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Type of Session: Webinar
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Start: Tue, Dec 18, 17:00 GMT
Type of Session: Webinar
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| Tue, Dec 18, 12:00 GMT | FX Instructor Live Trading Room | Mihai Marinescu | WBN |  |
| Tue, Dec 18, 16:00 GMT | Trading with Autochartist | Raghee Horner | WBN |  |
| Tue, Dec 18, 17:00 GMT | Charting lessons we've learned in 2007!  | Adam Rosen | WBN | |
| Tue, Dec 18, 18:00 GMT | Live Look at Today's Markets | Derek Frey | WBN |  |
Current Session: Europe − U.S.
EUR/USD
Weekly Forex Signals − Will Euro Stop Falling against US Dollar? by Finotec Group Inc.
For short term the Euro may continue downtrend against the US Dollar; according to technical charts the market is in a bearish direction with confirmation of many indicators like RSI, which is in a downtrend, MACD crosses 2 Moving Averages and breaks the zero line downwards, Bollinger gives us a bearish signal by closing the candle below the lower band
- No! The carry cows don't like the Dollar... 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:
Daily Analysis − Housing data from U.S are on focus by Finotec Group Inc.
Daily Trading Strategy − The coordinators by MVDForex
Forex Technical Report − Forex Technical Report GBP/USD by iFOREX.bg
Majors at a Glance
- EUR/USD
- Continues to trade around pivot level 1.4394
12/18/2007 10:20 GMT - GBP/USD
- Continues to trade around pivot level 2.0178
12/18/2007 10:20 GMT - USD/CHF
- Continues to trade around pivot level 1.1513
12/18/2007 10:20 GMT - USD/JPY
- Back around pivot level 113.09
12/18/2007 10:20 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 HOUSING STARTS
| Date (GMT) | Event | Cons. | Previous | |
| Dec 18 | 13:30 | Building Permits (MoM) | 1.150M | 1.178 |
| Dec 18 | 13:30 | Housing Starts (YoY) | 1.176M | 1.229M |
Weekly Forex Research - How is residential construction developing in the US? by Jyske Bank
The interest−rate cuts from the Fed were an insurance premium against a further weakening of the housing market.
[ Full Story ]- Forex − Dollar remains buoyant ahead of US housing figures later (Thomson Financial News)
- OUTLOOK Highlights of US economic data to be released this week (Thomson Financial News)
US economic indicators - Housing market data will indicate ongoing weakness by BHF−Bank
Top Market Movers Review
EMU TRADE BALANCE S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Dec 18 | 10:00 | Trade Balance s.a. | €4.0B | €3.5B | €3.6B |
DATA SNAP: Euro−Zone Oct Trade Surplus Rises To EUR6.1B (Dow Jones)
Euro−zone exporters continued to prosper in October as rising demand from Russia helped offset the effect of a strong euro, data from European statistics agency, Eurostat showed Tuesday.
[ Full Story ]- Read the report: Euro area external trade surplus 6.1 bn euro at Eurostat
- UPDATE: Euro−Zone Oct Trade Surplus Surges To EUR6.1B (Dow Jones)
- Euro zone Oct trade surplus 6.1 bln eur vs surplus 3.7 bln in Sept (Thomson Financial News)
- Euro Zones trade surplus increases sharply in October (FXstreet.com)
UK CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Dec 18 | 09:30 | Core Consumer Price Index (YoY) | 1.4% | 1.6% | 1.5% |
| Dec 18 | 09:30 | Consumer Price Index (YoY) | 2.1% | 2.2% | 2.1% |
| Dec 18 | 09:30 | Consumer Price Index (MoM) | 0.3% | 0.3% | 0.5% |
DATA SNAP: UK CPI Inflation Stable At 2.1% In November (Dow Jones)
U.K. consumer price inflation was stable in November, remaining just above the Bank of England's inflation target for a second consecutive month, as the impact of higher transport costs was diluted by lower utilities bills.
[ Full Story ]- Read the report: Inflation unchanged despite upward pressure from fuel at National Statistics
- UPDATE: UK Nov CPI Inflation Stable Above BOE Target At 2.1% (Dow Jones)
- Forex − Pound drops on news UK inflation remained steady in November (Thomson Financial News)
- UK CPI inflation remains steady at 2.1 pct in November (Thomson Financial News)
Friday Notes - Holiday Season: So−so sales anticipated by HVB Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Dec 18 | 09:30 | UK | Consumer Price Index (YoY) (Nov) | 2.1% | 2.2% | 2.1% |
| 10:00 | EMU | Trade Balance s.a. (Oct) | €4.0B | €3.5B | €3.6B |
|
| 12:00 | CA | Bank of Canada Consumer Price Index Core (MoM) (Nov) | 0.0% | 0.2% | -0.2% | |
| 12:00 | CA | Bank of Canada Consumer Price Index Core (YoY) (Nov) | 1.6% | 1.8% | 1.8% | |
| 12:00 | CA | Consumer Price Index (MoM) (Nov) | 0.3% | 0.2% | -0.3% | |
| 12:00 | CA | Consumer Price Index (YoY) (Nov) | 2.5% | 2.4% | 2.4% | |
| 13:30 | US | Building Permits (MoM) (Nov) | 1.150M | 1.178 | ||
| 13:30 | US | Housing Starts (YoY) (Nov) | 1.176M | 1.229M | ||
| 13:30 | CA | Leading Indicators (MoM) (Nov) | 0.1% | 0.1% | ||
| 21:45 | NZ | Food Price Index (MoM) | 0.6% | |||