Monday, Sep 03, 11:28 GMT
U.S. Trading Newsletter
To Get Started
- New NFA requirements − Francesc Riverola asks the opinion of top industry's CEO's
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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Sep 4, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
What Moves Currencies?
Expert: Tony Juste
Start: Tue, Sep 4, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Sep 3, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Mon, Sep 3, 12:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Mon, Sep 3, 13:00 GMT | FX Instructor Live Trading Room | Sunil Mangwani | WBN |  |
| Mon, Sep 3, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: Europe − U.S.
EUR/USD
Bank Recomendations − EUR : Friday's ‘spike high' above 1.3700 by Finotec Group Inc.
EUR/USD: "The August decline saw the medium term trend line tested and held at $1.3375 and the bounce from there could well be a 5 wave move completing around $1.3700. As such we are wary of a pullback to $1.3550/1.3500 again, then we will see how that develops."
- 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 FX Commentary − Daily FX Commentary by Investica Ltd
Daily Analysis − Yen Falls as BOJ May Delay Rate Increase by Finotec Group Inc.
Today's Technical Trading Points by Danske Bank A/S
Majors at a Glance
- EUR/USD
- Moves up toward pivot level 1.3656
09/03/2007 11:11 GMT - GBP/USD
- Back above pivot level 2.0169
09/03/2007 11:11 GMT - USD/CHF
- Continues to trade around opening price level 1.2076 , above pivot level 1.2052
09/03/2007 11:11 GMT - USD/JPY
- Trades around pivot level 115.96
09/03/2007 11:11 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, 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
EMU GROSS DOMESTIC PRODUCT S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Sep 4 | 09:00 | Gross Domestic Product s.a. (QoQ) | 0.3% | 0.7% |
| Sep 4 | 09:00 | Producer Price Index (YoY) | 1.7% | 2.3% |
Friday Notes - ECB: Rate Hike Postponed For Now by HVB Group
Eurozone GDP growth in Q2 2007 fell below trend for the first time since late 2005. We suspect that fixed investment was the main area of weakness, mostly due to a (physiological) correction in construction.
[ Full Story ]Top Market Movers Review
UK PMI MANUFACTURING INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 3 | 08:30 | PMI Manufacturing Index | 56.3 | 55.0 | 55.9 |
UK Aug Mfg PMI 56.3 Vs 55.9 In July − Sources (Dow Jones)
The purchasing managers index for the U.K.'s manufacturing sector surged to 56.3 in August from 55.9 in July, market sources said Monday. The data indicate that activity in the sector continued to expand at a robust pace and stronger than expected.
[ Full Story ]- UK PMI Manufacturing Index higher than expected in August (FXstreet.com)
- United Kingdom Aug PMI Manufacturing Index up to 56.3 (FXstreet.com)
Friday Notes - ECB: Rate Hike Postponed For Now by HVB Group
EMU PMI MANUFACTURING INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 3 | 08:00 | PMI Manufacturing Index | 54.3 | 54.2 | 54.9 |
Euro−Zone August Mfg PMI 54.3 Vs 54.9 In July − Sources (Dow Jones)
The purchasing managers index for the euro zone's manufacturing sector fell to 54.3 in August from 54.9 in July, market sources saidMonday.
[ Full Story ]- Euro zone Aug manufacturing PMI revised up to 54.3 from 54.2 − sources (Thomson Financial News)
- Euro Zone PMI Manufacturing posted slightly better than expected in August (FXstreet.com)
- EU Aug PMI Manufacturing Index decreases to 54.3 vs 54.9 (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 3 | 07:55 | DE | PMI Manufacturing Index (Aug) | 56.0 | 56.2 | 56.8 |
| 08:00 | EMU | PMI Manufacturing Index (Aug) | 54.3 | 54.2 | 54.9 | |
| 08:30 | UK | PMI Manufacturing Index (Aug) | 56.3 | 55.0 | 55.9 |
|
| Sep 4 | 09:00 | EMU | Gross Domestic Product s.a. (QoQ) (2Q) | 0.3% | 0.7% | |
| 09:00 | EMU | Gross Domestic Product s.a. (YoY) (2Q) | 2.5% | 2.5% | ||
| 09:00 | EMU | Producer Price Index (MoM) (Jul) | 0.1% | 0.1% | ||
| 09:00 | EMU | Producer Price Index (YoY) (Jul) | 1.7% | 2.3% | ||
| 14:00 | US | ISM Manufacturing (Aug) | 53.0 | 53.8 | ||
| 23:01 | UK | Nationwide Consumer Confidence (Aug) | 94 | 96 | ||
| 23:30 | AU | RBA Interest Rate Decision | 6.5% | 6.5% | ||