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Dan Blystone's Daily Briefing
Expert: Dan Blystone
Start: Mon, Jun 16, 12:30 GMT
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Jun 16, 14:00 GMT
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Type of Session: Webinar
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| Mon, Jun 16, 12:30 GMT | Dan Blystone's Daily Briefing | Dan Blystone | WBN |  |
| Mon, Jun 16, 13:00 GMT | Trading Strategies with ADX  | Valeria Bednarik | WBN | |
| Mon, Jun 16, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
| Mon, Jun 16, 15:00 GMT | Advanced Methods for Finding Dominant Trends in Forex Markets | Mark Whistler | WBN | |
Current Session: Europe − U.S.
GBP/USD
Daily Trading Forecast − G8 Fails to Comment on Currencies by Swiss e Trade AG
The GBP / USD is currently trading at 1.9601, after recovering from lows made in Asian trading seen at 1.9413. This recovery in the GBP / USD is taking prices up to first resistance, which we see at 1.9635 and which we expect to hold in today's trading. We feel cable has more potential on the downside but want to see confirmation of the downtrend with a break of support at 1.9375. In the meantime, watch for choppy trading.
- Dan Blystone's Daily Briefing − Webinar
- The Forex Game: Stop Losing Dollars... Win Duellars!
- Combining Fundamental and Technical Analysis 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 Real Time Economic Calendar
Other Topics for this Session:
Forex Analysis on Majors − Euro is still weak by Forex Ltd
Technical Trader Closing Brief − Excellent Close to the Week by The Technical Trader
Daily FX Report − EUR/USD is expected to fall more by Varengold Wertpapierhandelsbank AG
Banks' Analysis
Daily Technical Analysis − EUR: Attempt small longs at 1.5415, adding to 1.5375 by Mizuho Corporate Bank
Currency Performance
Action Bias Summary Table − Action Bias Summary Table by ActionForex.com
FX Analysts' Comments
Volatile moves will prevail for a week... by Dr. S. Sivaraman, of i−knowindices.com
European Union Gets a "NO" Vote −− G−8 to Raise Rates? by Jerry Furst, Director Investors Education Network
Majors at a Glance
- EUR/USD
- Moves down below pivot level 1.5381
06/16/2008 10:17 GMT - GBP/USD
- Trades around first resistant level 1.9519
06/16/2008 10:22 GMT - USD/CHF
- Moves up above pivot level 1.0473
06/16/2008 10:27 GMT - USD/JPY
- Moves up above first resistant level 108.51
06/16/2008 10:55 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 NAHB HOUSING MARKET INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Jun 16 | 17:00 | NAHB Housing Market Index | 19 | 19 |
Friday Notes - Little optimism among builders by HVB Group
Not much has changed in the housing market. Most important, demand remains soft, inventories of unsold homes remain very large, and builders face tougher borrowing conditions to finance undeveloped land.
[ Full Story ]- Ahead of the Bell: Builder Sentiment (Thomson Financial News)
Top Market Movers Review
EMU CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 16 | 09:00 | Consumer Price Index (MoM) | 0.6% | 0.6% | 0.3% |
| Jun 16 | 09:00 | Consumer Price Index − Core (YoY) | 1.7% | 1.8% | 1.6% |
| Jun 16 | 09:00 | Consumer Price Index (YoY) | 3.7% | 3.6% | 3.3% |
DATA SNAP:Euro−Zone May CPI Revised Up To 3.7% YY;16−Yr High (Dow Jones)
Euro−zone consumer prices rose at a faster−than−expected rate in May, data from the European Union's official statistics agency Eurostat showed Monday, increasing the chances that the European Central Bank will hike interest rates in July.
[ Full Story ]- Read the CPI data at Eurostat
- UPDATE:Euro−Zone May CPI Revised Up To 3.7% YY;16−Yr High (Dow Jones)
- Forex − Euro firms as inflation figures come in above expectations (Thomson Financial News)
- Euro zone May HICP up 3.7 percent year−on−year vs 3.6 percent provisional (Thomson Financial News)
Friday Notes - EMU CPI: No relief in sight by HVB Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 16 | 04:00 | JP | Tokyo Condominium Sales (YoY) (May) | -17.7% | -29.7% | |
| 07:15 | CH | Adjusted Real Retail Sales (YoY) (Apr) | -9.4% | 9.7% | ||
| 09:00 | EMU | Consumer Price Index − Core (YoY) (May) | 1.7% | 1.8% | 1.6% | |
| 09:00 | EMU | Consumer Price Index (MoM) (May) | 0.6% | 0.6% | 0.3% | |
| 09:00 | EMU | Consumer Price Index (YoY) (May) | 3.7% | 3.6% | 3.3% | |
| 12:30 | CA | New Motor Vehicle Sales (MoM) (Apr) | 0.4% | -0.5% | ||
| 12:30 | US | NY Empire State Manufacturing Index (Jun) | -1.50 | -3.23 | ||
| 13:00 | US | Net Long−term TIC Flows (Apr) | $80.4B | |||
| 13:00 | US | Total Net TIC Flows (Apr) | -48.2 | |||
| 14:00 | US | Fed's Bernanke Speech | ||||