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U.S. Trading Newsletter
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The Brokers (re) Evolution: NFA Regulation
Sep 26, 14:45 GMTThe CEOs' Reply: GFT and FXCM answer to the Second Open Letter sent by FXstreet.com's CEO Francesc Riverola
The new NFA standards will not only affect the brokers but the whole industry and could even produce a big shake out in the retail FX industry.
Live Sessions Schedule
Equity Markets and the Forex Market
Expert: S. Wade Hansen
Start: Thu, Sep 27, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
How to Get Started Trading Forex
Expert: Steve Primo
Start: Thu, Sep 27, 15:00 GMT
Sponsored by:
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Sep 27, 11:30 GMT | Watch Live Coverage of the US GDP | Jerry Furst | WBN |  |
| Thu, Sep 27, 13:00 GMT | Equity Markets and the Forex Market  | S. Wade Hansen | WBN | |
| Thu, Sep 27, 13:30 GMT | Weekly Technical Briefing | Dan Blystone | WBN | |
| Thu, Sep 27, 14:15 GMT | Technical Analysis Q&A | Tony Juste | WBN | |
Current Session: Europe − U.S.
GBP/USD
Forex Technical Report − GBP/USD 2.0245 − 27 September by iFOREX.bg
GBP/USD Open 2.0154 High 2.0218 Low 2.0103 Close 2.0152
In upward direction resistance is Monday's top 2.0288, Next resistance is the top from 9 August 2.0394, after which comes the the 26 year top at 2.0643.
- Read the latest Technical Comments on Majors 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:
Hedging Range Trades − EURGBP − Hedging Strategy of the Week by FXCM
Forex Technical Analysis − EUR/USD:(1.4150) New historic high above channel off 1.3358 (see graph) by KBC Bank
Daily Outlook − USD/JPY by Karoll
Majors at a Glance
- EUR/USD
- Trades around first resistant level 1.4156
09/27/2007 11:00 GMT - GBP/USD
- Moves up toward second resistant level 2.0273
09/27/2007 11:01 GMT - USD/CHF
- Trades above opening price level 1.1702 , above pivot level 1.1688
09/27/2007 11:01 GMT - USD/JPY
- Continues to trade around opening price level 115.51 , above pivot level 115.27
09/27/2007 11:01 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 GROSS DOMESTIC PRODUCT ANNUALIZED
| Date (GMT) | Event | Cons. | Previous | |
| Sep 27 | 12:30 | Gross Domestic Product Annualized | 3.9% | 4.0% |
Daily Market Briefing - US Dollar is Struggling to Recover, Watch Out for GDP and New Home Sales by FXCM
The US dollar is struggling to recover ahead of tomorrow's figures for final second quarter GDP and new home sales. Strength was seen against all of the major currency pairs with the exception of the Australian and New Zealand dollars.
[ Full Story ]- Special Webinar: Watch Live Coverage of the US GDP with Jerry Furst
Top Market Movers Review
UK CBI DISTRIBUTIVE TRADES SURVEY − REALIZED
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 27 | 10:00 | CBI Distributive Trades Survey − Realized | 12 | - | 15 |
DATA SNAP: UK CBI Sep Retail Sales Volume +12 Vs Aug +15 (Dow Jones)
Sales volumes at U.K. retailers slowed in September, as five Bank of England rate hikes continue to weigh on consumer spending, a survey by the Confederation of British Industry Thursday showed.
[ Full Story ]- Read the Distributive Trades Report at CBI
- UK Sep retail sales see growth but pace continues to slow down − CBI UPDATE (Thomson Financial News)
- UK Sep retail sales see growth but pace continues to slow down − CBI (Thomson Financial News)
- UK CBI Retail sales post the lowest increase of the year in September (FXstreet.com)
UK INDEX OF SERVICES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 27 | 08:30 | Index of Services | 0.3% | - | 0.2% |
2nd UPDATE: UK July Services Sector Output At 37−Month High (Dow Jones)
The dominant U.K. services sector boomed in July, recording its highest rate of annual growth in more than three years, indicating that the economy was in good shape as it headed in to the recent financial market turmoil.
[ Full Story ]- Read the Index of Services report at national Statistics
- UPDATE: UK July Services Sector Output At 37−Month High (Dow Jones)
- UK services sector output up 0.3 pct in July vs June (Thomson Financial News)
- DATA SNAP: UK July Services Sector Output At 37−Month High (Dow Jones)
Germany UNEMPLOYMENT RATE S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 27 | 07:55 | Unemployment Rate s.a. | 8.8% | 8.9% | 8.9% |
German Labor Office: Unadj Sep Jobless Below 3.6 Million (Dow Jones)
The unadjusted number of unemployed people registered with the German labor office declined to below 3.6 million in September, spokesman John−Philip Hammersen said Thursday.
[ Full Story ]- Read the August 2007: Employment further increasing at German Statistics
- 2nd UPDATE: German Sep Adj Jobless Lowest Since Unification (Dow Jones)
- UPDATE: German Sep Adj Jobless Rate Lowest Since Unification (Dow Jones)
- German Sept adjusted jobless down 50,000 from Aug, more than forecast UPDATE (Thomson Financial News)
EMU economic indicators - German adjusted unemployment could have fallen by about 20k in September by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 27 | 06:00 | UK | Nationwide Housing Prices n.s.a (YoY) (Sep) | 9.0% | 8.7% | 9.6% |
| 06:00 | UK | Nationwide Housing Prices s.a (MoM) (Sep) | 0.7% | 0.3% | 0.6% | |
| 07:55 | DE | Unemployment Rate s.a. (Sep) | 8.8% | 8.9% | 8.9% |
|
| 08:00 | EMU | M3 (YoY) (Aug) | 11.6% | 11.7% | 11.7% | |
| 08:30 | UK | Index of Services (Jul) | 0.3% | 0.2% | ||
| 10:00 | UK | CBI Distributive Trades Survey − Realized (Sep) | 12 | 15 | ||
| 12:30 | US | Gross Domestic Product Annualized (2Q) | 3.9% | 4.0% | ||
| 12:30 | US | Initial Jobless Claims (Sep 21) | 315 | 311K | ||
| 12:30 | US | Initial Jobless Claims (Sep 21) | 315 | |||
| 14:00 | US | New Home Sales (Aug) | 830K | 870K | ||