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Weekly Technical Briefing − Free Access Day
Expert: Dan Blystone
Start: Thu, Mar 13, 13:00 GMT
Type of Session: Webinar
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Expert: Sam Seiden
Start: Thu, Mar 13, 16:00 GMT
Type of Session: Webinar
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| Thu, Mar 13, 12:00 GMT | Choosing The Right Currency At The Right Time − Free Access Day | Valeria Bednarik | WBN |  |
| Thu, Mar 13, 13:00 GMT | Weekly Technical Briefing − Free Access Day | Dan Blystone | WBN | |
| Thu, Mar 13, 14:00 GMT | Using fibonacci retracements to identify support and resistance − Free Access Day | John Jagerson | WBN |  |
| Thu, Mar 13, 15:00 GMT | How to Get Started Trading Forex − Free Access Day | Steve Primo | WBN | |
Current Session: Europe − U.S.
EUR/USD
Daily Analysis − Dollar slides to record levels against the Euro by Finotec Group Inc.
The dollar weakened against the Euro to record levels. The common European currency reached highs near $1.5592, the highest since the Euro's debut in 1999. Euro dollar was last seen trading at $1.5601 9:10GMT. Technical analysis shows buy a bounce near $1.5495.
Other Topics for this Session:
Market Session Snap−Shot − Asian Session: Dollar Falls on Likely US Rate Cut by ACM − Advanced Currency Markets
Daily FX Report − Market expectations for Fed rate cuts next week continue to constrain the USD by FXCM
Banks' Analysis
Technical Analysis Special − EUR/SEK by Mizuho Corporate Bank
Daily Forex Commentary − Rebound… In Risk−aversion by Jyske Bank
Currency Performance
Action Bias Summary Table − Action Bias Summary Table by ActionForex.com
FX Analysts' Comments
Profiting from fear by John Jagerson and S. Wade Hansen from Profiting With Forex
FX' Signal
Forex Market Outlook on Minors/Crosses by Ace Trader
Majors at a Glance
- EUR/USD
- Trades around opening price level 1.5565 , above pivot level 1.5490
03/13/2008 10:14 GMT - GBP/USD
- Moves up above first resistant level 2.0351
03/13/2008 10:14 GMT - USD/CHF
- Moves down towards first support level 1.0058
03/13/2008 10:14 GMT - USD/JPY
- Moves down towards second support level 99.57
03/13/2008 10:14 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 RETAIL SALES
| Date (GMT) | Event | Cons. | Previous | |
| Mar 13 | 12:30 | Retail Sales (MoM) | 0.2% | 0.3% |
| Mar 13 | 12:30 | Retail Sales ex Autos (MoM) | 0.2% | 0.3% |
Weekly Analysis - Greenback waits for strong retail sales by Finotec Group Inc.
This week we expect the dollar to bounce around with the major releases for the week. The trade deficit in the US is expected to widen due to price gains but that's shouldn't affect retail sales. We here at the Finotec dealing desk expect a rise near 0.3% in consumer spending. Inflation is expected to be on the up near 0.3% as energy prices are expected to play a favourable role.
[ Full Story ]Top Market Movers Review
EMU ECB PUBLISHES MONTHLY REPORT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 13 | 09:00 | ECB Publishes Monthly Report | - | - | - |
ECB says current rates will help anchor inflation expectations (Thomson Financial News)
The European Central Bank said its current level of interest rates will help to anchor inflation expectations in the euro zone. "The firm anchoring of medium to longer−term inflation expectations is of the highest priority. The governing council believes that the current monetary policy stance will contribute to achieving this objective," the ECB said in its March monthly bulletin.
[ Full Story ]- Read the Monthly Bulletin at ECB
- ECB says rise in euro zone core inflation needs to be monitored carefully UPDATE (Thomson Financial News)
- ECB Trichet: Disorderly USD Moves Undesirable For Econ Growth (Dow Jones)
- ECB says rise in euro zone core inflation needs to be monitored carefully (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Mar 13 | 04:00 | JP | Tokyo Condominium Sales (YoY) (Feb) | -28.0% | -19.1% | |
| 04:30 | JP | Capacity Utilization (Jan) | 107.4 | 110.2 | ||
| 04:30 | JP | Industrial Production (MoM) (Jan) | -2.2% | 1.4% | ||
| 04:30 | JP | Industrial Production (YoY) (Jan) | 2.2% | 0.8% | ||
| 09:00 | EMU | ECB Publishes Monthly Report (Mar) | ||||
| 09:30 | UK | Inflation Expectations (1Q) | 3.3% | 3.0% | ||
| 12:30 | US | Continuing Jobless Claims (Mar 1) | 2831K | |||
| 12:30 | US | Import Price Index (MoM) (Feb) | 0.8% | 1.7% | ||
| 12:30 | US | Import Price Index (YoY) (Feb) | 13.7% | |||
| 12:30 | US | Initial Jobless Claims (Mar 8) | 355K | 351K | ||