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Live Sessions Schedule
Dan Blystone's Daily Briefing
Expert: Dan Blystone
Start: Wed, Jun 18, 12:30 GMT
Type of Session: Webinar
Live Look at Today's Markets
Expert: Derek Frey
Start: Wed, Jun 18, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Jun 18, 12:30 GMT | Dan Blystone's Daily Briefing | Dan Blystone | WBN |  |
| Wed, Jun 18, 13:00 GMT | Main Fundamental theme in the Currency market | Kathy Lien | WBN |  |
| Wed, Jun 18, 15:00 GMT | Institutional Trading Strategies  | Andrei Pehar | WBN | |
| Wed, Jun 18, 16:00 GMT | Advanced Event−Trading Strategies | Don Wilcox | WBN |  |
Current Session: Europe − U.S.
USD/JPY
Daily Trading Forecast − Lower Volatility in the USD Likely to Continue by Swiss e Trade AG
The USD / JPY, currently trading at 108.28, shows a pronounced weakness of the Japanese yen, not an overall strength of the U.S. dollar. We expect this uptrend of the pair to continue but would like to see a much−needed downward correction before considering a long−term position.
- Dan Blystone's Daily Briefing − Webinar
- The Advisor Weblog by Valeria Bednarik, Analyst at MolFX − Management
- The Forex Game: Stop Losing Dollars... Win Duellars!
- Understanding The Exact Process Behind The Movement In Price Sam Seiden, Stocks, Futures, Forex and Options Trader Online Trading Academy
- Check out how pairs moved: Live Currency Rates & Charts
Other Topics for this Session:
Currency Technical Report − Currency Technical Report by FXGreece
Daily FX Report − Fed is not expected to increase its rate by Varengold Wertpapierhandelsbank AG
Currency Performance
Action Bias Summary Table − Action Bias Summary Table by ActionForex.com
FX Analysts' Comments
Trading opportunities by Valeria Bednarik, Analyst at MolFX − Management
Contrarian moves are seen before further rise in EURO and GBP... by Dr. S. Sivaraman, of i−knowindices.com
Majors at a Glance
- EUR/USD
- Trades around pivot level 1.5507
06/18/2008 10:45 GMT - GBP/USD
- Moves down towards first support level 1.9456
06/18/2008 10:46 GMT - USD/CHF
- Trades above pivot level 1.0416
06/18/2008 10:47 GMT - USD/JPY
- Moves up above pivot level 107.97
06/18/2008 10:50 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 EIA CRUDE OIL STOCKS CHANGE
| Date (GMT) | Event | Cons. | Previous | |
| Jun 18 | 14:30 | EIA Crude Oil Stocks change | -1.5M | -4.6M |
OUTLOOK U.S. crude oil stocks expected lower for fifth week in a row (Thomson Financial News)
U.S. crude oil stocks are expected to have fallen for the fifth week in a row, according to analysts polled by Thomson Financial News. In the week to June 13, crude oil inventories in the world's biggest consumer most likely fell by 700,000 barrels, estimated the analysts.
[ Full Story ]Top Market Movers Review
UK CBI INDUSTRIAL TRENDS SURVEY − ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 18 | 10:00 | CBI Industrial Trends Survey − Orders (MoM) | 1 | -12 | -10 |
UK CBI Industrial trends increase slightly in June against expectations (FXstreet.com)
United Kingdom's manufacturer's order books have seen a slight improvement in June, gains the market expectations of a negative reading, while prices of manufactured goods will continue rising over the next three months, according to the latest industrial trends survey by the Confederation of British Industry.
[ Full Story ]- Read the Industrial Trends Survey at CBI
- UK manufacturers continue to seek higher prices as orders improve − CBI UPDATE (Thomson Financial News)
- UK manufacturers continue to seek higher prices as orders improve slightly − CBI (Thomson Financial News)
- United Kingdom CBI Industrial Trends Survey − Orders up to 1 in Jun from −10 in May (FXstreet.com)
Switzerland ZEW SURVEY − EXPECTATIONS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 18 | 09:00 | ZEW Survey − Expectations | -63.8 | -60.8 | -60.4 |
Swiss ZEW economic sentiment declines lower than expected in June (FXstreet.com)
The ZEW indicator for economic sentiment points out to a weakening of the country's economic momentum on a six month horizon, as the economic expectations index has declined deeper than expected in June.
[ Full Story ]- Read the Expectations survey data at ZEW
- Credit Suisse/ZEW June economic indicator drops to minus 63.8 points (Thomson Financial News)
- Switzerland ZEW Survey − Expectations, down to −63.8 in Jun; −60.8 expected (FXstreet.com)
UK BANK OF ENGLAND MINUTES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 18 | 08:30 | Bank of England Minutes | - | - | - |
BoE voted 8−1 to keep Bank Rate unchanged at 5.00 pct; considered rate hike (Thomson Financial News)
Rate−setters at the Bank of England considered lifting borrowing costs at its last meeting on June 5 but ongoing fears about the outlook for the UK economy stayed their hand.
[ Full Story ]- Read the MPC Minutes at BoE
- Gilts fall after BoE minutes show MPC considered rate hike at June meeting (Thomson Financial News)
- The Bank of England approved by 8 to 1 to maintain current Bank Rate on hold (FXstreet.com)
- UK Government Estimates Northern Rock Loan GBP19.3 Billion By Summer (Dow Jones)
News and opinion from the ground - Intense Inflation Pressures: Fed And Bank Of England Have Their Hands Tied by GraceCheng.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 18 | 08:30 | UK | Bank of England Minutes (Jun 18) | |||
| 09:00 | EMU | Construction Output s.a (MoM) (Apr) | -0.8% | -2.2% | ||
| 09:00 | EMU | Construction Output w.d.a (YoY) (Apr) | -2.4% | -1.4% | ||
| 09:00 | CH | ZEW Survey − Expectations (Jun) | -63.8 | -60.8 | -60.4 | |
| 10:00 | UK | CBI Industrial Trends Survey − Orders (MoM) (Jun) | 1 | -12 | -10 | |
| 11:00 | US | MBA Mortgage Applications (Jun 13) | -8.8% | 10.9% | ||
| 12:30 | CA | Leading Indicators (MoM) (May) | 0.1% | 0.1% | ||
| 14:30 | US | EIA Crude Oil Stocks change (Jun 13) | -1.5M | -4.6M | ||
| 18:30 | UK | BoE's Governor King Speech | ||||
| 23:50 | JP | All Industry Activity Index (MoM) (Apr) | 0.4% | 0.5% | ||