Thursday, Oct 25, 11:25 GMT
U.S. Trading Newsletter
To Get Started
- NEW Webinars Video - Access now Educational Sessions Recordings
- Forex Chat Room: Share your trading ideas and comments with fellow traders
- Long-term Forex Perspectives: Our new blog by John Jagerson and S. Wade Hansen
- Special Coverage - G7 Meeting Review by FXstreet.com
- Get FXstreet's Economic Calendar for your own site
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1st FXStreet.com International Conference − Oct. 25−27th
Oct 25, 11:15 GMTD−day: The ITC starts today! by FXstreet.com
Check out our Live coverage from the ITC!
Review the pictures of the event, such as Rob Booker and Wayne McDonell in the middle of a conference, the attendees relaxing in the coffee break or some of the FXstreet.com's staff stressed out.
- ITC Homepage
- Discuss your trading plann with Rob Booker live from the ITC at the Forum
Live Sessions Schedule
How to Get Started Trading Forex
Expert: Steve Primo
Start: Thu, Oct 25, 15:00 GMT
Type of Session: Webinar
Trading with Tom Flora
Expert: Tom Flora
Start: Thu, Oct 25, 16:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Oct 25, 15:00 GMT | How to Get Started Trading Forex | Steve Primo | WBN |  |
| Thu, Oct 25, 16:00 GMT | Trading with Tom Flora  | Tom Flora | WBN | |
| Mon, Oct 29, 10:00 GMT | What Moves Currencies? − Preview of the Week Ahead | Tony Juste | WBN |  |
| Mon, Oct 29, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
Current Session: Europe − U.S.
EUR/USD
Currencies Expert Analysis − EUR/USD by Finotec Group Inc.
The Euro touched a record $1.4349 this week and has gained 7.5 percent this year.
European Central Bank policy makers including Axel Weber and Klaus Liebscher have expressed confidence in the outlook for economic growth and stressed the upside risks to inflation, suggesting the bank may raise interest rates again.
- Timid USD reaction post−data at Tony Juste's blog
- Long−term Forex Perspectives: Our new blog by John Jagerson and S. Wade Hansen
- 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 25/10/2007 by AKforex
Daily Market Commentary − Dollar ended flat versus the European currencies and down against the yen by Global Forex Trading
Forex Technical Report − Forex Technical Report GBP/USD by http://www.fxstreet.com/technical/analysis−reports/forex−technical−report/2007−10−25.v02.html
Majors at a Glance
- EUR/USD
- Continues to move up above first resistant level 1.4293
10/25/2007 11:02 GMT - GBP/USD
- Moves up toward first resistant level 2.0533
10/25/2007 11:03 GMT - USD/CHF
- Continues to move down below second support level 1.1667
10/25/2007 11:03 GMT - USD/JPY
- Back around opening price level 114.24 , below pivot level 114.34
10/25/2007 11:04 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 DURABLE GOODS ORDERS
| Date (GMT) | Event | Cons. | Previous | |
| Oct 25 | 12:30 | Durable Goods Orders ex Transportation | 0.7% | -1.8% |
| Oct 25 | 12:30 | Durable Goods Orders | 1.5% | -4.9% |
The Week Ahead - Under a scenario of higher than expected corporate earnings we expect durable goods orders to re−bounce during September by BBVA Bancomer
During August durable goods orders retreated by 4.9 percent as business spending fell, mostly due to concerns about the effect that the recent financial turmoil could have on corporate profits.
[ Full Story ]- Ahead of the Bell: Durable Orders (Thomson Financial News)
Top Market Movers Review
Germany IFO − BUSINESS CLIMATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 25 | 08:00 | IFO − Business Climate | 103.9 | 103.8 | 104.2 |
German IFO business climate indicator eases in October (FXstreet.com)
Business expectations in Germany have decreased slightly in October from September but yet reaching somewhat higher than expected, according to data by the Ifo economic research institute.
[ Full Story ]- Read the Business Climate Index at IFO
- Slight decline of the German business confidence in October (FXstreet.com)
- DATA SNAP: German Oct Ifo Business Climate Eases To 103.9 (Dow Jones)
- German Oct Ifo business climate index falls to 103.9, above forecasts (Thomson Financial News)
Economics Weekly - US housing data and eurozone confidence surveys feature this week by Lloyds TSB Financial Markets
EMU economic indicators - Germany confidence indices expected to decline by BHF−Bank
Germany IMPORT PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 25 | 06:00 | Import Price Index (MoM) | 0.6% | 0.4% | -0.7% |
| Oct 25 | 06:00 | Import Price Index (YoY) | 1.3% | 1.2% | -0.6% |
German Sept import prices up 0.6 pct vs Aug; up 1.3 pct year−on−year (Thomson Financial News)
German import prices rose 0.6 pct in September from August, compared with the forecast for an increase of 0.5 pct, according to the Federal Statistics Office.
[ Full Story ]- Read the Import prices in September 2007 at German Statistics
- Germany Import Price Index increases 1.3% on the year in September (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 24 | 21:00 | NZ | RBNZ Interest Rate Decision | 8.25% | 8.25% | 8.25% |
| 23:50 | JP | Corporate Service Price (MoM) | 0.7% | 1.0% | ||
| 23:50 | JP | Corporate Service Price (YoY) | 1.4% | 1.0% | ||
| Oct 25 | 06:00 | DE | Import Price Index (MoM) (Sep) | 0.6% | 0.4% | -0.7% |
| 06:00 | DE | Import Price Index (YoY) (Sep) | 1.3% | 1.2% | -0.6% | |
| 08:00 | DE | IFO − Business Climate (Oct) | 103.9 | 103.8 | 104.2 | |
| 12:30 | US | Durable Goods Orders (Sep) | 1.5% | -4.9% | ||
| 12:30 | US | Durable Goods Orders ex Transportation (Sep) | 0.7% | -1.8% | ||
| 12:30 | US | Initial Jobless Claims (Oct 20) | 320K | 337K | ||
| 14:00 | US | New Home Sales (Sep) | 775K | 795K | ||