Friday, Aug 17, 11:26 GMT
U.S. Trading Newsletter
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Live Sessions Schedule
Specific technical indicators and tools for tracking accurancy in FX trading
Expert: Don Wilcox
Start: Fri, Aug 17, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading with Tim Billups
Expert: Tim Billups
Start: Fri, Aug 17, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Aug 17, 12:00 GMT | Asia−Pacific trading Webinar | Abdul Khan | WBN | |
| Fri, Aug 17, 15:00 GMT | Specific technical indicators and tools for tracking accurancy in FX trading | Don Wilcox | WBN | |
| Fri, Aug 17, 16:00 GMT | Trading with Tim Billups  | Tim Billups | WBN | |
| Mon, Aug 20, 08:30 GMT | Asia−Pacific trading Webinar | Abdul Khan | WBN | |
| Mon, Aug 20, 10:00 GMT | What moves currencies? | Tony Juste | WBN | |
Current Session: Europe − U.S.
USD/JPY
Daily Analysis − Yen Rises to Highest Since 2006 as Investors Exit Carry Trades by Finotec Group Inc.
break below 117.20, previous week"s low, negated bullish outside week opening fresh downside extn for the pair. The longer−term recovery structure has now been negated with the latest sharp setbacks taking out key trend−low support by 115.15 today triggering latest bout of selling towards 112.00. Dailies now severley oversold.
- Raghee Horner explains how to set up the Wave on your charts
- The Signals Tracker: performance of signals providers
- Check out how pairs moved: Live Currency Rates & Charts
- 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:
The Word of Majors − EUR: Selling pressure is easing off by FXstreet.com
Daily Forex Technical Report − CHF Surges While Yen Remains Firm by ActionForex.com
Forex Technical Report − Forex Technical Report GBP/USD by iFOREX.bg
Majors at a Glance
- EUR/USD
- Moves up above first resistant level 1.3461 after bounced at first support level 1.3375
08/17/2007 10:29 GMT - GBP/USD
- Back around first support level 1.9769 after bounced at third support level 1.9650
08/17/2007 10:29 GMT - USD/CHF
- Continues to move down below third support level 1.2042
08/17/2007 10:29 GMT - USD/JPY
- Back above 113.00 after bounced at first support level 111.68
08/17/2007 10:29 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
USD JPY, Hourly
Top Market Movers Preview
US REUTERS/MICHIGAN CONSUMER SENTIMENT INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Aug 17 | 14:00 | Reuters/Michigan Consumer Sentiment Index | 88.2 | 90.4 |
Friday Notes - Fear of a credit crunch intensifies by HVB Group
It will surprise no one if the first round of polling for the U of Michigan survey exposes a big drop in consumer sentiment. That is already the message of the daily Rasmussen consumer index, a relatively new but useful barometer of confidence. The reason is obvious: the turbulent stock market. Steadier gasoline prices probably kept the U of Michigan index from plunging all the way to June's depressed level, however.
[ Full Story ]Top Market Movers Review
Germany PRODUCER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 17 | 06:00 | Producer Price Index (MoM) | -0.1% | 0.3% | 0.2% |
| Aug 17 | 06:00 | Producer Price Index (YoY) | 1.1% | 1.4% | 1.7% |
German PPI, lower than expected in July (FXstreet.com)
Prices at producer level have risen lower than expected in July, due to a decrease in energy prices, according to the monthly report released by the German Statistics Office.
[ Full Story ]- Read the German PPI report at Destatis
- German July PPI down 0.1 pct from June, up 1.1 pct year−on year (Thomson Financial News)
- DATA SNAP: German July PPI −0.1% On Month, +1.1% On Year (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 17 | 05:00 | JP | Leading Economic Index (Jun) | 72.7 | 40.9 | |
| 06:00 | DE | Producer Price Index (MoM) (Jul) | -0.1% | 0.3% | 0.2% | |
| 06:00 | DE | Producer Price Index (YoY) (Jul) | 1.1% | 1.4% | 1.7% | |
| 14:00 | US | Reuters/Michigan Consumer Sentiment Index (Aug)  | 88.2 | 90.4 | ||
| Aug 20 | 08:30 | UK | M4 Money Supply (MoM) | 0.7% | ||
| 08:30 | UK | Public Sector Net Borrowing | 7.4 | |||
| 09:00 | EMU | Trade Balance s.a. | €1.7B | |||
| Aug 21 | 09:00 | DE | ZEW Survey − Economic Sentiment | 10.4 | ||
| 11:00 | CA | Bank of Canada Consumer Price Index Core (MoM) | 0% | |||
| 11:00 | CA | Consumer Price Index (MoM) | -0.2% | |||