Wednesday, Feb 27, 12:07 GMT
U.S. Trading Newsletter
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Live Sessions Schedule
US Pre−Market Open
Expert: Ed Ponsi
Start: Wed, Feb 27, 13:00 GMT
Type of Session: Webinar
Level of Sentiment in the FX Market
Expert: Antonio Sousa
Start: Wed, Feb 27, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Feb 27, 13:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Wed, Feb 27, 14:00 GMT | Level of Sentiment in the FX Market | Antonio Sousa | WBN | |
| Wed, Feb 27, 14:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Wed, Feb 27, 16:00 GMT | Understanding The Exact Process Behind The Movement In Price | Sam Seiden | WBN | |
Current Session: Europe − U.S.
EUR/USD
Daily Forex News − Dollar tumbles to new lows on Kohn statement by ACM − Advanced Currency Markets
EurUsd will not form a quadruple top, instead head for new highs above 1.5000. Next level to watch is 1.5100 and 1.5100. On the downside, 1.5000 will hold as initial support and a break below would put the pair back into a range.
- Price Patterns 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
Majors at a Glance
- EUR/USD
- Moves up above first resistant level 1.5046
02/27/2008 12:02 GMT - GBP/USD
- Moves up towards first resistant level 1.9950
02/27/2008 12:02 GMT - USD/CHF
- Moves down below first support level 1.0695
02/27/2008 12:02 GMT - USD/JPY
- Moves down below first support level 106.93
02/27/2008 12:02 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 DURABLE GOODS ORDERS
| Date (GMT) | Event | Cons. | Previous | |
| Feb 27 | 13:30 | Durable Goods Orders ex Transportation | -1.3% | 2.6% |
| Feb 27 | 13:30 | Durable Goods Orders | -4.0% | 5.2% |
US economic indicators - Producer price inflation could have accelerated in January by BHF−Bank
Durable goods were remarkably strong in December and rose by 5.0% mom, particularly due to aircraft orders. As Boeing aircraft orders decreased by 77 % mom and vehicle orders probably remained weak, durable goods orders are likely to have lost most of the previous month's gains, falling by 4.2% mom.
[ Full Story ]- Ahead of the Bell: Durable goods (Thomson Financial News)
Top Market Movers Review
UK GROSS DOMESTIC PRODUCT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 27 | 09:30 | Gross Domestic Product (YoY) | 2.9% | 2.9% | 3.3% |
| Feb 27 | 09:30 | Gross Domestic Product (QoQ) | 0.6% | 0.6% | 0.7% |
DATA SNAP: UK 4Q GDP Unrevised +0.6% On Quarter, +2.9% On Yr (Dow Jones)
U.K. fourth−quarter gross domestic product growth was unrevised from the preliminary estimate published in January, with growth slowing only modestly from the third quarter.
[ Full Story ]- Read the GDP Growth data at National Statistics
- UK economist sees threat of 1930s style depression (Thomson Financial News)
- UK GDP 0.6% up on the 4Q, 2.9% up on the year, unchanged from first estimate (FXstreet.com)
- UK Q4 GDP up unrevised 0.6 pct; 2007 GDP up 3.1 pct, highest since 2004 (Thomson Financial News)
Friday Notes - Rising inflation makes Fed's life difficult by HVB Group
EMU M3
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 27 | 09:00 | M3 (YoY) | 11.5% | 11.3% | 11.6% |
Euro Zone M3 increases 11.5% on the year in January (FXstreet.com)
The annual rate of the M3 money supply increased 11.5% in January in the Euro Area, compared with the 11.6% year−on−year increase posted in December, according to the latest estimation by the European Central Bank.
[ Full Story ]- Read the Monetary developments in the euro area at ECB
- Euro area Jan M3 growth at 11.5 pct yr−on−yr vs 11.6 pct in Dec UPDATE (Thomson Financial News)
- DATA SNAP: Euro−Zone Jan M3 +11.5% On Yr, Above Consensus (Dow Jones)
- Euro area Jan M3 growth at 11.5 pct yr−on−yr vs 11.6 pct in Dec (Thomson Financial News)
EMU economic indicators - M3 growth probably accelerated to 11.6% yoy in January by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Feb 27 | 07:00 | DE | Gfk Consumer Confidence Survey (Feb) | 4.5 | 4.4 | 4.5 |
| 07:00 | DE | Import Price Index (MoM) (Jan) | 0.8% | 0.3% | -0.1% | |
| 09:00 | EMU | M3 (YoY) (Jan) | 11.5% | 11.3% | 11.6% |
|
| 09:30 | UK | Gross Domestic Product (QoQ) (4Q)  | 0.6% | 0.6% | 0.7% | |
| 09:30 | UK | Gross Domestic Product (YoY) (4Q) | 2.9% | 2.9% | 3.3% | |
| 12:00 | US | MBA Mortgage Applications (Feb 22) | -22.6% | |||
| 13:30 | US | Durable Goods Orders (Jan) | -4.0% | 5.2% | ||
| 13:30 | US | Durable Goods Orders ex Transportation (Jan) | -1.3% | 2.6% | ||
| 15:00 | US | Fed's Bernanke Speech | ||||
| 15:00 | US | New Home Sales (Jan) | 600K | 604K | ||