Wednesday, Jul 11, 11:36 GMT
U.S. Trading Newsletter
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Live Sessions Schedule
US Session Open
Expert: Ed Ponsi
Start: Wed, Jul 11, 13:30 GMT
Sponsored by: 
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Wed, Jul 11, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Wed, Jul 11, 12:00 GMT | US Pre-Market Open  | Ed Ponsi | WBN | |
| Wed, Jul 11, 13:00 GMT | Main technical theme in the currency market | Richard Lee | WBN |  |
| Wed, Jul 11, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Wed, Jul 11, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
| Wed, Jul 11, 16:00 GMT | Changing market conditions and change in trading opportunities | Dr.S.Sivaraman | WBN | |
Current Session: Europe - U.S.
EUR/USD
Forex Daily Analysis - ECB President Trichet to speak today by ForexYard
Yesterday, the greenback went on a downward freefall as it reached a new record low against the EUR and the sterling. The USD slipped to 1.3785 against the EUR, which is its lowest level against the European currency since it's debut in 1999, before stabilizing at the 1.3735 mark.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- Follow up all the currency pairs in Real Time, the Advisor Weblog 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:
Daily Recommended Trades - EUR/USD daily outlook by E-Forex
European Forex Recap by FX Solutions
Daily Forex Technical Report - Housing Worries Dollar, Yen Extends Rebound on Tumbling Stocks by ActionForex.com
Majors at a Glance
- EUR/USD
- Floating around opening price level 1.3747 , above pivot level 1.3696
07/11/2007 10:54 GMT - GBP/USD
- Back around opening price level 2.0277 , above pivot level 2.0226
07/11/2007 10:54 GMT - USD/CHF
- Continues to trade around opening price level 1.2021 , below pivot level 1.2077
07/11/2007 10:54 GMT - USD/JPY
- Moves down below first support level 121.14
07/11/2007 10:54 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/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 EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
UK RICS HOUSE PRICE BALANCE
| Date (GMT) | Event | Cons. | Previous | |
| Jul 11 | 23:01 | RICS House Price Balance | 21.0% | 23.9% |
Spot Forex Trades - Mission of GBPUSD has been completed by ForexSurvivor
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "Is the housing market in the UK losing attractive? Well, the RICS data will show what the trend is, but several studies have already issued clear warnings that the housing market may be suffering a serious slowdown as UK rates go higher. Important data to watch that will most likely have a direct effect on Cable." - FXstreet.com
Top Market Movers Review
Japan CONSUMER CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 11 | 05:00 | Consumer Confidence | 45.0 | - | 47.4 |
| Jul 11 | 05:00 | Consumer Confidence Households | 45.0 | 47.7 | 47.3 |
Japan consumer confidence falls to 30-month low in June - UPDATE (Thomson Financial News)
Japan's consumer confidence fell to its lowest level in two and a half years last month with more consumers convinced economic conditions have worsened, data from the Cabinet Office showed Wednesday. The consumer confidence index dropped to 45.0 in June from 47.3 in May, down for the second straight month, the agency said.
[ Full Story ]- Japan consumer confidence drops for 2nd straight month in June (Thomson Financial News)
- Japan Govt: June Consumer Sentiment Index 45.0 Vs May 47.3 (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 10 | 23:50 | JP | Domestic Corporate Goods Price Index (YoY) (Jun) | 2.3% | 2.4% | 2.2% |
| Jul 11 | 00:30 | AU | Westpac Consumer Confidence (Jul) | -0.6% | -2.0% | |
| 05:00 | JP | Consumer Confidence (Jun) | 45.0 | 47.4 | ||
| 05:00 | JP | Consumer Confidence Households (Jun) | 45.0 | 47.7 | 47.3 | |
| 14:30 | US | EIA Crude Oil Stocks | 3.1M | |||
| 23:01 | UK | RICS House Price Balance | 21.0% | 23.9% | ||
| Jul 12 | 01:30 | AU | Employment Change (Jun) | 39.4K | ||
| 01:30 | AU | Unemployment Rate (Jun) | 4.2% | |||
| 03:00 | JP | BoJ Interest Rate Decision | 0.5% | |||
| 04:30 | JP | Industrial Production (MoM) (May) | -0.4% | -0.2% | ||