Friday, Jan 30, 12:12 GMT
U.S. Trading Newsletter
To Get Started
- Webinar VIDEOS: Trading Strategy Esentials by Phil Newton
- All the events of the day in our Economic Calendar
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Forex Blogs
The Advisor Blog: Starting the day by Valeria Bednarik
Hi everyone, welcome back! Ok, the day is just starting, so to call a January end of month could be a little too early, but looking charts my friends, bigger ones I mean, the theory of "the less weak− winning battle" is still valid, and will be around us for some more time (and probably a long one), but remember! a battle is not the war!
FX Market Readings: Month end moves by Dr.S. Sivaraman
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Live Sessions Schedule
Watch Live Coverage of the US GDP
Expert: Jerry Furst
Start: Fri, Jan 30, 12:30 GMT
Sponsored by: 
Type of Session: Webinar
Main Fundamental theme in the Currency Market
Expert: John Kicklighter
Start: Fri, Jan 30, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Jan 30, 12:30 GMT | Watch Live Coverage of the US GDP | Jerry Furst | WBN | |
| Fri, Jan 30, 14:00 GMT | FX Market Pulse  | Raghee Horner | WBN |  |
| Fri, Jan 30, 14:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Fri, Jan 30, 15:00 GMT | Main Fundamental theme in the Currency Market | John Kicklighter | WBN | |
Current Session: Europe − U.S.
Forex − Japanese Data Shows Marked Deterioration − Risk aversion elevated
ACM − Advanced Currency Markets − Capped at 1.3180, has done a sharp downside throwback, on the breach of 1.3030, towards its former trough, with some support as it approaches 1.2860. Below that level, a minor support line is at 1.2810, before the through at 1.2770. The main support line is at 1.2700. The currency pair is seen testing key supports.
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Daily FX Report − NZD/USD could continue its bearish trend phase. by Varengold Wertpapierhandelsbank AG
Since the end of September, the NZD/USD has been trading in three downward Fibonacci fan lines. After touching the 0.60 resistance line in January, the market pulled down and broke trough the upper Fibonacci line.
Forex Trading Strategies − Competition hots up for the worst data... by Saxo Bank
The dramatic failure at 1.5200 resistance combined with SNB's Roth comments about no need to act at the moment puts the lower range of consolidation at 1.4730−35 in focus.
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
US GROSS DOMESTIC PRODUCT ANNUALIZED
| Date (GMT) | Event | Cons. | Previous | |
| Jan 30 | 13:30 | Gross Domestic Purchases Price Index | - | 4.5% |
| Jan 30 | 13:30 | Gross Domestic Product Annualized | -5.0% | -0.5% |
Trading News Report - EUR/USD: Trading the U.S. Gross Domestic Product by FXCM
The advanced GDP reading for the U.S. is expected to show a 5.5% contraction in fourth quarter, which would be the biggest decline since 1982, and would certainly stoke increased selling pressures for the greenback as the world's largest economy faces its longest recession since the Great Depression.
[ Full Story ]- TREASURIES−Prices steady as mkt braces for Q4 GDP (Thomson Financial News)
- The Day Ahead Canada & U.S.: North American GDP Reports (CEP News)
Daily Market Briefing - US Dollar, Japanese Yen Remain Strong Ahead of US Q4 GDP Data − How Bad Will It Be? by FXCM
Top Market Movers Review
EMU CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 30 | 10:00 | Consumer Price Index (YoY) | 1.1% | 1.4% | 1.6% |
UPDATE 1−Euro zone inflation near decade low, jobless up (Thomson Financial News)
Euro zone inflation plunged this month to its lowest in almost 10 years and unemployment rose, data showed, boosting pressure on the ECB to cut interest rates further as price growth is now well below its target.
[ Full Story ]- Read the CPI data at Eurostat
- INSTANT VIEW 6−Euro zone inflation sinks, unemployment up (Thomson Financial News)
- INSTANT VIEW 5−Euro zone inflation sinks, unemployment up (Thomson Financial News)
- INSTANT VIEW 4−Euro zone inflation sinks, unemployment up (Thomson Financial News)
Daily Market Briefing - Euro Pulls Back as Evidence Continues to Point Towards Further ECB Rate Cuts − Watch CPI on Friday by FXCM
EMU economic indicators - EMU inflation flash estimate (January): down further to 1.5% yoy by BHF−Bank
UK MORTGAGE APPROVALS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 30 | 09:30 | Net Lending to Individuals | £2.2B | - | £1.6B |
| Jan 30 | 09:30 | Mortgage Approvals | 31K | 26K | 27K |
DATA SNAP:UK Dec Mtge Lending +GBP1.9B; Approvals 31,000−BOE (Dow Jones)
U.K. net mortgage lending and new approvals increased sharply and unexpectedly in December, but there was only a meager rise in consumer credit and a fall in net credit card loans for the first time in almost two years, Bank of England data showed Friday.
[ Full Story ]- Read the Mortgage Approvals data at BoE
- UPDATE 1−UK mortgage lending rise triples forecast in December (Thomson Financial News)
- INSTANT VIEW 7−UK mortgage approvals show surprise rise in Dec (Thomson Financial News)
- INSTANT VIEW 6−UK mortgage approvals show surprise rise in Dec (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jan 30 | 09:30 | UK | Consumer Credit (Dec) | £0.30B | £0.80B | £0.75B |
| 09:30 | UK | M4 Money Supply (MoM) (Dec) | 1.4% | 1.2% | ||
| 09:30 | UK | M4 Sterling Lending (Dec) | £12.8 | £12.1B | ||
| 09:30 | UK | Net Lending to Individuals | £2.2B | £1.6B |
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| 10:00 | EMU | Consumer Price Index (YoY) (Dec)  | 1.1% | 1.4% | 1.6% | |
| 10:00 | EMU | Unemployment Rate (Dec) | 8.0% | 7.9% | 7.9% |
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| 13:30 | US | Employment Cost Index (Dec) | 0.7% | 0.7% | ||
| 13:30 | CA | Gross Domestic Product (MoM) (Nov) | -0.4% | -0.1% | ||
| 13:30 | US | Gross Domestic Product Annualized (4Q) | -5.0% | -0.5% | ||
| 13:30 | US | Gross Domestic Purchases Price Index (4Q) | 4.5% | |||