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U.S. Trading Newsletter
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Live Sessions Schedule
Technical Analysis Bootcamp: The indicators you need to know and how to interpret them
Expert: Dan Blystone
Start: Tue, Jun 12, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Event trading and technical analysis
Expert: Don Wilcox
Start: Tue, Jun 12, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Tue, Jun 12, 13:00 GMT | Raghee Horner's Four Step Trading: Forex  | Raghee Horner | WBN |  |
| Tue, Jun 12, 14:00 GMT | Technical Analysis Bootcamp: The indicators you need to know and how to interpret them | Dan Blystone | WBN | |
| Tue, Jun 12, 15:00 GMT | Event trading and technical analysis | Don Wilcox | WBN | |
| Tue, Jun 12, 16:00 GMT | The 3 "Secrets" to Trading Success | Markus Heitkoetter | WBN | |
| Tue, Jun 12, 21:00 GMT | FX Daily Wrap Up | Derek Frey | WBN |  |
Current Session: Europe - U.S.
GBP/USD
Forex Technical Report - Forex Technical Report GBP/USD by iFOREX.bg
GBP/USD Open 1.9687 High 1.9752 Low 1.9654 Close 1.9698. Yesterday's trading was quiet and the Pound was trading in the range 1.9652 - 1.9696 US Dollars. This morning the currency pair was exchanging at levels 1.9696 - 1.9751.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- Recap of Overbought/Oversold readings at 09:45GMT 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:
Weekly Forex Outlook - Four Central Bank announcements, and only one hike by Easy Forex
Forex Daily Analysis - 12/06/'07 - Dollar on the War Path! by ForexYard
EUR/USD Daily Technical Forex - EUR/USD Daily Technical Forex by Stoploss.ch
Majors at a Glance
- EUR/USD
- Moves down below pivot level 1.3355
06/12/2007 10:42 GMT - GBP/USD
- Back above 1.9730 , above pivot level 1.9680 , after bounced at 1.9690
06/12/2007 10:42 GMT - USD/CHF
- Trades around first resistant level 1.2405
06/12/2007 10:42 GMT - USD/JPY
- Continues to trade above pivot level 121.69
06/12/2007 10:42 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 FED'S BEIGE BOOK
| Date (GMT) | Event | Cons. | Previous | |
| Jun 13 | 18:00 | Fed's Beige Book | - | - |
Friday Notes - Italy: Draghi's wake up call by HVB Group
The summary of observations about the business situation compiled by regional Fed banks will stress the rebound in growth in Q2, after the low Q1 GDP reading. We expect more comments about tightness in the labor market. What will be interesting are any comments on whether higher energy costs are being passed through more quickly than last year.
[ Full Story ]Top Market Movers Review
EMU INDUSTRIAL PRODUCTION S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 12 | 09:00 | Industrial Production w.d.a. (YoY) | 2.8% | 4.3% | 4.0% |
| Jun 12 | 09:00 | Industrial Production s.a. (MoM) | -0.8% | 0.2% | 0.5% |
UPDATE: Euro-Zone Apr Factory Output -0.8% MM, +2.8% YY (Dow Jones)
Euro-zone industrial production declined in April, led by output slumps in Germany and Ireland. According to figures released Tuesday by the European Union statistics agency Eurostat, industrial production fell 0.8% from March, and was up 2.8% from April 2006.
[ Full Story ]- Read the report: Industrial production down by 0.8% in euro area at Eurostat
- Euro zone April industrial output down 0.8 pct from March, up 2.8 pct yr-on-yr (AFX News)
- Euro Zone’s Industrial Production decreases unexpectedly in April (FXstreet.com)
- DATA SNAP: Euro-Zone Apr Factory Output -0.8% MM, +2.8% YY (Dow Jones)
Friday Notes - Italy: Draghi's wake up call by HVB Group
UK CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 12 | 08:30 | Consumer Price Index (MoM) | 0.3% | 2.6% | 0.3% |
European Market Update - UK CPI Declines; Core CPI Unexpectedly Rises by Trade The News
Over in the UK May consumer prices remained unchanged at 0.3% m/m, and declined my more than expected to 2.5% y/y, while core CPI unexpectedly rose to 1.9%. The retail price index declined to 0.4% m/m, and 4.3% y/y as expected.
[ Full Story ]- Read the report: CPI down to 2.5%, RPI at 4.3% at National Statistics
- Forex - Pound eases after UK CPI falls as expected UPDATE (AFX News)
- DATAWATCH UK inflation dips as expected but rate hike still looming UPDATE (AFX News)
- DATAWATCH UK inflation dips as expected but rate hike still looming (AFX News)