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Live Sessions Schedule
Live Trading with the FX Advisor
Expert: Tony Juste
Start: Fri, Jun 8, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading with Tim Billups
Expert: Tim Billups
Start: Fri, Jun 8, 16:00 GMT
Sponsored by:
Type of Session: Webinar
| Sponsored By: | ||||
| Fri, Jun 8, 14:00 GMT | Live Trading with the FX Advisor | Tony Juste | WBN | |
| Fri, Jun 8, 16:00 GMT | Trading with Tim Billups  | Tim Billups | WBN | |
| Mon, Jun 11, 11:00 GMT | Weekly Webinar: 1st on Forex - The Week Ahead | Jerry Furst | WBN |  |
| Mon, Jun 11, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
| Mon, Jun 11, 16:00 GMT | Trading with Tim Billups | Tim Billups | WBN | |
Current Session: Europe - U.S.
EUR/USD
Global FX Daily - U.S. Edition - Canadian employment and trade and US trade deficit feature today by Mellon Foreign Exchange
EUR-USD and cable and help the USD in general. Support on EUR-USD is at 1.3300-40 and below there would signal the likelihood of further sharp declines in the short-term. EUR-USD has not closed below its 100-day moving average since October 26 and this is currently at 1.3320.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- TPrice Flash: Retracements begin from extrme readings in USD majors 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:
Forex Technical Report - Forex Technical Report GBP/USD by iFOREX.bg
The Word of Majors - EUR: The market heading down toward the 1.3394 level by FXstreet.com
Daily Technical Analysis - JPY: Again testing trendline support and the 26-day moving average at 120.81 by Mizuho Corporate Bank
Majors at a Glance
- EUR/USD
- Continues to move down toward third support level 1.3309
06/08/2007 10:58 GMT - GBP/USD
- Continues to move down below second support level 1.9627
06/08/2007 10:58 GMT - USD/CHF
- Continues to move up above second resistant level 1.2328
06/08/2007 10:58 GMT - USD/JPY
- Moves up above first resistant level 121.42
06/08/2007 10:58 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - GBP/USD
**Source : ActionForex.com, 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 TRADE BALANCE
| Date (GMT) | Event | Cons. | Previous | |
| Jun 8 | 12:30 | Trade Balance | -$63.50B | -$63.89B |
Daily Forex Outlook - US trade balance to end the week by Easy Forex
Looking ahead key data is released out of the U.S. markets today in the form of Trade Balance with markets forecasting a figure of -63.50 bln for the month of April (Previous: -63.89 bln).
[ Full Story ]- Ahead of the Bell: Trade deficit (AFX News)
The Week Ahead - ISM Services, Productivity & ULC, Wholesale Inventories & Trade Balance by BBVA Bancomer
Top Market Movers Review
Germany INDUSTRIAL PRODUCTION S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 8 | 10:00 | Industrial Production s.a. (MoM) | -2.3% | 0.5% | 0.2% |
European Market Update - European Market Update- German Factory Orders Fall Sharply by Trade The News
German industrial production for the month of April was well below expectations coming it at –2.3% mm, its lowest level since June of 2000. The y/y reading of 3.8% was below estimates of 6.5%.
[ Full Story ]- German Economy and Technology Ministry homepage
- German April industrial output falls 2.3 pct from March, below consensus (AFX News)
- Germany Apr Industrial Production s.a. decreases 2.3% on the month; 3.8% up on the year (FXstreet.com)
UK INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 8 | 08:30 | Industrial Production (YoY) | 0.4% | 0.6% | -0.4% |
| Jun 8 | 08:30 | Industrial Production (MoM) | 0.3% | 0.2% | 0.2% |
DATA SNAP: UK Manufacturing Output Picks Up Further In April (Dow Jones)
U.K. manufacturing output increased in April on broad-based gains across the sector, in particular in the transport equipment industries, data released by the Office of National Statistics showed Friday.
[ Full Story ]- Read the Manufacturing: 0.4% three-monthly fall at National Statistics
- UK Industrial Production Table Of Data For April (Dow Jones)
- DATA SNAP: UK Manufacturing Output Picks Up More In April-2- (Dow Jones)
- UK April manufacturing output up 0.3 pct vs March, up 1.3 pct year-on-year (AFX News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 8 | 10:00 | DE | Industrial Production s.a. (MoM) (Apr) | -2.3% | 0.5% | 0.2% |
| 10:00 | EMU | Leading Indicator Index (Apr) | 110 | 110 |
||
| 11:00 | CA | Net Change in Employment (May) | 9.3K | 17.0K | -5.2K | |
| 11:00 | CA | Unemployment Rate (May) | 6.1% | 6.1% | 6.1% | |
| 12:15 | CA | Housing Starts (YoY) (May) | 215.0K | 211.9K | ||
| 12:30 | US | Trade Balance | -$63.50B | -$63.89B | ||
| Jun 13 | 12:30 | US | Retail Sales (MoM) (May) | 0.6% | -0.2% | |
| 14:00 | US | Business Inventories (Apr) | 0.2% | -0.1% | ||
| 18:00 | US | Fed's Beige Book | ||||
| Jun 14 | 12:30 | US | Initial Jobless Claims (Jun 9) | 309K | ||