Monday, Jul 16, 11:02 GMT
U.S. Trading Newsletter
To Get Started
- Website Renewed! All the Forex Market news and research also in Spanish
- FXstreet.com International Traders Conference: Come to Barcelona! Enjoy the Special Early Bird Discount
- Check out the NEW Flash Charts on the Rates & Charts Section
- Have a look at Postcards from the Right Edge! The new blog by Rob Booker
Send us your feedback. Post your comments about the new newsletters' format in the Forum.
Live Sessions Schedule
FX Instructor Live Trading Room
Expert: Sunil Mangwani
Start: Mon, Jul 16, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Jul 16, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Jul 16, 11:00 GMT | Using Fibonacci levels to project price targets and timing | John Jagerson | WBN | |
| Mon, Jul 16, 13:00 GMT | FX Instructor Live Trading Room  | Sunil Mangwani | WBN | |
| Mon, Jul 16, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
| Mon, Jul 16, 15:00 GMT | Advanced Methods for Finding Dominant Trends in Forex Markets - Free-Access Day | Steve Primo | WBN | |
| Mon, Jul 16, 16:00 GMT | Trading with Tim Billups | Tim Billups | WBN |  |
Current Session: Europe - U.S.
EUR/USD
Weekly Forex Outlook - EURUSD trades at an all time high of 1.3815 to end the week by Easy Forex
EURUSD pair reached a record high in four consecutive session throughout the week, with Friday's all time high reaching 1.3815. The currency was supported by hawkish comments from ECB president Trichet on Wednesday who indicated future rate hikes may materialize.
- Postcards from the Right Edge!: New technical analysis blog by Rob Booker
- Recap of Oversold / Overbought readings at 10:00GMT 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 Daily Analysis - 16/07/'07 - US Empire State Business Conditions. by ForexYard
Daily Analysis - Dollar steady near lows, kiwi jumps as RBNZ hike eyed by Finotec Group Inc.
Weekly Forex Market Commentary - The dollar tumbled last week versus European and the commodity currencies by Global Forex Trading Ltd.
Majors at a Glance
- EUR/USD
- Moves up toward first resistant level 1.3809
07/16/2007 10:11 GMT - GBP/USD
- Moves up above first resistant level 2.0385
07/16/2007 10:11 GMT - USD/CHF
- Moves down toward first support level 1.1989
07/16/2007 10:11 GMT - USD/JPY
- Moves down below first support level 121.67
07/16/2007 10:11 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
Revisión de los indicadores económicos más relevantes
US EMPIRE MANUFACTURING
| Date (GMT) | Event | Cons. | Previous | |
| Jul 16 | 12:30 | Empire Manufacturing | 18.00 | 25.75 |
Forex Technical Analysis - EUR/USD:(1.3790) New high on move above Double Bottom off 1.3555 by KBC Bank
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "The USD bulls want the highest possible reading on this indicator, as last month's decline catched them wrong-footed and they had to watch the greenback sliding. This is an indicator that is more closely monitored these days, as some experts consider that the indicator anticipates other readings within the manufacturing sector." - FXstreet.com
Revisión de los indicadores económicos más relevantes
EMU CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 16 | 09:00 | Consumer Price Index (YoY) | 1.9% | 1.9% | 1.9% |
| Jul 16 | 09:00 | Consumer Price Index (MoM) | 0.1% | 0.1% | 0.2% |
DATA SNAP: Euro-Zone June Inflation Unchanged At 1.9% On Yr (Dow Jones)
The euro zone's annual rate of consumer-price inflation held steady for the fourth straight month in June, and remained within the European Central Bank's comfort zone. Prices in the 13 countries that share the euro rose 0.1% from May, and 1.9% from June 2006, the European Union's statistics agency said Monday.
[ Full Story ]- Read the Euro area annual inflation stable at 1.9% at Eurostat
- Euro zone June HICP up 1.9 pct yr-on-yr, unchanged vs provisional (Thomson Financial News)
- Euro Zone inflation remains steady at 1.9% year-on-year in June (FXstreet.com)
- DATA SNAP: Euro-Zone June Inflation Unchanged At 1.9% YY -2- (Dow Jones)
Germany CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 16 | 06:00 | Consumer Price Index (YoY) | 1.8% | 1.8% | 1.8% |
| Jul 16 | 06:00 | Consumer Price Index (MoM) | 0.1% | - | 0.1% |
German inflation increases 0.1% in June and 1.8% on the year (FXstreet.com)
Consumer Prices Index has risen in Germany in June according to the preliminary estimation, 0.1% from May, and 1.8% from June last year, as the latest report from Destatis shows. By products, seasonal vegetables moderated their prices, helping to keep CPI lower, while energy costs rose 2.2% on the year, pushed by a 6.2% rise on power prices.
[ Full Story ]- Read the Consumer prices in June 2007: +1.8% on June 2006 at Federal Statistics
- German June final CPI up 0.1 pct vs May; up 1.8 pct yr-on-yr (Thomson Financial News)
- DATA SNAP: German Final June CPI +0.1% MM, +1.8% On Yr -2- (Dow Jones)
- German Final June CPI +0.1% On Month; +1.8% On Year (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 16 | 06:00 | DE | Consumer Price Index (MoM) (Jun) | 0.1% | 0.1% | |
| 06:00 | DE | Consumer Price Index (YoY) (Jun) | 1.8% | 1.8% | 1.8% | |
| 09:00 | EMU | Consumer Price Index (MoM) | 0.1% | 0.1% | 0.2% | |
| 09:00 | EMU | Consumer Price Index (YoY) | 1.9% | 1.9% | 1.9% | |
| 12:30 | US | Empire Manufacturing (Jul) | 18.00 | 25.75 | ||
| 12:30 | CA | Manufacturing Shipments (MoM) (May) | 0.5% | -0.6% | ||
| 23:50 | JP | Tertiary Industry Index (MoM) (May) | 0.2% | 1.7% | ||
| Jul 17 | 07:15 | CH | Adjusted Real Retail Sales (YoY) (May) | 4.5% | 3.2% | |
| 08:30 | UK | Consumer Price Index (MoM) (Jun) | 0.2% | 0.3% | ||
| 08:30 | UK | Consumer Price Index (YoY) (Jun) | 2.4% | 2.5% | ||