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U.S. Trading Newsletter
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- Fed Meeting Review by FXstreet.com
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Live Sessions Schedule
Emerging Market Currencies
Expert: John Jagerson
Start: Fri, Aug 10, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading with Tim Billups
Expert: Tim Billups
Start: Fri, Aug 10, 16:00 GMT
Sponsored by:
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Aug 10, 12:00 GMT | Emerging Market Currencies | John Jagerson | WBN | |
| Fri, Aug 10, 16:00 GMT | Trading with Tim Billups  | Tim Billups | WBN | |
| Mon, Aug 13, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Mon, Aug 13, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
| Mon, Aug 13, 13:00 GMT | FX Instructor Live Trading Room | Sunil Mangwani | WBN |  |
Current Session: Europe − U.S.
GBP/USD
Forex Technical Report − Forex Technical Report GBP/USD by iFOREX.bg
GBP/USD 2.0229 − 10 August 2007.
GBP/USD Open 2.0226 High 2.0392 Low 2.0211 Close 2.0233.
Resistance for the Cable is 2.0465, which is 62.2% correction of the drop 2.0648 − 2.01158, as well as a top for this week. Its convincing break leads to test of the 26 year top at 2.0648.
- 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:
Daily Forex Technical Report − Yen Extends Rally, More Upside Expected by ActionForex.com
The Word of Majors − EUR Prices continue to drift more or less sideways by Jyske Bank
Daily Forex Outlook − BNP Paribas freeze funds causing plunge in global markets by Easy Forex
Majors at a Glance
- EUR/USD
- Floating around opening price level 1.3678 , below pivot level 1.3716
08/10/2007 10:49 GMT - GBP/USD
- Trades slightly above first support level 2.0161
08/10/2007 10:49 GMT - USD/CHF
- Stays below pivot level 1.1958
08/10/2007 10:49 GMT - USD/JPY
- Stays below opening price level 118.16 , below pivot level 118.69
08/10/2007 10:49 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 IMPORT PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Aug 10 | 12:30 | Import Price Index (YoY) | 2.5% | 2.3% |
| Aug 10 | 12:30 | Import Price Index (MoM) | 0.6% | 0.9% |
US economic indicators - Productivity probably rose more strongly in Q2 by BHF−Bank
Import prices had already increased by a total of 5.5% from February to June. But as average petroleum prices continued to rise by about 10% mom, we expect them to have gone up sharply again by 1.5% mom in July.
[ Full Story ]Top Market Movers Review
France INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 10 | 06:45 | Industrial Production (MoM) | -0.5% | 0.4% | 0.5% |
DATA SNAP: French June Industrial Output −0.5% On Month (Dow Jones)
French industrial production declined in June, pulled by continued sagging automobile output, data released by French national statistics office Insee showed Friday.
[ Full Story ]- Read the Industrial production index at Insee
- French June industrial output down 0.5 pct vs May; consensus up 0.3 pct (Thomson Financial News)
- French Industrial Production declines 0.5 in June (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 10 | 05:00 | JP | Consumer Confidence Households (Jul) | 44.4 | 46.0 | 45.0 |
| 06:45 | FR | Industrial Production (MoM) (Jun) | -0.5% | 0.4% | 0.5% |
|
| 11:00 | CA | Net Change in Employment (Jul) | 11.3 | 23.5 | 34.8 | |
| 11:00 | CA | Unemployment Rate (Jul) | 6.0% | 6.1% | 6.1% | |
| 12:30 | US | Advance Retail Sales (Jun) | 0.3% | 1.4% | ||
| 12:30 | US | Export Price Index (MoM) (Jul) | 0.3% | 0.3% | ||
| 12:30 | US | Import Price Index (MoM) (Jun) | 0.6% | 0.9% | ||
| 12:30 | US | Import Price Index (YoY) (Jul) | 2.5% | 2.3% | ||
| 12:30 | US | Retail Sales ex Autos (MoM) (Jun)  | 0.3% | 1.3% | ||
| 14:00 | US | Business Inventories (May) | 0.3% | 0.4% | ||