Wednesday, Sep 26, 11:17 GMT
U.S. Trading Newsletter
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Live Sessions Schedule
US Pre−Market Open
Expert: Ed Ponsi
Start: Wed, Sep 26, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
Main Fundamental theme in the Currency market
Expert: Boris Schlossberg
Start: Wed, Sep 26, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Sep 26, 12:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN | |
| Wed, Sep 26, 13:00 GMT | Main Fundamental theme in the Currency market | Boris Schlossberg | WBN | |
| Wed, Sep 26, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Wed, Sep 26, 14:00 GMT | Gaps: Trading opportunities | Valeria Bednarik | WBN | |
Current Session: Europe − U.S.
USD/CHF
Special Focus − Technical News Breaks by FXTechstrategy
USDCHF –Shot to a low of 1.1737 on Tuesday, its lowest price printed since Mar 20'05.This development has increased the risks for further weakness targeting its Mar 06'07 low at 1.1479 with an invalidation of there opening the door for additional pressure towards Dec'04 low at 1.1287.
- USD/CHF down from extremes by Tony Juste
- New Webinars Video − Access now Educational Sessions Recordings
- 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 − Confidence Data Sends Dollar to New Record low by Finotec Group Inc.
Daily technical research by FX Instructor
Forex Technical Report − Forex Technical Report GBP/USD by iFOREX.bg
Majors at a Glance
- EUR/USD
- Back above pivot level 1.4118
09/26/2007 11:01 GMT - GBP/USD
- Trades around first support level 2.0104
09/26/2007 11:01 GMT - USD/CHF
- Trades above pivot level 1.1680
09/26/2007 11:02 GMT - USD/JPY
- Trades above first resistant level 115.16
09/26/2007 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, 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 | |
| Sep 26 | 12:30 | Durable Goods Orders ex Transportation | -0.7% | 3.7% |
| Sep 26 | 12:30 | Durable Goods Orders | -3.0% | 5.9% |
Friday Notes - Fed Eases, ECB Pauses by HVB Group
The monthly swings in durable goods orders reflect the erratic pattern of Boeing civilian aircraft orders. More interesting is the category "non−defense capital goods orders excluding aircraft."
[ Full Story ]Top Market Movers Review
UK CURRENT ACCOUNT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 26 | 08:30 | Current Account | -£9.1B | -£11.5B | -£10.6B |
UK Q2 current account deficit narrows UPDATE (Thomson Financial News)
The UK's current account deficit in the second quarter narrowed to 9.1 bln stg from 10.6 bln stg in the first three months of the year, official figures from the Office for National Statistics showed today.
[ Full Story ]- Read the 2007 Q2: UK deficit falls report at National Statistics
- UK Q2 current account deficit narrows (Thomson Financial News)
- DATA SNAP: UK 2Q Curr Acct Deficit Narrows Sharply (Dow Jones)
UK GROSS DOMESTIC PRODUCT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 26 | 08:30 | Gross Domestic Product (QoQ) | 0.8% | 0.8% | 0.8% |
| Sep 26 | 08:30 | Gross Domestic Product (YoY) | 3.1% | - | 3.0% |
DATA SNAP: UK 2Q Annual GDP Growth Revised Up To 3.1% Vs 3.0% (Dow Jones)
The U.K. economy expanded at a brisker pace than originally estimated in the second quarter, driven by strong growth in the service sector and a pick−up in growth in the production industries.
[ Full Story ]- Read the GDP Growth at National Statistics
- UPDATE: UK 2Q Annual GDP Revised Up; Savings Ratio Still Low (Dow Jones)
- UK Q2 GDP annual rate revised up to 3.1 pct from 3.0 pct previously (Thomson Financial News)
- UK GDP increases 0.8% in the 2Q; 3.1% up on the year (FXstreet.com)
Daily Outlook - GBP/USD daily by Karoll
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 25 | 23:50 | JP | Merchandise Trade Balance Total (Aug) | ¥1144.909B | ¥878.306B |
|
| Sep 26 | 06:10 | DE | Gfk Consumer Confidence Survey (Oct) | 6.8 | 7.0 | 7.4 |
| 08:30 | UK | Current Account (2Q) | £-9.1B | -£11.5B | -£10.6B |
|
| 08:30 | UK | Gross Domestic Product (QoQ) (2Q) | 0.8% | 0.8% | 0.8% | |
| 08:30 | UK | Gross Domestic Product (YoY) | 3.1% | 3.0% | ||
| 09:30 | CH | KOF Swiss Leading Indicator (Sep) | 2.14 | 2.00 | 2.06 | |
| 12:30 | US | Durable Goods Orders (Aug) | -3.0% | 5.9% | ||
| 12:30 | US | Durable Goods Orders ex Transportation (Aug) | -0.7% | 3.7% | ||
| Sep 27 | 03:00 | NZ | Business Confidence (Aug) | -33.8 | ||
| 06:00 | UK | Nationwide Housing Prices n.s.a (YoY) (Sep) | 8.7% | 9.6% | ||