Tuesday, Feb 26, 12:06 GMT
U.S. Trading Newsletter
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Live Sessions Schedule
US Pre−Market Open
Expert: Ed Ponsi
Start: Tue, Feb 26, 13:00 GMT
Type of Session: Webinar
Technical Analysis Bootcamp: The indicators you need to know and how to interpret them
Expert: Dan Blystone
Start: Tue, Feb 26, 15:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Feb 26, 13:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Tue, Feb 26, 14:30 GMT | Forex with Ed Ponsi | Ed Ponsi | WBN | |
| Tue, Feb 26, 15:00 GMT | Technical Analysis Bootcamp: The indicators you need to know and how to interpret them | Dan Blystone | WBN | |
| Tue, Feb 26, 16:00 GMT | Trading with Autochartist | Raghee Horner | WBN | |
Current Session: Europe − U.S.
GBP/USD
Forex Technical Report − GBP/USD 1.9651 − 26 February by iFOREX.bg
GBP/USD Open 1.9661 High 1.9701 Low 1.9616 Close 1.9669.
The upward impulse of the Cable against the US Dollar, which we witnessed last Thursday, continued on Friday, but became weeker yesterday. However the currency couple remains above 1.9610, which outlines as the first support for today.
- FX Instructor Live Trading Room by Mihai Marinescu, Instructor FX Instructor
- 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 Technical Report − Euro Retreats Mildly ahead of German Ifo by ActionForex.com
Majors at a Glance
- EUR/USD
- Moves up above second resistant level 1.4873
02/26/2008 12:01 GMT - GBP/USD
- Moves up above first resistant level 1.9710
02/26/2008 12:02 GMT - USD/CHF
- Moves down below pivot level 1.0888
02/26/2008 12:03 GMT - USD/JPY
- Continues to trade around opening price level 108.02 , above pivot level 107.81
02/26/2008 12:04 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
US PRODUCER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Feb 26 | 13:30 | Producer Price Index (YoY) | 7.5% | 6.3% |
| Feb 26 | 13:30 | Producer Price Index (MoM) | 0.3% | -0.1% |
US economic indicators - Producer price inflation could have accelerated in January by BHF−Bank
Producer prices (PPI) declined by 0.1% mom in December, but given that import prices rose significantly by 1.7% mom mainly due to energy prices, January PPI could have gone up markedly too, by 0.6% mom.
[ Full Story ]Top Market Movers Review
UK CBI DISTRIBUTIVE TRADES SURVEY − REALIZED
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 26 | 11:00 | CBI Distributive Trades Survey − Realized (MoM) | -3 | - | 4 |
UK Feb retail sales continue to fall although prices rise sharply − CBI UPDATE (Thomson Financial News)
Sales on the UK high street continued to deteriorate in February even as retailers pushed through markedly higher prices, the country's leading business lobby group said today.
[ Full Story ]- Read the report: High street sales growth ends while prices rise strongly at CBI
- UK Feb retail sales continue to fall although prices rise sharply − CBI (Thomson Financial News)
- UK retail sales growth ends in February while prices increase (FXstreet.com)
Germany IFO − BUSINESS CLIMATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 26 | 09:00 | IFO − Business Climate | 104.1 | 102.9 | 103.4 |
DATA SNAP: German Ifo Business Mood Improves Unexpectedly (Dow Jones)
German business confidence improved surprisingly in February, despite lower expectations, indicating that Europe's largest economy remains in robust shape, a survey from the German Ifo Institute showed Tuesday.
[ Full Story ]- Read the Business Climate data at Ifo
- INTERVIEW Ifo's Nerb sees ECB keeping interest rates unchanged at next meeting (Thomson Financial News)
- 2ND UPDATE: Germany's Ifo Business Sentiment Index Posts Unexpected Rise (Dow Jones)
- UPDATE: Germany's Ifo Index Posts Unexpected Rise (Dow Jones)
FX Daily Commentary - IFO Gave Euro A Push Towards 1.49. What Next? by FXGreece
Daily Forex Technical Report − Euro Retreats Mildly ahead of German Ifo by ActionForex.com
Daily Forex Outlook - US Shares rally boosting demand for JPY crosses. German IFO to test Euro outlook by Easy Forex
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Feb 26 | 07:00 | DE | Gross Domestic Product w.d.a (YoY) (4Q) | 1.8% | 1.6% | 2.5% |
| 09:00 | DE | IFO − Business Climate (Feb) | 104.1 | 102.9 | 103.4 | |
| 09:00 | CH | UBS Consumption Indicator (Jan) | 2.191 | 2.180 |
||
| 09:30 | UK | Total Business Investment (QoQ) (4Q)  | -0.5% | 1.0% | 2.0% | |
| 09:30 | UK | Total Business Investment (YoY) (4Q) | 2.2% | 2.9% | 6.6% | |
| 11:00 | UK | CBI Distributive Trades Survey − Realized (MoM) (Feb) | -3 | 4 | ||
| 13:30 | US | Producer Price Index (MoM) (Jan) | 0.3% | -0.1% | ||
| 13:30 | US | Producer Price Index (YoY) (Jan) | 7.5% | 6.3% | ||
| 13:30 | US | Producer Price Index ex Food & Energy (MoM) (Jan) | 0.2% | 0.2% | ||
| 13:30 | US | Producer Price Index ex Food & Energy (YoY) (Jan) | 2.2% | 2.0% | ||