Friday, Aug 24, 11:24 GMT
U.S. Trading Newsletter
To Get Started
- MG Financial Response to Francesc Riverola's "Open letter to FXstreet's clients affected by NFA capital requirement changes"
- Tony Juste is back! Check the Advisor Blog now.
- FXstreet.com 1st International Traders Conference - Come and meet our renowned Speakers
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Live Sessions Schedule
Diversifying Your Forex Portfolio
Expert: S. Wade Hansen
Start: Fri, Aug 24, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading with Tim Billups
Expert: Tim Billups
Start: Fri, Aug 24, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Aug 24, 12:00 GMT | Diversifying Your Forex Portfolio  | S. Wade Hansen | WBN | |
| Fri, Aug 24, 16:00 GMT | Trading with Tim Billups | Tim Billups | WBN | |
| Mon, Aug 27, 10:00 GMT | What moves currencies? | Tony Juste | WBN | |
| Mon, Aug 27, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Mon, Aug 27, 12:00 GMT | The Next Big Move in Forex | Sam Seiden | WBN |  |
Current Session: Europe − U.S.
GBP/USD
Forex Technical Report GBP/USD by iFOREX.bg
Support is the broken top 1.9928, followed by the bottoms 1.9743 and 1.9653. in upward direction resistance is the broken bottom from 30 July at 2.0177, after which comes the top from 9 August 2.0392. Break at the last level leads to test of the 26 year top at 2.0645.
- Tony Juste is finally back! Read his last weblog posts
- 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:
Daily Forex Technical Report − Yen Recovers Mildly Against Dollar, Focus Back to US Data by ActionForex.com
Daily Majors Technical Analysis − Daily Majors Technical Analysis by Pro Pipper
Majors at a Glance
- EUR/USD
- Moves up above first resistant level 1.3590
08/24/2007 10:53 GMT - GBP/USD
- Continues to trade around pivot level 2.0002
08/24/2007 10:55 GMT - USD/CHF
- Moves down below second support level 1.2016
08/24/2007 10:55 GMT - USD/JPY
- Stays below pivot level 116.19
08/24/2007 10:57 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
US DURABLE GOODS ORDERS
| Date (GMT) | Event | Cons. | Previous | |
| Aug 24 | 12:30 | Durable Goods Orders ex Transportation | 0.6% | -0.5% |
| Aug 24 | 12:30 | Durable Goods Orders | 1.0% | 1.4% |
The Week Ahead - Durable goods orders poised to experience positive growth by BBVA Bancomer
We expect durable goods orders to moderate from June's 1.3% growth to 0.6% in July. Our forecast implies a 2.1% annual growth rate; this is substantially higher than 2007's average annual growth of 0.5%.
[ Full Story ]Trading News Report - How To Trade Durable Goods Orders With EURUSD by FXCM
Top Market Movers Review
UK GROSS DOMESTIC PRODUCT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 24 | 08:30 | Gross Domestic Product (YoY) | 3% | 3% | 3% |
| Aug 24 | 08:30 | Gross Domestic Product (QoQ) | 0.8% | 0.8% | 0.8% |
European Market Update - UK preliminary 2Q GDP was in line with expectations by Trade The News
Over in the UK preliminary second−quarter GDP was in line with analyst expectations at 0.8% q/q, and 3.0% y/y. Private consumption rose by more than expected to 0.8% from 0.5% in the first−quarter.
[ Full Story ]- Read the GDP data at National Statistics
- UK growth unrevised at 0.8% in second quarter (FXstreet.com)
- UK Q2 GDP quarterly growth 0.8 pct, unrevised; 3.0 pct growth yr−on−yr (Thomson Financial News)
- DATA SNAP: UK 2Q GDP +3.0% YY; Household Spending Supports (Dow Jones)
EMU PMI MANUFACTURING INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 24 | 08:00 | PMI Manufacturing Index | 54.2 | 54.5 | 54.9 |
| Aug 24 | 08:00 | Purchasing Manager Index Services | 57.9 | 58.0 | 58.3 |
DATA SNAP: Euro−Zone PMIs Point To Slowdown In August (Dow Jones)
The expansion of activity in the euro zone's manufacturing and service sectors slowed in August, according to preliminary estimates of the purchasing managers indexes for both sectors.
[ Full Story ]- NTC Economics homepage
- Euro zone Aug PMIs ease slightly − sources UPDATE (Thomson Financial News)
- Euro Zone PMI decreases in August (FXstreet.com)
- Euro zone Aug PMIs ease slightly − sources (Thomson Financial News)
Friday Notes - Rising risk aversion triggers growth fears by HVB Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 24 | 08:00 | EMU | PMI Manufacturing Index (Aug) | 54.2 | 54.5 | 54.9 |
| 08:00 | EMU | Purchasing Manager Index Services (Aug) | 57.9 | 58.0 | 58.3 | |
| 08:30 | UK | Gross Domestic Product (QoQ) (2Q)  | 0.8% | 0.8% | 0.8% | |
| 08:30 | UK | Gross Domestic Product (YoY) (2Q) | 3% | 3% | 3% | |
| 12:30 | US | Durable Goods Orders (Jul) | 1.0% | 1.4% | ||
| 12:30 | US | Durable Goods Orders ex Transportation (Jul) | 0.6% | -0.5% | ||
| 14:00 | US | New Home Sales (MoM) (Jul) | -1.1% | -6.6% | ||
| 14:00 | US | New Home Sales (Jul) | 825K | 834K | ||
| Aug 27 | 14:00 | US | Existing Home Sales (Jul) | 5.75M | ||
| 23:50 | JP | BoJ Minutes | ||||