Wednesday, Oct 10, 11:03 GMT
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Live Sessions Schedule
FX Instructor Live Trading Room
Expert: Sunil Mangwani
Start: Wed, Oct 10, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Level of Sentiment in the FX Market
Expert: Antonio Sousa
Start: Wed, Oct 10, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Oct 10, 11:00 GMT | FX Instructor Live Trading Room  | Sunil Mangwani | WBN | |
| Wed, Oct 10, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
| Wed, Oct 10, 13:00 GMT | Level of Sentiment in the FX Market | Antonio Sousa | WBN | |
| Wed, Oct 10, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: Europe − U.S.
GBP/USD
Forex Technical Report − Very active session for the GBP/USD by iFOREX.bg
GBP/USD Open 2.0356 High 2.0388 Low 2.0375 Close 2.0355.
The Pound/Dollar was very active yesterday. After stopping before yesterday's 21 day MA 2.0255, the currency couple recovered the from from the beginning of the day. Today the uptrend continued.
- GBP/USD edges higher, hits extreme OB levels again 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:
Preview Strategies for − Preview Strategies for US SESSION 10/10/2007 by AKforex
Daily technical research − Daily technical research by FX Instructor
EUR/USD Briefing − Expensive Euro could reflect on economic releases by Nexum Capital Markets
Majors at a Glance
- EUR/USD
- Continues to move up toward first resistant level 1.4140
10/10/2007 09:03 GMT - GBP/USD
- Continues to move up toward second resistant level 2.0470
10/10/2007 09:04 GMT - USD/CHF
- Moves down toward first support level 1.1808
10/10/2007 09:04 GMT - USD/JPY
- Trades between pivot level 117.14 and first resistant level 117.48 with narrow daily range
10/10/2007 09:05 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 WHOLESALE INVENTORIES
| Date (GMT) | Event | Cons. | Previous | |
| Oct 10 | 14:00 | Wholesale Inventories | 0.3% | 0.2% |
US economic indicators - Trade balance could have narrowed slightly again in August by BHF−Bank
Wholesale inventories could have gone up a little more strongly by 0.3% mom in August, but growth in retail inventories might have slowed noticeably.
[ Full Story ]- Ahead of the Bell: Wholesale Trade (Thomson Financial News)
Top Market Movers Review
France INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 10 | 06:45 | Industrial Production (YoY) | 1.8% | 1.2% | 2.6% |
| Oct 10 | 06:45 | Industrial Production (MoM) | 0.3% | -0.3% | 1.7% |
DATA SNAP: French Aug Indus Output +0.3% On Month (Dow Jones)
French industrial production rose 0.3% on the month in August after a revised 1.7% increase in July, France's Insee national statistics office said Wednesday. The market was expecting a 0.3% decline on the month in August, after an initial reading of a 1.3% rise in July.
[ Full Story ]- Read the Industrial Production Index at Insee
- French industrial production increased unexpectedly in August (FXstreet.com)
- French Aug industrial output up 0.3 pct from July; consensus down 0.2 pct (Thomson Financial News)
- France Aug Industrial Production increases 0.3%; −0.3% expected (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 10 | 00:30 | AU | Westpac Consumer Confidence (Oct) | -0.3% | 4.2% | |
| 06:45 | FR | Industrial Production (MoM) (Aug) | 0.3% | -0.3% | 1.7% |
|
| 06:45 | FR | Industrial Production (YoY) (Aug) | 1.8% | 1.2% | 2.6% | |
| 14:00 | US | Wholesale Inventories (Aug) | 0.3% | 0.2% | ||
| 14:30 | US | EIA Crude Oil Stocks | 1.2M | |||
| 14:30 | UK | Leading Indicator Index | -0.2% | |||
| 23:50 | JP | Current Account (Aug) | ¥2240B | ¥1856B | ||
| Oct 11 | 01:30 | AU | Employment Change (Sep) | 20.0 | 31.9 | |
| 01:30 | AU | Unemployment Rate (Sep) | 4.3% | 4.3% | ||
| 03:00 | JP | BoJ Interest Rate Decision | 0.5% | 0.5% | ||