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Live Sessions Schedule

Derek FreyDerek Frey's Outlook
Expert: Derek Frey
Start: Mon, Jun 30, 14:00 GMT
Sponsored by: Odom & Frey Futures, FOREX & Options
Type of Session: Webinar


Jerry FurstWeekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Jun 30, 16:00 GMT
Sponsored by: Investors Education Network
Type of Session: Webinar


Sponsored by
Mon, Jun 30, 14:00 GMTDerek Frey's OutlookDerek FreyWBNSponsored by Odom & Frey Futures, FOREX & Options
Mon, Jun 30, 15:00 GMTAdvanced Methods for Finding Dominant Trends in Forex Markets Mark WhistlerWBNSponsored by
Mon, Jun 30, 16:00 GMTWeekly Webinar: 1st on Forex − The Week AheadJerry FurstWBNSponsored by Investors Education Network
Tue, Jul 1, 08:00 GMTOutlook for the major currencies this weekIan CopseyWBNSponsored by
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Current Session: Europe − U.S.

EUR/USD

Daily Trading Forecast − Greenback Suffers a Double Punch by Swiss e Trade AG

The EUR / USD appreciated again in Asian and early European trading and is testing its long−term resistance point at 1.5850. The pair is currently trading at 1.5820. Due to the significant overbought situation right now, we don't think resistance will be broken today, if at all. No specific forecast.


[ Full Story ]

Other Topics for this Session:

Currency Technical Report − Currency Technical Report by FXGreece

Daily Forex News − Forex − Dollar fell to 3−week low as Oil surged to record high by ACM − Advanced Currency Markets

Dynamic Carry Basket − A Sharp Drop In Risk Appetite Cuts A Possible Carry Trade Breakout Short by FXCM

Currency Performance

Action Bias Summary Table − Action Bias Summary Table by ActionForex.com

FX Analysts' Comments

Majors Update by Valeria Bednarik, Analyst at MolFX − Management

Drop in USD/YEN before the big rise... by Dr. S. Sivaraman, of i−knowindices.com

FX' Signal

Weekly Forex Signals − Emergence of yen could weaken the greenback by Finotec Group Inc.

Majors at a Glance

EUR/USD
Trades around opening price level 1.5781 , above pivot level 1.5766
06/30/2008 10:04 GMT
GBP/USD
Trades around opening price level 1.9948 , above pivot level 1.9901
06/30/2008 10:13 GMT
USD/CHF
Trades around opening price level 1.0185 , below pivot level 1.0205
06/30/2008 10:14 GMT
USD/JPY
Moves down below first support level 105.60
06/30/2008 10:18 GMT

Analyst Sentiment Index (ASI)

Analysts Sentiment Index - EUR/USD


EUR

**Source : ActionForex.comCMS ForexDanske Bank A/SFXstreet.comGlobal Forex TradingMizuho Corporate Bank

[ View ASI page ] [ View EUR/USD page ]

Charting the Market Movers

EUR USD, Hourly


EUR/USD

GBP USD, Hourly


GBP/USD

Top Market Movers Preview

Japan TANKAN LARGE ALL INDUSTRY CAPEX

Date (GMT)EventCons.Previous
Jun 3023:50Tankan Large Manufacturing Outlook27
Jun 3023:50Tankan Non − Manufacturing Outlook713
Jun 3023:50Tankan Large Manufacturing Index311
Jun 3023:50Tankan Non − Manufacturing Index212
Jun 3023:50Tankan Large All Industry Capex2.0%-1.6%

Japanese govt bonds close slightly higher on weak stocks, ahead of Tankan (Thomson Financial News)

Japanese government bond prices closed slightly higher on Monday following losses in the stock market and as investors waited for the outcome of the Bank of Japan's Tankan quarterly business sentiment survey due out on Tuesday.

[ Full Story ]

Top Market Movers Review

EMU CONSUMER PRICE INDEX

Date (GMT)EventActualCons.Previous
Jun 3009:00Consumer Price Index (YoY)4.0%3.9%3.7%

DATA SNAP: Euro−Zone June CPI Hits Record High Of +4.0% YY (Dow Jones)

Euro−zone consumer prices surged in June, hitting a new record high Monday and probably increasing the European Central Bank's hawkish bias ahead of its rate−setting meeting Thursday.

[ Full Story ]

Friday Notes - EMU CPI: Further acceleration ahead by HVB Group

UK M4 MONEY SUPPLY

Date (GMT)EventActualCons.Previous
Jun 3008:30M4 Money Supply (MoM)0.4%-0.5%
Jun 3008:30M4 Money Supply (YoY)10%-11%

UK final May M4 unrevised at 0.4 pct on the month, 10.0 pct on year − BoE (Thomson Financial News)

UK money supply growth eased further in May due to tighter credit conditions and an economic slowdown, the Bank of England revealed Monday. The final release of money growth data for May showed M4 −− a broad measure of money supply −− rose 0.4 percent on the month and 10.0 percent on the year, unrevised from the preliminary estimates.

[ Full Story ]

UK MORTGAGE APPROVALS

Date (GMT)EventActualCons.Previous
Jun 3008:30Mortgage Approvals42K51K58K

DATA SNAP: UK May Mtge Approvals Slump To 42,000 Record Low (Dow Jones)

U.K. mortgage approvals slumped in May, dropping more than a quarter to a fresh record low, while net mortgage lending fell to its weakest level in more than six years last month underlining the troubles in the U.K. housing market.

[ Full Story ]

Economic Events

Date (GMT)CountryEventActualCons.Previous
Jun 3008:30UK Index of Services (Apr) 0.3%0.3%0.5%
08:30UK M4 Money Supply (MoM) (May) 0.4%0.5%
08:30UK M4 Money Supply (YoY) (May) 10%11%
08:30UK M4 Sterling Lending (May) £4.8£28.8B
08:30UK Net Consumer Credit (May) 1.4B1.0B1.1B
09:00EMUConsumer Price Index (YoY) (Jun) Preliminary Release4.0%3.9%3.7%
12:30CA Gross Domestic Product (MoM) (Apr) 0.3%-0.2%
13:45US Chicago Purchasing Managers' Index (Jun) 48.449.1
23:50JP Tankan Large All Industry Capex (2Q) 2.0%-1.6%
23:50JP Tankan Large Manufacturing Index (2Q) 311
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