Monday, Dec 08, 12:10 GMT
U.S. Trading Newsletter
To Get Started
- Webinar VIDEOS: Advanced Forex Trading: Momentum Versus Reversals Within Indicators by Mark Whistler
- All the events of the day in our Economic Calendar
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Forex Blogs
The Advisor Blog: Eur/Usd for today by Valeria Bednarik
The Eur/Usd is again moving inside an inverted triangle, usually a reversion figure; a few minutes ago, the pair reached the ascendant trend line at the top of the figure, and right now, is also fighting the 200 EMA at 4 hours charts.
FX Bootcamp: Weekly Pivot Points by Wayne McDonell
FX Market Readings: Trend setting week by Dr. S. Sivaraman
Live Sessions Schedule
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Dec 8, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
Advanced Methods for Finding Dominant Trends in Forex Markets
Expert: Mark Whistler
Start: Mon, Dec 8, 16:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Dec 8, 14:00 GMT | Year end Fundamental Review  | Adam Rosen | WBN |  |
| Mon, Dec 8, 15:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
| Mon, Dec 8, 16:00 GMT | Advanced Methods for Finding Dominant Trends in Forex Markets | Mark Whistler | WBN | |
| Mon, Dec 8, 17:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
Current Session: Europe − U.S.
EUR/JPY
The Yen falls slightly as stocks gain helping the carry trade
Finotec Group Inc. − The Japanese yen fell against the euro as Asian stocks rallied, giving investors confidence to increase holdings of higher−yielding assets funded in Japan's currency. The yen also slid against the Australian dollar, a favorite of so−called carry trades, after shares rose for a second day as U.S. lawmaker's neared agreement on bridge loans for General Motors Corp. and Chrysler LLC to help the automakers survive this month.
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EUR/USD
Daily Trading Forecast − Has the Euro Seen its Lows? by Swiss e Trade AG
To answer that, let's start at the beginning: The euro began life in 2001 at 0.8500 against the dollar (in banknotes, after a bout of weakness from 1.2700 when the euro was introduced earlier as only a billing unit for a start), then rising continously to over 1.6000 in July this year
Forex Trading Strategies − Market gunning for risk appetite after horrific US employment report seemingly brushed aside by FOREX.com
Friday's awful US employment report was truly one for the record books, with more than half a million Americans losing their jobs in November, far worse than an already bad number expected and the worst drop in jobs since the 1974 meltdown triggered by the first oil embargo crisis
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, i-knowindices.com, Mizuho Corporate Bank, MolFX - Management
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
Canada HOUSING STARTS S.A
| Date (GMT) | Event | Cons. | Previous | |
| Dec 8 | 13:15 | Housing Starts s.a (YoY) | 194.0K | 211.8K |
Weekly Economic Letter - Update on global housing market by National Bank of Canada
Countries most vulnerable to a housing correction tend to register the most significant drops in home prices. The Canadian housing market is unlikely to experience a severe price reversal.
[ Full Story ]Top Market Movers Review
Germany INDUSTRIAL PRODUCTION S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Dec 8 | 11:00 | Industrial Production s.a. (MoM) | -2.1% | -1.9% | -3.3% |
| Dec 8 | 11:00 | Industrial Production s.a. w.d.a. (YoY) | -3.8% | -3.6% | -1.8% |
German Oct industry output falls more than expected (Thomson Financial News)
German industrial production fell by a larger−than−expected 2.1 percent month−on−month in October, led by a sharp slowdown at manufacturing and construction firms, preliminary Economy Ministry figures showed on Monday.
[ Full Story ]- Read the Industrial Production data at BMWi [text in German]
- INSTANT VIEW 4−German industry output falls 2.1 pct in Oct (Thomson Financial News)
- INSTANT VIEW 3−German industry output falls 2.1 pct in Oct (Thomson Financial News)
- INSTANT VIEW 2−German industry output falls 2.1 pct in Oct (Thomson Financial News)
EMU economic indicators - Output in the German producing sector (October): down by BHF−Bank
Friday Notes - Industrial Production Punging by HVB Group
UK PRODUCER PRICE INDEX − INPUT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Dec 8 | 09:30 | Producer Price Index − Input (YoY) n.s.a | 7.5% | 6.5% | 15.4% |
| Dec 8 | 09:30 | Producer Price Index − Input (MoM) s.a | -3.3% | -2.9% | -4.3% |
| Dec 8 | 09:30 | Producer Price Index − Output (MoM) n.s.a | -0.7% | -0.7% | -1.0% |
| Dec 8 | 09:30 | Producer Price Index − Output (YoY) n.s.a | 5.1% | 5.2% | 6.7% |
DATA SNAP: UK Producer Prices Weaken Again In November (Dow Jones)
U.K. factory gate prices fell for a fourth consecutive month in November, further evidence that inflationary pressures are easing rapidly as the economy slows, data from the Office for National Statistics showed Monday.
[ Full Story ]- Read the PPI data at UK Statistics
- UPDATE: UK Nov Producer Prices Weaken On Falling Oil Prices (Dow Jones)
- UPDATE 1−UK producer prices and costs fall in November (Thomson Financial News)
- INSTANT VIEW 5−UK producer prices fall in November (Thomson Financial News)
Spot Forex Trades - EURGBP to a New Decade High! by ForexSurvivor
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Dec 8 | 09:30 | UK | Producer Price Index − Input (YoY) n.s.a (Nov) | 7.5% | 6.5% | 15.4% |
| 09:30 | UK | Producer Price Index − Output (MoM) n.s.a (Nov) | -0.7% | -0.7% | -1.0% | |
| 09:30 | UK | Producer Price Index − Output (YoY) n.s.a (Nov) | 5.1% | 5.2% | 6.7% |
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| 09:30 | EMU | Sentix Investor Confidence (Dec) | -42.3 | -40.0 | -36.4 | |
| 11:00 | DE | Industrial Production s.a. (MoM) (Oct) | -2.1% | -1.9% | -3.3% |
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| 11:00 | DE | Industrial Production s.a. w.d.a. (YoY) (Oct) | -3.8% | -3.6% | -1.8% |
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| 13:00 | EMU | ECB Trichet's Speech | ||||
| 13:15 | CA | Housing Starts s.a (YoY) (Nov) | 194.0K | 211.8K | ||
| 23:50 | JP | Gross Domestic Product (QoQ) (3Q) | -0.2% | -0.7% | ||
| 23:50 | JP | Gross Domestic Product Annualized (3Q) | -0.9% | -3.0% | ||