates in the UK coming in at 0.7% m/m and –0.2% y/y. PPI output was in line with expectations at 0.5% m/m and 2.5% y/y, while PPI output core fell below estimates at 0.1% m/m, and 2.3% y/y.
[ Full Story ]- Read the Producer Prices report at National Statistics
- UK output prices remain firm in April; input prices below forecasts UPDATE (AFX News)
- Forex - Pound falls after softer-than expected PPI data, house price figures (AFX News)
- UK Factory Prices increase in April, as expected (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| May 14 | 08:30 | UK | Producer Price Index - Input (YoY) (Apr) | -0.3% | -0.1% | 0.7% |
| 08:30 | UK | Producer Price Index - Output (YoY) (Apr) | 2.5% | 2.5% | 2.7% | |
| 09:00 | EMU | Industrial Production s.a. (MoM) (Mar) | 0.4% | 0.4% | 0.6% | |
| 09:00 | EMU | Industrial Production w.d.a. (YoY) (Mar) | 3.7% | 3.6% | 4.1% | |
| 14:30 | UK | Leading Indicator Index (Mar) | 0.8% | |||
| May 15 | 06:00 | DE | Gross Domestic Product (QoQ) (1Q)  | 0.3% | 0.9% | |
| 06:00 | DE | Gross Domestic Product (YoY) (1Q) | 3.1% | 2.8% | ||
| 08:30 | UK | Consumer Price Index (MoM) (Apr) | 2.8% | 0.5% | ||
| 08:30 | UK | Consumer Price Index (YoY) (Apr) | 2.8% | 3.1% | ||
| 08:30 | UK | Retail Price Index (MoM) (Apr) | 0.6% | 0.6% | ||