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U.S. Trading Newsletter
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- WEBINAR VIDEOS: New NFA Regulations: How Currency Trading Will Be Affected by Rob Booker
- All the events of the day in our Economic Calendar
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Forex Blogs
Tech Trading: GBP/JPY Minor trend line broken by César B. Leiceaga
U.K. CPI data determined cable's direction and bears are now taking control of the situation. The 200 SMA and 61,80% Fib level 151,88 (1 hour chart) held bull's intentions to push foward for a retest of 153,00 − 153,20's. Short & medium term trends point out a bearish scenario for the pair.
FX Market Readings: Half way done by Dr. S. Sivaraman
Francesc's Weblog: What would you do if someone is copying everything from you? by Francesc Riverola
Sponsored by 
Live Sessions Schedule
The Weather Report: Ichimoku Cloud Trading
Expert: Chris Capre
Start: Tue, Sep 15, 14:00 GMT
Type of Session: Webinar
Drilling down, Support and Resistance
Expert: Triffany Hammond
Start: Tue, Sep 15, 16:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Sep 15, 12:30 GMT | Which Central Bank is most likely to raise interest rates first?  | Adam Rosen | WBN |  |
| Tue, Sep 15, 14:00 GMT | The Weather Report: Ichimoku Cloud Trading | Chris Capre | WBN | |
| Tue, Sep 15, 16:00 GMT | Drilling down, Support and Resistance | Triffany Hammond | WBN | |
| Tue, Sep 15, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN |  |
Current Session: Europe − U.S.
Cable declined sharply, breaching the ascending channel's support again
ecPulse.com − Cable declined sharply, breaching the ascending channel's support again, but this time the decline was harmonized with the bearish technical pattern's formation, with the neckline at 1.6515. The pressure are constant upon this level to be breached, thus chances of reversing to the downside for today remain strong, which will be confirmed with four−hour closing below level 1.6500 – the pivot point for today's intraday direction– and then head towards 1.6375 – 1.6300.
USD/JPY
USD/JPY is unwinding an oversold condition by ACM − Advanced Currency Markets
USD/JPY is unwinding an oversold condition. The lethal combination of verbal intervention and the psychological 90.0 lvl has sent seller packing. Focus is now on 92.60
GOLD
Gold touched its highest level around the 1010.00 level by Varengold Wertpapierhandelsbank AG
The precious metal has been trading in a bullish trend−channel during the September and touched its highest level around the 1010.00 level.
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 RETAIL SALES
| Date (GMT) | Event | Cons. | Previous | |
| Sep 15 | 12:30 | Retail Sales ex Autos (MoM) | 0.4% | -0.6% |
| Sep 15 | 12:30 | Retail Sales (MoM) | 1.7% | -0.1% |
Weekly Focus - US retail sales will be the mover of the week by Danske Bank A/S
US retail sales will be the mover of the week. The market is still waiting for signs of a pick−up in consumer demand in the US.
[ Full Story ]Sunrise Market Commentary - US retail sales in the focus today by KBC Bank
The Week Ahead - Business Inventories, CPI, IP, Retail Sales and Housing Starts by BBVA Bancomer
US CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Sep 16 | 12:30 | Consumer Price Index Ex Food & Energy (MoM) | 0.1% | 0.1% |
| Sep 16 | 12:30 | Consumer Price Index (YoY) | -1.7% | -2.1% |
| Sep 16 | 12:30 | Consumer Price Index (MoM) | 0.4% | 0.0% |
| Sep 16 | 12:30 | Consumer Price Index Ex Food & Energy (YoY) | 1.4% | 1.5% |
The Week Ahead - Business Inventories, CPI, IP, Retail Sales and Housing Starts by BBVA Bancomer
[ Full Story ]US economic indicators - PPI & CPI (August): further decline in yearly core inflation rates by BHF−Bank
Switzerland SNB INTEREST RATE DECISION
| Date (GMT) | Event | Cons. | Previous | |
| Sep 17 | 12:00 | SNB Interest Rate Decision | 0.25% | 0.25% |
Top Market Movers Review
Germany ZEW SURVEY − ECONOMIC SENTIMENT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 15 | 09:00 | ZEW Survey − Economic Sentiment | 57.7 | 59.9 | 56.1 |
- 2nd UPDATE: German ZEW Disappoints; Signals Gradual Recovery (Dow Jones)
- UPDATE: German ZEW Econ Expectations Below Forecasts (Dow Jones)
- DATA SNAP: German ZEW Econ Expectations Below Forecasts (Dow Jones)
European Market Update - German ZEW fails to meet expectations by TradeTheNews.com
UK CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 15 | 08:30 | Consumer Price Index (YoY) | 1.6% | 1.4% | 1.8% |
| Sep 15 | 08:30 | Consumer Price Index (MoM) | 0.4% | 0.3% | 0.0% |
DATA SNAP: UK Aug CPI Tops Expectations, Core CPI Resilient (Dow Jones)
U.K. annual consumer price inflation remained below the Bank of England's 2.0% target for a third consecutive month in August, as food prices fell at their fastest pace in over two years.
[ Full Story ]- Read the CPI data at UK Statistics
- UPDATE: UK Aug CPI Tops Expectations, Core CPI Resilient (Dow Jones)
- UK CPI rose above expectations August; Pound spikes up to 1.6660 (FXstreet.com)
- UK Aug RPI rises to 0.5% MoM and falls 1.3% YoY (FXstreet.com)
Top Fundamental Stories - CPI in the U.K. Surpassed Estimates in August But Remains Below the Target For the Third Month by ecPulse.com
Daily World Market Update - GBP Looking For Solid CPI by World First UK Ltd
Top Fundamental Stories - Europe Ahead: Inflation in the U.K. is to Remain Below Target by ecPulse.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 15 | 08:30 | UK | Consumer Price Index (YoY) (Aug) | 1.6% | 1.4% | 1.8% |
| 09:00 | UK | BoE's Governor King Speech | ||||
| 09:00 | EMU | Labor Costs (YoY) (2Q) | 4.0% | 3.5% | 3.6% |
|
| 09:00 | EMU | ZEW Survey − Economic Sentiment (Sep) | 59.6 | 59.0 | 54.9 | |
| 09:00 | DE | ZEW Survey − Economic Sentiment (Sep) | 57.7 | 59.9 | 56.1 | |
| 09:45 | EMU | European Comission's Economic Growth Forecasts | ||||
| 12:30 | CA | Labor Productivity (QoQ) (2Q) | 0.2% | 0.3% | ||
| 12:30 | CA | New Motor Vehicle Sales (MoM) (Jul) | 5.1% | -0.6% | ||
| 12:30 | US | NY Empire State Manufacturing Index (Sep) | 15.0 | 12.1 | ||
| 12:30 | US | Producer Price Index (MoM) (Aug) | 0.9% | -0.9% | ||