Friday, Jul 27, 11:01 GMT
U.S. Trading Newsletter
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Live Sessions Schedule
SPECIAL EVENT: Live Coverage and trading of the GDP report
Expert: Jerry Furst
Start: Fri, Jul 27, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
Trading with Tim Billups
Expert: Tim Billups
Start: Fri, Jul 27, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Jul 27, 11:30 GMT | SPECIAL EVENT: Live Coverage and trading of the GDP report | Jerry Furst | WBN | |
| Fri, Jul 27, 16:00 GMT | Trading with Tim Billups  | Tim Billups | WBN | |
| Mon, Jul 30, 10:00 GMT | The Next Big Move in Forex | Sam Seiden | WBN |  |
| Mon, Jul 30, 11:00 GMT | Weekly Webinar: 1st on Forex - The Week Ahead | Jerry Furst | WBN | |
| Mon, Jul 30, 12:00 GMT | US Pre-Market Open | Ed Ponsi | WBN | |
Current Session: Europe - U.S.
USD/JPY
USD/JPY Daily Technical Forex - USD/JPY Daily Technical Forex by Stoploss.ch
Current level at 11:13 CET is 119.15, having reached the 61.8 percent Fibo retracement target at 118.65 sooner than we had anticipated. The 14 day RSI is well into oversold territory at 26 percent, so a correction to the upside was inevitable.
- Postcards from the Right Edge!: New technical analysis blog by Rob Booker
- 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:
EUR/JPY Daily Technical Forex - EUR/JPY Daily Technical Forex by Stoploss.ch
Daily Forex Technical Report - Carry Trade Unwinding Dominates, Dollar Look into Q2 GDP by ActionForex.com
Forex Technical Report - Forex Technical Report GBP/USD by E-Forex
Majors at a Glance
- EUR/USD
- Continues to move down below second support level 1.3659
07/27/2007 10:59 GMT - GBP/USD
- Continues to move down below second support level 2.0355
07/27/2007 10:59 GMT - USD/CHF
- Moves up above first resistant level 1.2116
07/27/2007 10:59 GMT - USD/JPY
- Moves up toward pivot level 119.31
07/27/2007 10:59 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 GROSS DOMESTIC PRODUCT ANNUALIZED
| Date (GMT) | Event | Cons. | Previous | |
| Jul 27 | 12:30 | Gross Domestic Product Annualized | 3.2% | 0.7% |
Asia Market Update - USD continues its recovery ahead of Q2 GDP data by Trade The News
The USD continued to strengthen ahead of Q2 GDP data, with some suggesting that the market has been too pessimistic over the USD.
[ Full Story ]- Ahead of the Bell: 2nd quarter GDP (Thomson Financial News)
- Forex - Dollar strengthens further on risk aversion; GDP data in focus (Thomson Financial News)
- Carlos Leitao, chief economist at Laurentian Bank of Canada: "The U.S. GDP number will get a lot more attention, and perhaps rightly so, but I think the surprise could come from the manufacturing conditions survey, which I suspect is going to be rather pessimistic." - Financial Post
Wakeup Call on Forex Markets - US GDP figures to decide the direction of stocks by Saxo Bank
Top Market Movers Review
Germany GFK CONSUMER CONFIDENCE SURVEY
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 27 | 06:10 | Gfk Consumer Confidence Survey | 8.7 | 8.6 | 8.5 |
UPDATE: German Aug GfK Consumer Confidence 8.7 Vs July 8.5 (Dow Jones)
German consumer confidence continued to rise in August, market research group GfK said in its monthly survey Friday. GfK's forward-looking consumer climate indicator rose to 8.7 points in August to match analysts' consensus forecast in a Dow Jones Newswires survey.
[ Full Story ]- Read the report: Healthy consumer climate shows stability at GfK
- German GfK Consumer Confidence Index edges up in August (FXstreet.com)
- Germany's GfK sees August consumer climate index at 8.7 vs 8.5 in July (Thomson Financial News)
- Germany Gfk Consumer Confidence Survey improves to 8.7 in Aug from 8.5 in Jul (FXstreet.com)
Friday Notes - Global inflation: Genie out of the bottle? by HVB Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 26 | 23:30 | JP | National CPI Ex-Fresh Food (YoY) (Jun) | -0.1% | -0.1% | -0.1% |
| 23:30 | JP | Tokyo Consumer Price Index (YoY) (Jul) | -0.1% | -0.1% | -0.2% | |
| Jul 27 | 06:10 | DE | Gfk Consumer Confidence Survey (Aug) | 8.7 | 8.6 | 8.5 |
| 09:30 | CH | KOF Swiss Leading Indicator (Jul) | 2.13 | 2.01 | 2.08 |
|
| 12:30 | US | Core Personal Consumption Expenditure (QoQ) (2Q) | 2.4% | |||
| 12:30 | US | Gross Domestic Product Annualized (2Q) | 3.2% | 0.7% | ||
| 14:00 | US | Reuters/Michigan Consumer Sentiment Index (Jul) | 91.3 | 92.4 | ||
| 16:00 | DE | Consumer Price Index (MoM) (Jul)  | 0.4% | 0.1% | ||
| 16:00 | DE | Consumer Price Index (YoY) (Jul) | 1.8% | 1.8% | ||
| Jul 31 | 12:30 | US | Core Personal Consumption Expenditure (MoM) (Jun) | 0.2% | 0.1% | |