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Live Sessions Schedule
Watch Live Coverage of the US GDP
Expert: Jerry Furst
Start: Thu, May 31, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
Raghee Horner's Four Step Trading: Forex
Expert: Raghee Horner
Start: Thu, May 31, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Thu, May 31, 11:30 GMT | Watch Live Coverage of the US GDP | Jerry Furst | WBN | |
| Thu, May 31, 13:00 GMT | Raghee Horner's Four Step Trading: Forex  | Raghee Horner | WBN | |
| Thu, May 31, 14:00 GMT | Technical Analysis Q&A | Tony Juste | WBN |  |
| Thu, May 31, 16:00 GMT | Trading with Tim Billups | Tim Billups | WBN | |
| Thu, May 31, 17:00 GMT | 24 hour Outlook | John Putman | WBN | |
Current Session: Europe - U.S.
EUR/USD
Weekly Forex Market Commentary - The dollar rallied higher last week by Global Forex Trading Ltd.
One week after recovering from a four-week low of 1.3463, the euro/dollar traded sideways and got stuck in an inside range. The pair remains at a crossroads here: in the short term, there is a head-and-shoulders formation targeting 1.3375; in the medium term there are hopes for a further upmove to the target of a bullish flag in the 1.3800 area.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- At the Open. Got any clues? by Tony Juste
- The Signals Tracker: track down the performance of a particular signals provider
- 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
Other Topics for this Session:
EUR/USD Daily Outlook - EUR/USD Daily Outlook by AceTrader
Forex Technical Report - Forex Technical Report EUR/USD by iFOREX.bg
Forex Daily Analysis - Will the dollar move Crude Oil back down again? by ForexYard
Majors at a Glance
- EUR/USD
- Stays above pivot level 1.3430
05/31/2007 09:47 GMT - GBP/USD
- Stays below pivot level 1.9774 after bounced at yesterday low 1.9734
05/31/2007 09:48 GMT - USD/CHF
- Floating around pivot level 1.2256
05/31/2007 09:47 GMT - USD/JPY
- Continues to trade above pivot level 121.57
05/31/2007 09:47 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : CMS Forex, Danske Bank A/S, Finotec Group Inc., FXstreet.com, Global Forex Trading Ltd. , Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
US GROSS DOMESTIC PRODUCT ANNUALIZED
| Date (GMT) | Event | Cons. | Previous | |
| May 31 | 12:30 | Gross Domestic Product Annualized | 0.8% | 1.3% |
The Week Ahead - Consumer Confidence, FOMC Minutes, GDP, NFP, Manufacturing ISM and PCE by BBVA Bancomer
First quarter GDP growth would be revised down to a seasonally adjusted annual rate of 0.8% from a previously reported 1.3%.
[ Full Story ]- Special Webinar: Watch Live Coverage of the US GDP with Jerry Furst
Top Market Movers Review
EMU CONSUMER PRICE INDEX ESTIMATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 31 | 09:00 | Consumer price index Estimate | 1.9% | 1.9% | 1.9% |
DATA SNAP: Euro-Zone May Inflation Unchanged At 1.9% On Year (Dow Jones)
Consumer-price inflation in the euro zone in May was unchanged from April at 1.9%, in line with the European Central Bank's target of price stability, preliminary data from the European Union's statistics office showed Thursday.
[ Full Story ]- Read the Euro area inflation estimated at 1.9% at Eurostat
- Euro zone May prov HICP up 1.9 pct vs 1.9 pct in April (AFX News)
- Euro Zone CPI estimate grows 1.9% in May (FXstreet.com)
UK M4 MONEY SUPPLY
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 31 | 08:30 | M4 Money Supply (YoY) | 13.3% | 13.3% | 13.3% |
| May 31 | 08:30 | M4 Money Supply (MoM) | 1.3% | 1.4% | 1.4% |
UK April final M4 money supply up 1.3 pct on month, up 13.3 pct yr-on-yr - BoE (AFX News)
The UK's broad measure of money supply continued to grow at a strong pace during April, figures from the Bank of England confirmed today. In its second release of the money supply during the month, the central bank said its preferred M4 measure rose by a monthly 1.3 pct, and by 13.3 pct year-on-year.
[ Full Story ]- Read the M4 lending data at Bank of England
- Consumer lending falls sharply in April in the UK (FXstreet.com)
- UK April consumer credit drops to 10-yr low, mortgage lending slows again - BoE (AFX News)
- UK April Consumer Lending Table Of Data (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| May 31 | 08:30 | UK | Net Consumer Credit (Apr) | 1.189B | 0.900B | 0.686B |
| 09:00 | EMU | Consumer price index Estimate (May) | 1.9% | 1.9% | 1.9% | |
| 09:00 | EMU | Economic Confidence (May) | 111.9 | 111.0 | 111.0 | |
| 09:00 | EMU | Industrial Confidence (May) | 6 | 7 | 7 | |
| 12:30 | CA | Gross Domestic Product (MoM) (Mar) | 0.5% | 0.4% | ||
| 12:30 | CA | Gross Domestic Product Annualized (1Q) | 3.3% | 1.4% | ||
| 12:30 | US | Gross Domestic Product Annualized (1Q)  | 0.8% | 1.3% | ||
| 12:30 | CA | Gross Domestic Product Deflator (1Q) | 5.0% | 1.3% | ||
| 12:30 | US | Initial Jobless Claims (May 26) | 310 | 311K | ||
| 12:30 | US | Personal Consumption (Mar) | 4.1% | 3.8% | ||