Monday, Feb 04, 12:23 GMT
U.S. Trading Newsletter
To Get Started
- Webinars VIDEOS: Raghee Horner's Four Step Trading: Forex by Raghee Horner
- NonāFarm Payrolls Live Coverage transcript at FXstreet.com
- Trendex: Instant Trading Tips from FX Pros right to your desktop
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Live Sessions Schedule
US Pre−Market Open
Expert: Ed Ponsi
Start: Mon, Feb 4, 13:00 GMT
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Feb 4, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Feb 4, 12:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Mon, Feb 4, 13:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Mon, Feb 4, 14:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Mon, Feb 4, 15:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
Current Session: Europe − U.S.
USD/JPY
USD/JPY Daily Technical Forex − Trading above the daily pivot point level of 106.33 by Stoploss.ch
Current level at 10:55 CET is 106.86, trading above the daily pivot point level of 106.33 and also above the hourly Ichimoku cloud top at 106.31. Hourly Bollinger and standard error bands are poised to the upside while daily values of the same indicators are flat with Bollinger bandwidth still contracting.
- Introducing Forex Options − by John Jagerson, Founder Profiting With Forex
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Daily Forex News − Payrolls heavily disappoint, Dollar hit but rebounds by ACM − Advanced Currency Markets
EUR/JPY Daily Technical Forex − EUR/JPY Daily Technical Forex by Stoploss.ch
Majors at a Glance
- EUR/USD
- Fluctuates between MAs. Support is seen at 1.4789.
02/04/2008 08:20 GMT - GBP/USD
- Moves upwards with a strong positive momentum. Immediate support is seen at 1.9777.
02/04/2008 08:23 GMT - USD/CHF
- Moves sideways with low volatility.
02/04/2008 08:25 GMT - USD/JPY
- Moves sideways with high volatility. Support is seen at 106.50.
02/04/2008 08:31 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 ]
Top Market Movers Preview
US FACTORY ORDERS
| Date (GMT) | Event | Cons. | Previous | |
| Feb 4 | 15:00 | Factory Orders | 2.4% | 1.5% |
OUTLOOK Highlights of economic indicators to be released in the coming week (Thomson Financial News)
The week will begin with the release of factory orders, which are expected to have increased 2.3 pct in December, following a 1.5 pct increase in November. Factory orders excluding transportation are expected to have increased 1.9 pct, compared to a 1.4 pct change in the previous month.
[ Full Story ]Top Market Movers Review
EMU PRODUCER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 4 | 10:00 | Producer Price Index (MoM) | 0.1% | 0.1% | 0.9% |
| Feb 4 | 10:00 | Producer Price Index (YoY) | 4.3% | 4.3% | 4.2% |
DATA SNAP: Euro−Zone Dec Producer Prices Post Moderate Gain (Dow Jones)
Prices of goods leaving the euro zone's factory gates posted moderate gains in December after oil prices were roughly unchanged over the month. Producer prices in the 13 countries that then shared the euro rose 0.1% from November and were up 4.3% from December 2006, data released Monday by the European Union's statistics agency, Eurostat, showed.
[ Full Story ]- Read the report: Industrial producer prices up by 0.1% in euro area at Eurostat
- UPDATE: Euro−Zone PPI Rises At Fastest Yearly Rate In 2 Yrs (Dow Jones)
- Euro zone Dec PPI up 0.1 pct vs Nov, up 4.3 pct yr−on−yr (Thomson Financial News)
- Euro Zone's producer prices edge up in December (FXstreet.com)
- Tony Juste, FX Advisor at FXstreet.com: "With inflation fears being the name of the game in the Euro−Zone at the moment, it will be interesting to see the outcome of this data. A soft number should put pressure on the ECB on the interest rates topic, and should also weaken the EUR. In the other hand, a strong reading should put the EUR back to the highs." − FXstreet.com
European Market Update - European Market Update by Trade The News
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Feb 4 | 00:30 | AU | House Price Index (QoQ) (4Q) | 3.2% | 3.0% | 3.5% |
| 00:30 | AU | House Price Index (YoY) (4Q) | 12.3% | 11.8% | 10.6% | |
| 00:30 | AU | Trade Balance (Dec) | -1936M | -2000M | -2254M | |
| 09:30 | UK | PMI Construction (Jan) | 53.9 | 55.0 | 56.0 | |
| 10:00 | EMU | Producer Price Index (MoM) (Dec) | 0.1% | 0.1% | 0.9% |
|
| 10:00 | EMU | Producer Price Index (YoY) (Dec) | 4.3% | 4.3% | 4.2% |
|
| 15:00 | US | Factory Orders (Dec) | 2.4% | 1.5% | ||
| Feb 5 | 00:30 | AU | Retail Sales (MoM) (Dec) | 0.6% | 0.8% | |
| 02:00 | NZ | ANZ Commodity Price (Jan) | 0% | |||
| 03:30 | AU | RBA Interest Rate Decision (Feb) | 7.00% | 6.75% | ||