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U.S. Trading Newsletter
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The Brokers (re) Evolution: NFA Regulation
Sep 29, 13:05 GMTCFTC approves approves changes requested by the NFA by FXstreet.com
NFA has received notice that the Commodity Futures Trading Commission has approved changes to NFA Financial Requirements Section 11 and the Interpretive Notice entitled "Forex Transactions." The amendments increase the minimum net capital requirement for Forex Dealer Members (FDMs) to $5,000,000.
Live Sessions Schedule
Trading with Autochartist
Expert: Raghee Horner
Start: Tue, Oct 2, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
Becoming a Professional Trader (Part 4): The 10 Power Principles of Successful Trading Systems
Expert: Markus Heitkoetter
Start: Tue, Oct 2, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Oct 2, 11:00 GMT | FX Instructor Live Trading Room | Mihai Marinescu | WBN |  |
| Tue, Oct 2, 12:00 GMT | USD benign neglect: If and When the Central banks will react to USD weakness  | Don Wilcox | WBN | |
| Tue, Oct 2, 15:00 GMT | Trading with Autochartist | Raghee Horner | WBN | |
| Tue, Oct 2, 16:00 GMT | Becoming a Professional Trader (Part 4): The 10 Power Principles of Successful Trading Systems | Markus Heitkoetter | WBN | |
Current Session: Europe − U.S.
GBP/USD
Forex Technical Report − GBP/USD Open 2.0438 High 2.0495 Low 2.0374 Close 2.0429 by iFOREX.bg
After significant rising on Friday, yesterday the Pound cheapened slightly against the US Dollar, but the up trend remains for the time being. Resistance for today is expected at the yesterday's top 2.0490, followed by the top from 26 July 2.0565, and the top from 25 July at 2.0626.
- Technical Trigger: GBP/USD at Tony Juste's blog
- 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 − Dollar Rebounds as Stocks Rally by Finotec Group Inc.
Daily Forex Commentary − The USD gained a bit of foothold by Jyske Bank
Weekly Forex Signals − Will the Sterling Reach Above 2.0500 by Finotec Group Inc
Majors at a Glance
- EUR/USD
- Trades below first support level 1.4200
10/02/2007 09:04 GMT - GBP/USD
- Back above first support level 2.0375
10/02/2007 09:05 GMT - USD/CHF
- Trades slightly below first resistant level 1.1727
10/02/2007 09:05 GMT - USD/JPY
- Moves up above pivot level 115.49
10/02/2007 09:06 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
USD JPY, Hourly
GBP USD, Hourly
Top Market Movers Preview
US PENDING HOME SALES
| Date (GMT) | Event | Cons. | Previous | |
| Oct 2 | 14:00 | Pending Home Sales (MoM) | -2.0% | -12.2% |
Ahead of the Bell: Pending Home Sales (Thomson Financial News)
The August reading of an index that tracks pending home sales nationwide should indicate how much this summer's credit woes are affecting a battered housing market.
[ Full Story ]Top Market Movers Review
EMU PRODUCER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 2 | 09:00 | Producer Price Index (MoM) | 0.1% | - | 0.3% |
Euro Zone's producer prices growth slows down in August (FXstreet.com)
Inflationary pressures at producer level seem to have eased in August, compared to July, as prices at factory gates posted a somewhat lower increase than in July, according to the latest report by the European statistics agency, Eurostat.
[ Full Story ]- Industrial producer prices up by 0.1% in euro area at Eurostat
- Euro zone Aug PPI up 0.1 pct vs July, up 1.7 pct year−on−year (Thomson Financial News)
- EU Producer Price Index rises 0.1% in Aug; 1.7% up on the month (FXstreet.com)
- DATA SNAP: Euro−Zone Aug Producer Prices +0.1%MM, +1.7%YY (Dow Jones)
EMU UNEMPLOYMENT RATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 2 | 09:00 | Unemployment Rate | 6.9% | 6.9% | 6.9% |
DATA SNAP: Euro−Zone Aug Jobless Rate Steady At Record Low (Dow Jones)
The rate of unemployment in the 13 countries that share the euro was unchanged at a record low in August amid signs that its long decline is coming to an end.
[ Full Story ]- Euro area unemployment stable at 6.9% at Eurostat
- Euro Zone's unemployment, flat at 6.9% in August (FXstreet.com)
- Euro zone August unemployment 6.9 pct, unchanged vs July; matches consensus (Thomson Financial News)
- EU Unemployment Rate remains steady at 6.9% in Aug (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 1 | 23:50 | JP | Monetary Base (YoY) | 0.7% | 0.2% | 1.0% |
| Oct 2 | 05:45 | CH | Consumer Price Index (MoM) (Sep) | 0.1% | 0.2% | -0.1% |
| 05:45 | CH | Consumer Price Index (YoY) (Sep) | 0.7% | 0.8% | 0.4% | |
| 09:00 | EMU | Producer Price Index (MoM) (Aug) | 0.1% | 0.3% | ||
| 09:00 | EMU | Producer Price Index (YoY) (Aug) | 1.7% | 1.8% | 1.8% | |
| 09:00 | EMU | Unemployment Rate (Aug) | 6.9% | 6.9% | 6.9% | |
| 14:00 | US | Pending Home Sales (MoM) (Aug) | -2.0% | -12.2% | ||
| 23:01 | UK | Nationwide Consumer Confidence (Sep) | 90 | 94 | ||
| 23:30 | AU | RBA Interest Rate Decision | 6.5% | 6.5% | ||
| Oct 3 | 01:30 | AU | Retail Sales (MoM) (Aug) | 0.3% | 0.9% | |