Friday, Dec 19, 11:47 GMT
U.S. Trading Newsletter
To Get Started
- Webinar VIDEOS: Obamanomics 2009: How to Survive and Prosper in Accelerating Credit Bubble Crisis Ahead by John O'Donnell
- 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
Looking at 4 hours charts, the pair has just give a bearish signal with this last 5 hours candle opening, as momentum has crossed to the downside the 0.00 line, while candle opened under the 20 periods SMA.
FX Market Readings: Continuation of volatile moves for week end by Dr.S. Sivaraman
Forex Trading Today: Queen Sterling Out?... King Euro In? by Tim Salem
Live Sessions Schedule
Fibonacci Friday
Expert: Andrei Pehar
Start: Fri, Dec 19, 16:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Dec 19, 13:00 GMT | Identifying Cycles in the Market | Valeria Bednarik | WBN |  |
| Fri, Dec 19, 15:00 GMT | Banging around the Bands  | Chris Capre | WBN | |
| Fri, Dec 19, 16:00 GMT | Fibonacci Friday | Andrei Pehar | WBN | |
| Mon, Dec 22, 10:00 GMT | Understand & Use Fibonacci Ratios Effectively | Sunil Mangwani | WBN |  |
Current Session: Europe − U.S.
USD/JPY
The Greenback falls despite the BOJ's rate cut
Finotec Group Inc. The dollar gained a brief lift against the yen after the Bank of Japan cut interest rates on Friday, but quickly gave up its gains, hurt by ongoing worries about the U.S. economy's outlook.
The USD/JPY is currently trading at 88.56 as of 8:30am, GMT.
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GBP/USD
Forex Technical Analysis on Majors − The pair has finalized the downtrend from 2.0153 at 1.4477 by www.deltastock.com
The pair has finalized the downtrend from 2.0153 at 1.4477 and is currently in a broad consolidation towards 1.6676. Trading is situated below the 50− and 200−day SMA, currently projected at 1.5505 and 1.8341.
ENERGIES
Natural Gas Technical Outlook by Oil N' Gold
No change in Natural Gas' outlook as it's still bounded in range of 5.458 and 5.855. Further decline is still in favor to retest 5.458 low.
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 CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Dec 19 | 12:00 | Bank of Canada Consumer Price Index Core (YoY) | 1.5% | 1.7% |
| Dec 19 | 12:00 | Bank of Canada Consumer Price Index Core (MoM) | -0.2% | -0.2% |
| Dec 19 | 12:00 | Consumer Price Index (YoY) | 1.8% | 2.6% |
| Dec 19 | 12:00 | Consumer Price Index (MoM) | -0.5% | -1.0% |
Trading News Report - Easing Inflation Could Sink the Canadian Dollar by FXCM
Inflation in Canada is expected to have another historic drop aseconomists are predicting that consumer prices will fall to 1.5% from2.6% in November. The report may not pack the same punch as previousones as the markets are fully expecting price pressures to ease at arapid pace.
[ Full Story ]Daily Market Briefing - Canadian Dollar Could Slump as CPI is Forecasted to Fall Below BOC's 2% Target by FXCM
Top Market Movers Review
UK TOTAL BUSINESS INVESTMENT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Dec 19 | 09:30 | Total Business Investment (YoY) | -0.1% | - | 1.2% |
| Dec 19 | 09:30 | Total Business Investment (QoQ) | -1.3% | - | -1.0% |
UK Business Investment declines in the third quarter (FXstreet.com)
Business Investment has declined in the third quarter of the year for the third consecutive time, according to data released by National Statistics.
[ Full Story ]- Read the Business Investment data at UK Statistics
- DATA SNAP: UK 3Q Business Invest 2nd Est −1.3% QQ; −0.1% YY (Dow Jones)
- United Kingdom Total Business Investment declines 1.3% in 3Q; 0.1% down y/y (FXstreet.com)
Germany PRODUCER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Dec 19 | 07:00 | Producer Price Index (YoY) | 5.3% | 5.8% | 7.8% |
| Dec 19 | 07:00 | Producer Price Index (MoM) | -1.5% | -1.0% | 0.0% |
German producer prices post record decline in November (FXstreet.com)
Producer prices have declined beyond expectations in November, posting the largest month on month decline since records began in 1949, according to data released by the Federal Statistics Office.
[ Full Story ]- Read the PPI data at German Statistics
- TABLE−German Nov PPI −1.5 pct m/m, +5.3 pct y/y (Thomson Financial News)
- German Producer Price Index declines 1.5% in November; 5.3% up year on year (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Dec 19 | 07:00 | DE | Producer Price Index (MoM) (Nov) | -1.5% | -1.0% | 0.0% |
| 07:00 | DE | Producer Price Index (YoY) (Nov) | 5.3% | 5.8% | 7.8% | |
| 08:00 | JP | BoJ's Governor Shirakawa Speech | ||||
| 08:00 | TR | TCMB Interest Rate Decision | 15.00% | 16.25% | ||
| 09:30 | UK | Total Business Investment (QoQ) (3Q) | -1.3% | -1.0% | ||
| 09:30 | UK | Total Business Investment (YoY) (3Q) | -0.1% | 1.2% | ||
| 12:00 | CA | Bank of Canada Consumer Price Index Core (MoM) (Nov) | -0.2% | -0.2% |
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| 12:00 | CA | Bank of Canada Consumer Price Index Core (YoY) (Nov) | 1.5% | 1.7% | ||
| 12:00 | CA | Consumer Price Index (MoM) (Nov) | -0.5% | -1.0% | ||
| 12:00 | CA | Consumer Price Index (YoY) (Nov) | 1.8% | 2.6% | ||