Friday, Jun 29, 11:04 GMT
U.S. Trading Newsletter
To Get Started
- FXstreet.com International Traders Conference: Come to Barcelona! Enjoy the Special Early Bird Discount
- Be prepared for the next Non-Farm Payrolls - Trade it LIVE with Wayne McDonell
- Who is going to be the FX Trader of the year? Find it out in the Forum
- Fed Meeting Review by FXstreet.com
Send us your feedback. Post your comments about the new newsletters' format in the Forum.
Live Sessions Schedule
Live Trading
Expert: Tony Juste
Start: Fri, Jun 29, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading with Tim Billups
Expert: Tim Billups
Start: Fri, Jun 29, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Fri, Jun 29, 10:00 GMT | What moves currencies? - Wrapping-Up the Week, Month, Quarter and 1st Half | Tony Juste | WBN | |
| Fri, Jun 29, 14:00 GMT | Live Trading | Tony Juste | WBN | |
| Fri, Jun 29, 16:00 GMT | Trading with Tim Billups  | Tim Billups | WBN | |
| Mon, Jul 2, 10:00 GMT | What moves currencies? | Tony Juste | WBN | |
| Mon, Jul 2, 11:00 GMT | Weekly Webinar: 1st on Forex - The Week Ahead | Jerry Furst | WBN |  |
Current Session: Europe - U.S.
EUR/USD
Global FX Daily - U.S. Edition - EUR stronger in Europe by Mellon Foreign Exchange
EUR-USD has also stabilised. In fact the EUR has been strong across the board this morning, with EUR-USD nudging above resistance at 1.3485. If this can be sustained in early North American trading there is room up towards the 1.3530-50 area, but major gains look unlikely.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- EUR/USD & USD/CHF triggers pay off extremely fast; Euro is now in extreme overbought territory 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:
US Trading Preview - The dollar is firmer against the yen by Forexnews.com
Forex Technical Report - Forex Technical Report GBP/USD by iFOREX.bg
Daily Forex Technical Report - Focus Turning to PCE by ActionForex.com
Majors at a Glance
- EUR/USD
- Moves up above pivot level 1.3450
06/29/2007 10:42 GMT - GBP/USD
- Continues to trade around pivot level 2.0015
06/29/2007 10:42 GMT - USD/CHF
- Trades around pivot level 1.2306
06/29/2007 10:42 GMT - USD/JPY
- Floating around first resistant level 123.42
06/29/2007 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
USD JPY, Hourly
Top Market Movers Preview
US CORE PERSONAL CONSUMPTION EXPENDITURE
| Date (GMT) | Event | Cons. | Previous | |
| Jun 29 | 12:30 | Core Personal Consumption Expenditure (YoY) | 1.9% | 2.0% |
| Jun 29 | 12:30 | Core Personal Consumption Expenditure (MoM) | 0.1% | 0.1% |
Daily Forex Technical Report - Focus Turning to PCE by ActionForex.com
Dollar continues to be mixed as markets' focus is turning to PCE data today. In particular, Core PCE deflator is expected to continues the moderation and dropped to 1.9% in May, the first reading below 2.0% since Feb 06.
[ Full Story ]Top Market Movers Review
EMU CONSUMER PRICE INDEX ESTIMATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 29 | 09:00 | Consumer price index Estimate | 1.9% | 1.9% | 1.9% |
DATA SNAP: Euro-Zone June Inflation Rate Unch At +1.9% On Yr (Dow Jones)
The annual rate of consumer-price inflation in the 13 countries that share the euro was unchanged at 1.9% in June, and in line with the European Central Bank's target of price stability, preliminary data from the European Union's statistics office showed Friday.
[ Full Story ]- Read the Euro area inflation estimated at 1.9% at Eurostat
- Euro zone June prov HICP up 1.9 pct yr-on-yr, unchanged from May rise (Thomson Financial News)
- Inflation in the Euro Zone remains steady at 1.9% in June (FXstreet.com)
- EU Jun Consumer price index Estimate flat at 1.9% (FXstreet.com)
UK GROSS DOMESTIC PRODUCT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 29 | 08:30 | Gross Domestic Product (YoY) | 3.0% | 2.9% | 3.0% |
| Jun 29 | 08:30 | Gross Domestic Product (QoQ) | 0.7% | 0.7% | 0.7% |
DATA SNAP: UK 1Q Annual GDP +3.0%; Savings Ratio Plummets (Dow Jones)
The U.K. economy grew at a slightly faster rate in the first quarter of the year than was previously estimated, but the household saving ratio dropped to its lowest level in almost half a century, data from the Office for National Statistics showed Friday. Gross domestic product expanded an unrevised 0.7% on the quarter in January-March.
[ Full Story ]- Read the GDP Growth: Economy rose by 0.7% in Q1 2007 at National Statistics
- UK 1Q 2007 Current Account Table of Data (Dow Jones)
- UK Q1 GDP unrevised at 0.7% (FXstreet.com)
- UK Q1 GDP up quarterly 0.7 pct; savings ratio slumps to lowest level since 1960 (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 29 | 09:00 | EMU | Consumer Confidence (Jun) | -2 | -1 | -1 |
| 09:00 | EMU | Consumer price index Estimate (Jun) | 1.9% | 1.9% | 1.9% | |
| 09:00 | EMU | Industrial Confidence (Jun) | 6 | 5 | 6 | |
| 09:30 | UK | Gfk Consumer Confidence (Jun) | -3 | -3 | -2 | |
| 12:30 | US | Core Personal Consumption Expenditure (MoM) (May) | 0.1% | 0.1% | ||
| 12:30 | US | Core Personal Consumption Expenditure (YoY) (May) | 1.9% | 2.0% | ||
| 12:30 | CA | Gross Domestic Product (MoM) (Apr) | 0.3% | 0.3% | ||
| 12:30 | US | Personal Consumption Expenditure Deflator (May) | 2.4% | 2.2% | ||
| 12:30 | US | Personal Income (May) | 0.6% | -0.1% | ||
| 12:30 | US | Personal Spending (May) | 0.7% | 0.5% | ||