Wednesday, Mar 26, 11:59 GMT
U.S. Trading Newsletter
To Get Started
- Forex JumpStart Videos: Learn the Forex basics or review your knowledge with Adam Rosen!
- Asia Session Performance by FXstreet.com
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Live Sessions Schedule
Level of Sentiment in the FX Market
Expert: Boris Schlossberg
Start: Wed, Mar 26, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
Live Look at Today's Markets
Expert: Derek Frey
Start: Wed, Mar 26, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Mar 26, 12:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Wed, Mar 26, 13:00 GMT | Level of Sentiment in the FX Market | Boris Schlossberg | WBN | |
| Wed, Mar 26, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Wed, Mar 26, 14:00 GMT | Learning to Position Trade from time to time | Chris Capre | WBN | |
Current Session: Europe − U.S.
EUR/USD
Forex Trading Strategies Another uptick in German IFO has EURUSD surging higher again by Saxo Bank
Yesterday's headline grabber was the 35−year low in Consumer Confidence expectations. If this, combined with the −10.7% year−on−year drop in home prices for Jan. isn't deeply recessionary data in an economy that is 70% based on private consumption, we'd like to know what is. The headline Consumer Confidence number was also far lower than expected − the worst number since the month of the beginning of the Iraq War 5 years ago, in fact.
- Understanding The Exact Process Behind The Movement In Price by Sam Seiden
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Other Topics for this Session:
Wakeup Call on Forex Markets Consolidation ahead by Saxo Bank
Market Thoughts Market Thoughts by FX Recommends
Currency Performance
Currency Performance Report − US Session Performance by FXstreet.com
FX Analysts' Comments
USD/CAD Post News Trade Review by Wayne McDonell, FxBootcamp.com
FX' Signal
Spot Forex Trades GBPUSD: Sell 19900; TP 15pips by ForexSurvivor
Majors at a Glance
- EUR/USD
- Trades above pivot level 1.5564
03/26/2008 10:10 GMT - GBP/USD
- Trades around opening price level 2.0048 , above pivot level 1.9987
03/26/2008 10:10 GMT - USD/CHF
- Trades around pivot level 1.0109
03/26/2008 10:10 GMT - USD/JPY
- Trades around pivot level 100.22
03/26/2008 10:10 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 | |
| Mar 26 | 12:30 | Durable Goods Orders | 0.8% | -5.3% |
| Mar 26 | 12:30 | Durable Goods Orders ex Transportation | -0.3% | -1.6% |
Currency and Stock Markets Weekly Outlook - Durables vs. IFO by X−Trade Brokers, XTB
The US durable orders report is sometimes more important just like prices often change purely because of a sentiment on the market. Only because of a one−off surge in those orders in December, the 4th quarter GDP change was above the surface.
[ Full Story ]- Ahead of the Bell: Durable Goods (Thomson Financial News)
Top Market Movers Review
Germany IFO − BUSINESS CLIMATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 26 | 09:00 | IFO − Business Climate | 104.8 | 103.5 | 104.1 |
| Mar 26 | 09:00 | IFO − Expectations | 98.4 | - | 98.2 |
German Ifo March business climate index rises to 104.8, beats consensus UPDATE (Thomson Financial News)
The Ifo research institute said its March business climate index rose to 104.8 from 104.1 in February, well above analysts' forecasts of a decline to 103.4. The March business assessment index, which measures current conditions, rose to 111.5 from 110.3 in February.
[ Full Story ]- Read the Business Climate data at IFO
- UPDATE: Business Confidence Remains Resilient At Europe's Core (Dow Jones)
- 2nd UPDATE: German Ifo Business Confidence Up Unexpectedly (Dow Jones)
- German Ifo March business climate index rises to 104.8, beats consensus UPDATE (Thomson Financial News)
Forex Trading Strategies - Another uptick in German IFO has EURUSD surging higher again by Saxo Bank
Daily Forex Technical Report − Focus on Germany Ifo and ECB Trichet by ActionForex.com
Daily Forex Outlook - Dollar falls on Poor Consumer Confidence. New Home Sales and German IFO key by Easy Forex
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Mar 26 | 09:00 | EMU | Current Account s.a (Jan) | -10.6B | -3.5B |
|
| 09:00 | DE | IFO − Expectations (Mar) | 98.4 | 98.2 | ||
| 09:30 | EMU | ECB's Trichet Speech | ||||
| 10:00 | EMU | Industrial New Orders (YoY) (Jan) | 7.3% | 3.3% | 2.2% |
|
| 10:00 | EMU | Industrial New Orders s.a. (MoM) (Jan) | 2.0% | 0.2% | -3.6% | |
| 11:00 | US | MBA Mortgage Applications (Mar 21) | 48.1% | -2.9% | ||
| 12:30 | US | Durable Goods Orders (Feb) | 0.8% | -5.3% | ||
| 12:30 | US | Durable Goods Orders ex Transportation (Feb) | -0.3% | -1.6% | ||
| 14:00 | US | New Home Sales (Feb) | 579.000K | 588.888K | ||
| 14:00 | US | New Home Sales (MoM) (Feb) | -1.7% | -2.8% | ||