Monday, Feb 11, 12:04 GMT
U.S. Trading Newsletter
To Get Started
- Webinars VIDEOS: Creating and Using a Powerful Trading Plan - Part 1 and Part 2 by Rob Booker
- Trendex: Instant Trading Tips from FX Pros right to your desktop
- ECB and BoE: Review of Feb 7 meeting by FXstreet.com
- World Premiere: The Code of the Schaff Trend Cycle indicator revealed at FXstreet.com
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Live Sessions Schedule
US Pre−Market Open
Expert: Ed Ponsi
Start: Mon, Feb 11, 13:00 GMT
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Feb 11, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Feb 11, 12:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Mon, Feb 11, 13:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Mon, Feb 11, 14:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Mon, Feb 11, 15:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
Current Session: Europe − U.S.
GBP/USD
Forex Daily Analysis − 11/02/'08 − UK's PPI Input & Trade Balance by ForexYard
The daily chart is bullish as the Slow Stochastic crossed at 10 and the RSI shows a positive slope. The next resistance level is located at 1.9568, and the next support level is at flat 1.9400. If the cable drops sharply beyond that level, a strong bearish move might be in place.
- Intermarket Relationships by S. Wade Hansen, 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
EUR/JPY Daily Technical Forex − EUR/JPY Daily Technical Forex by Stoploss.ch
FX Analysts' Comments
Daily Forex Commentary − G7 Follow−up by Jyske Bank
Majors at a Glance
- EUR/USD
- Moves up above first resistant level 1.4552
02/11/2008 10:24 GMT - GBP/USD
- Moves down below first support level 1.9404
02/11/2008 10:24 GMT - USD/CHF
- Moves down toward third support level 1.0928
02/11/2008 10:24 GMT - USD/JPY
- Moves down below third support level 106.52
02/11/2008 10:24 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 Preview
Germany ZEW SURVEY − ECONOMIC SENTIMENT
| Date (GMT) | Event | Cons. | Previous | |
| Feb 12 | 10:00 | ZEW Survey − Economic Sentiment | -45.0 | -41.6 |
EMU economic indicators - German ZEW economic sentiment is expected to decline in February by BHF−Bank
In February, German ZEW economic sentiment is expected to continue to decline at a somewhat stronger rate than in January.
[ Full Story ]Top Market Movers Review
UK PRODUCER PRICE INDEX − INPUT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 11 | 09:30 | Producer Price Index − Input (MoM) s.a | 2.6% | 0.8% | 1.4% |
| Feb 11 | 09:30 | Producer Price Index − Input (YoY) n.s.a | 19.1% | 14.3% | 12.2% |
| Feb 11 | 09:30 | Producer Price Index − Output (YoY) n.s.a | 5.7% | 5.1% | 5.0% |
| Feb 11 | 09:30 | Producer Price Index − Output (MoM) n.s.a | 1.0% | 0.4% | 0.4% |
UPDATE: UK Output PPI Rises At Fastest Rate Since July 1991 (Dow Jones)
U.K. factory gate prices climbed at their fastest annual rate since the early nineties in the first month of 2008, as the cost of petrol and food soared, data from the Office for National Statistics released Monday showed.
[ Full Story ]- Read the Producer prices data at National Statistics
- 2nd UPDATE: UK Jan PPI Rises At Fastest Rate Since July 1991 (Dow Jones)
- European govt bonds lower, led down by sharp falls in gilts after UK PPI data (Thomson Financial News)
- UK Producer Prices rise above expectations in January (FXstreet.com)
UK TRADE BALANCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 11 | 09:30 | Total Trade Balance | -4.7 | 4.4 | -4.8B |
| Feb 11 | 09:30 | Trade Balance | -£7.6 | -£7.4B | £7.9B |
DATA SNAP: Dec Goods Trade Deficit Narrows To GBP7.6 Bln (Dow Jones)
The U.K. global goods deficit edged narrower to GBP7.6 billion in December from an upwardly revised GBP7.9 billion in November thanks to a drop in imports, the Office for National Statistics said Monday.
[ Full Story ]- Read the UK trade data at National Statistics
- 2nd UPDATE: Dec Goods Trade Deficit Narrows To GBP7.6 Bln (Dow Jones)
- UPDATE: Dec Goods Trade Deficit Narrows To GBP7.6 Bln (Dow Jones)
- UK Dec trade deficit improves slightly UPDATE (Thomson Financial News)
- Tatsuya Kawanishi, Junior Advisor at FXstreet.com: "The trade balance will give insignt into presures on the GBP. This event would generate a good deal of volatility for the GBP. A rising trend has a positive effect on GBP, while trade defictis indicates the GBP leaking out,that would be negative." − FXstreet.com
Forex Technical Report - Forex Technical Report GBP/USD by iFOREX.bg
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Feb 11 | 09:30 | UK | Producer Price Index − Input (MoM) s.a (Jan) | 2.6% | 0.8% | 1.4% |
| 09:30 | UK | Producer Price Index − Input (YoY) n.s.a (Jan) | 19.1% | 14.3% | 12.2% |
|
| 09:30 | UK | Producer Price Index − Output (MoM) n.s.a (Jan) | 1.0% | 0.4% | 0.4% |
|
| 09:30 | UK | Producer Price Index − Output (YoY) n.s.a (Jan) | 5.7% | 5.1% | 5.0% | |
| 09:30 | UK | Total Trade Balance (Dec) | -4.7 | 4.4 | -4.8B |
|
| 09:30 | UK | Trade Balance (Dec) | £-7.6 | -£7.4B | £7.9B |
|
| 13:30 | CA | New Housing Price Index (YoY) (Dec) | 6.1% | |||
| Feb 12 | 00:01 | UK | BRC Retail Sales Monitor − All (YoY) | 0.3% | ||
| 00:30 | AU | National Australia Bank's Business Conditions (Jan) | 5 | |||
| 09:30 | UK | Consumer Price Index (MoM) (Jan) | -0.6% | 0.6% | ||