Friday, Feb 22, 12:06 GMT
U.S. Trading Newsletter
To Get Started
- Webinars VIDEOS: Trading Range Bound and Trending Market Conditions by Adam Rosen
- Currency Performance Report: Asia, Europe and US
- Check our Forex Brokers Information Table
- Releasing the Code to the Schaff Trend Cycle by Doug Schaff
- FXstreet.com offers all currencies of the world just log in and choose your favorite crosses
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Live Sessions Schedule
US Pre−Market Open
Expert: Ed Ponsi
Start: Fri, Feb 22, 13:00 GMT
Type of Session: Webinar
Futures Vs Forex
Expert: John Jagerson
Start: Fri, Feb 22, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Feb 22, 12:00 GMT | FX Instructor Live Trading Room  | Mihai Marinescu | WBN |  |
| Fri, Feb 22, 13:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
| Fri, Feb 22, 14:00 GMT | Futures Vs Forex | John Jagerson | WBN | |
| Fri, Feb 22, 14:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: Europe − U.S.
GBP/USD
Forex Technical Report − GBP/USD 1.9654 − 22 February by iFOREX.bg
GBP/USD Open 1.9633 High 1.9683 Low 1.9389 Close 1.9581
The Cable climbed significantly against the US Dollar, and broke the short term resistances at 1.9500 and 1.9590, recovering for the week's losses in one day. Resistance for today is expected at 1.9685, followed by 1.9750, and 1.9840.
- Trading Gaps in the Forex 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 FX Report − Choppy trading week behind by Varengold Wertpapierhandelsbank AG
Majors at a Glance
- EUR/USD
- Trades around yesterday high 1.4837 , below first resistant level 1.4866
02/22/2008 12:04 GMT - GBP/USD
- Trades around opening price level 1.9628 , above pivot level 1.9559
02/22/2008 10:06 GMT - USD/CHF
- Trades around opening price level 1.0895 , below pivot level 1.0931
02/22/2008 10:06 GMT - USD/JPY
- Trades around opening price level 107.38 , below pivot level 107.63
02/22/2008 10:06 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
Canada RETAIL SALES
| Date (GMT) | Event | Cons. | Previous | |
| Feb 22 | 13:30 | Retail Sales ex Autos (MoM) | 0.3% | 1.7% |
| Feb 22 | 13:30 | Retail Sales (MoM) | 0.6% | 0.7% |
Trading News Report - Canadian Retail Sales May Be The Top Market Mover For The Week, How Will USDCAD Fair? by FXCM
For the past two months, we have been unable to trade the Canadian retail sales report due to conflicting economic indicators that threatened to disrupt the reaction to the consumption indicators.
[ Full Story ]Picking Tops and Bottoms - Canadian Dollar Reversal Trade by FXCM
Top Market Movers Review
EMU INDUSTRIAL NEW ORDERS S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 22 | 10:00 | Industrial New Orders (YoY) | 2.1% | 8.3% | 11.4% |
| Feb 22 | 10:00 | Industrial New Orders s.a. (MoM) | -3.6% | -1.1% | 2.0% |
DATA SNAP: Euro−Zone Dec Factory Orders Weakest Since Jan '01 (Dow Jones)
Factory orders in the euro zone posted their weakest performance in almost seven years in December with declines in orders in all sectors except for electrical and electronic equipment.
[ Full Story ]- Read the report: Industrial new orders down by 3.6% in euro area at Eurostat
- Euro Zone's industrial new orders slump in December (FXstreet.com)
- Euro zone Dec industrial orders down 3.6 pct vs Nov; up 2.1 pct yr−on−yr (Thomson Financial News)
- EU Industrial New Orders s.a. down 3.6% in Dec; 2.1% up on the year (FXstreet.com)
EMU PMI MANUFACTURING
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 22 | 09:00 | PMI Manufacturing | 52.3 | 52.3 | 52.8 |
| Feb 22 | 09:00 | Purchasing Manager Index Services | 51.0 | 51.0 | 50.6 |
Euro Zone Flash PMI's show increase in services activity; slowdown in Manufacturing in February (FXstreet.com)
The latest flash estimations of both Purchasing Managers Index for the Euro Zone's services and manufacturing have shown subtle variations from the previous month's figures, an slight increase of services activity, and a mild slowdown in the side of the manufacturing sector.
[ Full Story ]- NTC Economics homepage
- European govt bonds off highs following strong euro zone PMIs (Thomson Financial News)
- UPDATE: Euro Zone PMIs Firmer Than Seen But Remain Weak (Dow Jones)
- CORRECTION Euro zone services PMI unexpectedly rises in Feb − sources UPDATE (Thomson Financial News)
Daily Forex Commentary - Euro Zone PMI on the agenda by Jyske Bank
Daily Forex Technical Report − Euro to Face Test of PMIs by ActionForex.com
EMU economic indicators - The February RBS PMI manufacturing index for the EMU is likely to have decreased by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Feb 22 | 03:00 | JP | BoJ's Governor Toshihiko Fukui Speech | |||
| 09:00 | EMU | PMI Manufacturing (Feb)  | 52.3 | 52.3 | 52.8 | |
| 09:00 | EMU | Purchasing Manager Index Services | 51.0 | 51.0 | 50.6 | |
| 10:00 | EMU | Industrial New Orders (YoY) (Dec) | 2.1% | 8.3% | 11.4% |
|
| 10:00 | EMU | Industrial New Orders s.a. (MoM) (Dec) | -3.6% | -1.1% | 2.0% |
|
| 13:30 | CA | Retail Sales (MoM) (Dec) | 0.6% | 0.7% | ||
| 13:30 | CA | Retail Sales ex Autos (MoM) (Dec) | 0.3% | 1.7% | ||
| Feb 24 | 23:00 | EMU | ECB's Trichet Speech | |||
| Feb 25 | 07:00 | DE | Import Price Index (MoM) | 0.2% | -0.1% | |
| 07:00 | DE | Import Price Index (YoY) | 4.6% | 3.7% | ||