Monday, Dec 17, 11:58 GMT
U.S. Trading Newsletter
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Live Sessions Schedule
FXCM on current issues of the FX Market
Expert: Drew Niv
Start: Mon, Dec 17, 14:30 GMT
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Dec 17, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Dec 17, 12:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Mon, Dec 17, 14:00 GMT | FX Instructor Live Trading Room  | Nader Moustafa | WBN |  |
| Mon, Dec 17, 14:30 GMT | FXCM on current issues of the FX Market | Drew Niv | WBN |  |
| Mon, Dec 17, 15:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
Current Session: Europe − U.S.
GBP/USD:
Forex Technical Report − GBP/USD 2.0143 − 17 December by iFOREX.bg
GBP/USD Open 2.0173 High 2.0443 Low 2.0118 Close 2.0212
First resistance for the Cable is expected at today's top 2.0215, followed by 2.0270 and 2.0320, which is 49.7% correction of the drop 2.057 − 2.0155.
- Extreme OB/OS levels at this hour 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:
EUR/JPY Daily Technical Forex − EUR/JPY Daily Technical Forex by Stoploss.ch
Weekly Forex Market Commentary − Above 0.7239, distant resistance is now seen at 0.7285 by Global Forex Trading
Daily Market Report: Forex − The Dollar strengthened by ICICI Bank
Majors at a Glance
- EUR/USD
- Trades between pivot level 1.4498 and opening price level 1.4383
12/17/2007 10:15 GMT - GBP/USD
- Trades between pivot level 2.0257 and opening price level 2.0146
12/17/2007 10:15 GMT - USD/CHF
- Trades above pivot level 1.1492
12/17/2007 10:15 GMT - USD/JPY
- Trades around pivot level 113.02
12/17/2007 10:15 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, Aspen Trading Group, 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 CURRENT ACCOUNT
| Date (GMT) | Event | Cons. | Previous | |
| Dec 17 | 13:30 | Current Account | -$183B | -$191B |
OUTLOOK Highlights of US economic data to be released this week (Thomson Financial News)
The US current account deficit is expected to decrease to 184.4 bln usd in quarter three from 190.8 in quarter four.
[ Full Story ]Top Market Movers Review
EMU PMI MANUFACTURING
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Dec 17 | 09:00 | PMI Manufacturing | 52.5 | 52.6 | 52.8 |
| Dec 17 | 09:00 | Purchasing Manager Index Services | 53.2 | 54.0 | 54.1 |
Euro Zone Manufacturing PMI edges down in December; Services PMI posts larger decline (FXstreet.com)
Activity of both Euro Zone's services and manufacturing sectors has grown at a slower pace in December than in November, according to the Purchasing Manager's index.
[ Full Story ]- Read the PMI data at NTC Economics
- European govt bonds stay higher after another drop in euro zone PMI (Thomson Financial News)
- UPDATE: Euro−Zone PMIs Point To Continued Slowdown In Dec (Dow Jones)
- Euro zone Dec services PMI 53.2, lowest since June 2005 − sources UPDATE (Thomson Financial News)
Friday Notes - Holiday Season: So−so sales anticipated by HVB Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Dec 17 | 00:01 | UK | Rightmove House Price Index (YoY) (Dec) | 4.8% | 7.9% | |
| 05:00 | JP | Leading Economic Index (Oct) | 18.2 | 18.2 | 0.0 | |
| 08:15 | CH | Industrial Production (QoQ) (3Q) | 0.0% | -2.5% | 7.2% |
|
| 08:15 | CH | Industrial Production (YoY) (3Q) | 10.7% | 7.6% | 10.3% |
|
| 09:00 | EMU | PMI Manufacturing (Dec) | 52.5 | 52.6 | 52.8 | |
| 09:00 | EMU | Purchasing Manager Index Services (Dec)  | 53.2 | 54.0 | 54.1 | |
| 13:30 | CA | Canadian Investment in Foreign Securities | $4.51B | |||
| 13:30 | US | Current Account (3Q) | -$183B | -$191B | ||
| 13:30 | CA | Foreign investment in Canadian securities | -$5.21B | |||
| 13:30 | US | NY Empire State Manufacturing Index (Dec) | 20.00 | 27.37 | ||