Thursday, Jan 03, 13:43 GMT
U.S. Trading Newsletter
To Get Started
- What's to Come in The Year Ahead? Read the Special 2008 Outlook by Wachovia
- Financials, Indices, Metals and Energies on the Futures Section
- Access recorded webinars FOR FREE!
Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.
Live Sessions Schedule
Weekly Technical Briefing
Expert: Dan Blystone
Start: Thu, Jan 3, 14:30 GMT
Type of Session: Webinar
SPECIAL EVENT: Trade Non−Farm Payrolls LIVE − 20th Edition
Expert: Wayne McDonell
Start: Fri, Jan 4, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Jan 3, 14:30 GMT | Weekly Technical Briefing  | Dan Blystone | WBN |  |
| Thu, Jan 3, 16:00 GMT | How to Get Started Trading Forex | Steve Primo | WBN | |
| Thu, Jan 3, 18:00 GMT | Live Look at Today's Markets | Derek Frey | WBN |  |
| Fri, Jan 4, 13:00 GMT | SPECIAL EVENT: Trade Non−Farm Payrolls LIVE − 20th Edition | Wayne McDonell | WBN | |
Current Session: Europe − U.S.
EUR/USD
Daily Análisis − U.S dollar recovers after a sharp drop to a low 1.4749 via euro by Finotec Group Inc.
The dollar straightened on Thursday morning after a sharp fall on Wednesday which leads the pair EUR/USD to a 3.5 weeks low at 1.4749. The dollar's decline gained momentum after the Institute for Supply Management reported its index of U.S. factory activity fell to 47.7 in December, below the market expectations and the lowest level since April 2003.
- EUR strength seen in the crosses by Tony Juste
- 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
Other Topics for this Session:
Forex Technical Report − Forex Technical Report GBP/USD by iFOREX.bg
EUR/JPY Daily Technical Forex − EUR/JPY Daily Technical Forex by Stoploss.ch
Forex Technical Report − Forex Technical Report EUR/USD by iFOREX.bg
Majors at a Glance
- EUR/USD
- Moves up toward first resistant level 1.4781
01/03/2008 12:21 GMT - GBP/USD
- Trades around first support level 1.9756
01/03/2008 12:22 GMT - USD/CHF
- Moves down below first support level 1.1115
01/03/2008 12:23 GMT - USD/JPY
- Moves down below first support level 108.50
01/03/2008 12:24 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
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Review
US ADP EMPLOYMENT CHANGE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 3 | 13:15 | ADP Employment Change | 40 | 50K | 173K |
US employment in private sector increased by 40.000 in December (FXstreet.com)
After two months of spectacular increase in job creation, the US work market will post a rather more moderate increase in employment in December, according to the latest ADP employment report. Non farm private sector jobs increased by 40,000 from November to December, following a 173,000 increase in November.
[ Full Story ]- Read the Analysis of December's report at ADP
- US Dec ADP Employment foresees 40K increase in private sector jobs (FXstreet.com)
EMU M3
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 3 | 09:00 | M3 (YoY) | 12.3% | 12.2% | 12.3% |
Euro Zone M3 grows larger than expected in November (FXstreet.com)
M3 grew by 12.3% in November compared with the same period one year ago, this increase was similar to the growth rate posted in October, according to the latest report by the European Central Bank.
[ Full Story ]- Eurozone M3 Official Data by the European Central Bank
- DATA SNAP: Euro−Zone Nov M3 Stuck At Record High Of +12.3%YY (Dow Jones)
- EU M3 (YoY) grows by 12.3% in Nov (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jan 3 | 08:55 | DE | Unemployment Rate s.a. (Dec) | 8.4% | 8.5% | 8.6% |
| 09:00 | EMU | M3 (YoY) (Nov) | 12.3% | 12.2% | 12.3% | |
| 09:30 | UK | PMI Construction (Dec) | 56.0 | 53.5 | 54.3 | |
| 13:15 | US | ADP Employment Change (Dec) | 40 | 50K | 173K |
|
| 13:30 | US | Continuing Jobless Claims (Dec 22) | 2761 | 2715 |
||
| 13:30 | US | Initial Jobless Claims (Dec 29) | 336K | 345K | 357K |
|
| 15:00 | US | Factory Orders (Dec) | 1.0% | 0.5% | ||
| Jan 4 | 06:45 | CH | Consumer Price Index (MoM) (Dec) | 0.5% | 0.5% | |
| 06:45 | CH | Consumer Price Index (YoY) (Dec) | 1.8% | 1.8% | ||
| 08:55 | DE | Purchasing Manager Index Services (Dec) | 52.4 | 53.1 | ||