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Live Sessions Schedule
US Pre−Market Open
Expert: Ed Ponsi
Start: Thu, Sep 6, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
Money Management
Expert: Don Wilcox
Start: Thu, Sep 6, 13:00 GMT
Sponsored by:
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Sep 6, 12:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN | |
| Thu, Sep 6, 13:00 GMT | Money Management | Don Wilcox | WBN | |
| Thu, Sep 6, 13:30 GMT | Weekly Technical Briefing | Dan Blystone | WBN | |
| Thu, Sep 6, 14:00 GMT | Technical Analysis Q&A | Tony Juste | WBN | |
Current Session: Europe − U.S.
GBP/USD
Forex Daily Analysis − 06/09/'07 − Packed calendar In US and Europe today by ForexYard
The cable is in the middle of an uptrend that started at 1.9650, and according to the daily chart still has some more momentum to continue. The slow stochastic on the 4 Hour chart is showing a bearish cross indicating that there could be a correction move before the uptrend continues.
- GBP/USD pays off the MACD bearish trigger before the BoE decision by Tony Juste
- TRENDEX: Real−time market comments and trading tips. Get your Trial Account now!
- 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 Analysis − BOE, ECB Act to Protect Economies From Higher Rate by Finotec Group Inc
Picking Tops and Bottoms − EUR/AUD: Corrective Decline is a Bullish Sign by FXCM
Forex Technical Report − Forex Technical Report GBP/USD by iFOREX.bg
Majors at a Glance
- EUR/USD
- Moves up toward first resistant level 1.3688
09/06/2007 11:02 GMT - GBP/USD
- Continues to move up toward first resistant level 2.0267
09/06/2007 11:02 GMT - USD/CHF
- Back around opening price level 1.2042 , below pivot level 1.2065
09/06/2007 11:02 GMT - USD/JPY
- Trades below pivot level 115.58
09/06/2007 11:02 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 ECB INTEREST RATE DECISION
| Date (GMT) | Event | Cons. | Previous | |
| Sep 6 | 11:45 | ECB Interest Rate Decision | 4% | 4% |
ECB and BoE meeting Preview by FXstreet.com
The ECB is still debating whether to go with a move in its current 4% interest rate or not. The Bank passed from a hawkish tone in July to a very dovish outlook as the US sub−prime market collapsed.
- ECB says stands ready to act if money market volatility persists tomorrow UPDATE (Thomson Financial News)
- ECB May Act Thursday If Euro Money Market Volatility Persists (Dow Jones)
- Tony Juste, FX Advisor at FXstreet.com: "The Euro rises as the the European Central Bank said Wednesday that euro money market volatility has increased and it may take action Thursday to 'contribute to orderly conditions'." − FXstreet.com
Top Market Movers Review
UK BOE INTEREST RATE DECISION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 6 | 11:00 | BoE Interest Rate Decision | 5.75% | 5.75% | 5.75% |
The BOE keeps interest rates unchanged at 5.75% (FXstreet.com)
The Monetary Policy Committee of the Bank of England has decided to maintain interest rates at 5.75% after their monthly meeting held on Thursday.
[ Full Story ]- Read the Bank of England Maintains Bank Rate at 5.75% report at Bank of England
- Forex − Pound softens a bit after BoE decision to leave rates unchanged (Thomson Financial News)
- The BoE announces monitoring on credit markets and households (FXstreet.com)
- Bank Of England Statement In Full (Dow Jones)
ECB and BoE meeting Preview by FXstreet.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 6 | 08:30 | UK | Industrial Production (MoM) (Jul) | -0.1% | 0.2% | 0% |
| 10:00 | DE | Factory Orders (MoM) (Jul) | -7.1% | -2.5% | 5.1% |
|
| 10:00 | DE | Factory Orders (YoY) (Jul) | 9.8% | 10.5% | 15.9% | |
| 11:00 | UK | BoE Interest Rate Decision | 5.75% | 5.75% | 5.75% | |
| 11:45 | EMU | ECB Interest Rate Decision | 4% | 4% | ||
| 12:30 | CA | Building Permits (MoM) | -1.5% | -0.4% | ||
| 12:30 | EMU | ECB's Trichet Speaks | ||||
| 12:30 | US | Initial Jobless Claims (Sep 1) | 328K | 334K | ||
| 12:30 | US | Nonfarm Productivity (2Q) | 2.3% | 1.8% | ||
| 12:30 | US | Unit Labor Costs (2Q) | 1.6% | 2.1% | ||