Tuesday, Apr 14, 11:04 GMT
U.S. Trading Newsletter
To Get Started
- Introducing Active Trader Special live event to present the new FXCM's trading platform. April 16th at 14:00 GMT
- Join the awesome educational experience brought to you by FXstreet.com team - The Learning Center is a new, serious and refreshing program to learn Forex!
- Webinar Videos: Technical Trading Strategist in the short and longer term by Valeria Bednarik
- All the events of the day in our Economic Calendar
Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.
Forex Blogs
CEO's weblog: Effective Date of NFA Requirements Regarding Forex Orders by Francesc Riverola
NFA has received notice that the Commodity Futures Trading Commission has approved new NFA Compliance Rule 2−43 regarding forex orders. The prohibition on carrying offsetting transactions will be effective for any positions established after May 15, 2009.
Forex Trading Today: Key Levels Continue to Atract Attention with Most Majors and Crosses by Tim Salem
The Trader's Edge: EUR/NZD Video Analysis by Ross Yamashita
Find other fellow traders to share your comments and market view in the FOREX FORUM
Sponsored by 
Live Sessions Schedule
The Weather Report: Ichimoku Cloud Trading
Expert: Chris Capre
Start: Tue, Apr 14, 14:00 GMT
Type of Session: Webinar
Trading with Autochartist
Expert: Raghee Horner
Start: Tue, Apr 14, 15:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Apr 14, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, Apr 14, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
| Tue, Apr 14, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Tue, Apr 14, 14:00 GMT | The Weather Report: Ichimoku Cloud Trading | Chris Capre | WBN | |
Current Session: Europe − U.S.
European stocks rise on financials, EUR/USD falls, USD/JPY below 100.00
FXstreet.com − European stocks are rising as Goldman Sachs Group report has beat market expectations and it has announced that the bank will raise 5 billion to repay federal rescue funds. Market has been lead by financials, Barklays and Deutsche bank are advancing more than 2.5%.
GBP/USD
EUR/USD, GBP/USD − Downside Potential Opens up Again by Swiss e Trade AG
Cable is keeping an unusually strong bid tone this European morning, and may attack the recent highs around 1.4950. It's currently trading at 1.4890. We expect this strength to ease soon, reversing course today, which will probably lead the market to the 1.4750 mark.
EUR/USD
Holding Above Long Term Support by FXTechstrategy
Watch Out For Upside Risks −With the pair's longer term declines initiated in Nov'07 at 2.1161 now halted and having bottomed in Jan'09 (at the 1.3504 level) and worked its way higher for the last two to three months, continued hold on to those gains by GBP and maintaining above the mentioned longer term support zone will risk further higher prices.
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 PRODUCER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Apr 14 | 12:30 | Producer Price Index (YoY) | -2.2% | -1.3% |
| Apr 14 | 12:30 | Producer Price Index ex Food & Energy (MoM) | 0.1% | 0.2% |
| Apr 14 | 12:30 | Producer Price Index (MoM) | 0.0% | 0.1% |
| Apr 14 | 12:30 | Producer Price Index ex Food & Energy (YoY) | 4% | 4% |
Friday Notes - finished goods PPI has been bouncing around from month to month by UniCredit Group
The finished goods PPI has been bouncing around from month to month mainly in response to shifts in energy and food costs. Disinflation for core finished producer goods is still intact when those factors are filtered out.
[ Full Story ]Top Market Movers Review
Japan BOJ MONETARY POLICY MEETING
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 9 | 23:50 | BoJ Monetary Policy Meeting | - | - | - |
BOJ Minutes of Meeting (FXstreet.com)
The BOJ Meeting minutes released Friday showed that much of the discussion at the meeting centered on a proposal by the bank to increase its purchases of Japanese government bonds, with a consensus emerging on the board that it was crucial to keep such purchases to the amount of outstanding banknotes.
[ Full Story ]- Read the Meeting data at Bank of Japan
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 12 | 23:50 | JP | Domestic Corporate Goods Price Index (YoY) (Mar) | -2.2% | -1.8% | -1.6% |
| Apr 13 | 14:30 | CA | Bank of Canada Business Outlook Survey (1Q) | |||
| 22:45 | NZ | Retail Sales (MoM) (Feb) | 0.2% | -0.4% | -1.2% |
|
| 22:45 | NZ | Retail Sales ex Autos (MoM) (Feb) | -0.1% | -0.1% | 0.2% |
|
| Apr 14 | 01:30 | AU | National Australia Bank's Business Conditions (Mar) | -17 | -20 | |
| 01:30 | AU | National Australia Bank's Business Confidence (Mar) | -13 | -22 | ||
| 12:30 | US | Producer Price Index (MoM) (Mar) | 0.0% | 0.1% | ||
| 12:30 | US | Producer Price Index (YoY) (Mar) | -2.2% | -1.3% | ||
| 12:30 | US | Producer Price Index ex Food & Energy (MoM) (Mar) | 0.1% | 0.2% | ||
| 12:30 | US | Producer Price Index ex Food & Energy (YoY) (Mar) | 4% | 4% | ||