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Current Session: US
May 12 15:30 GMT - Next Update: May 13 04:00 GMTEUR/USD
Mid−Day Forex Technical Report − Sterling Rounds on Record Producer Price Inflation by ActionForex.com
The British Pound stages a strong rebound across the board today after strong producer price inflation data prompted further speculation that BoE won't speed up the pace of policy easing. PPI input accelerated sharply to 23.3% yoy in Apr, beating expectation of 21.5% and was the highest reading since the series began in 1986. Output PPI climbed from 6.2% yoy to 7.5%, above expectation of 6.4%. Core PPI was also up from 3.0% to 4.5% versus consensus of 3.2%. The acceleration in upstream inflation is expected to be passed on to consumers which could be seen in tomorrow's CPI report from UK.
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Other Topics for this Session:
Technical Summary for Majors by Windsor Brokers Ltd
Currency Performance
Currency Performance Report − Europe Session Performance by FXstreet.com
FX Analysts' Comments
FOREX Training Video | London Session May 9, 2008 by Wayne McDonell, FxBootcamp.com
FX' Signal
Action Bias Summary Table by ActionForex.com
Currency Levels
EUR/USD Technical Table
09 May - Updated Daily around 10:30 GMT
| Mataf.net | Mizuho | Danske | KBC | ActionForex | FXstreet.com | |
| R2 | 1.5470 | 1.5500 | n/a | 1.5458 | 1.5530 | 1.5525 |
| R1 | 1.5425 | 1.5450 | n/a | 1.5440 | 1.5462 | 1.5446 |
| S1 | 1.5380 | 1.5393 | n/a | 1.5386 | 1.5304 | 1.5289 |
| S2 | 1.5330 | 1.5360 | n/a | 1.5326 | 1.5214 | 1.5210 |
| BIAS | down | neutral | n/a | neutral | n/a | up |
The Advisor's Selected Reports
FX Focus
Mid-Day Forex Technical Report - Sterling Rounds on Record Producer Price Inflation by ActionForex.com
Mon, May 12 2008, 13:16 GMT
Wakeup Call on Forex Markets - Signs of Risk-Aversion Re-entering the Market by Saxo Bank
Fri, May 9 2008, 07:00 GMT
Today's Technical Trading Points by Danske Bank A/S
Thu, May 8 2008, 07:28 GMT
Technical Analysis Forum
Full Daily Analysis On Cable and EURUSD
by nouradean10 01:34 GMT
Gbp
by Andrusha May 09, 07:56 GMT
FXstreet.com CAG - Technical Analysis
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COT Analysis
by Forexmentor May 07, 02:48 GMT
Weekly Technical Coverage
Weekly Forex Market Commentary - The US economic agenda will start on Tuesday with the release of the important retail sales report for April by Global Forex Trading
Mon, May 12 2008, 06:22 GMT
Picking Tops and Bottoms - Canadian Dollar and Euro / Yen Trade Ideas by FXCM
Thu, May 8 2008, 05:59 GMT
Chart of the Week - Good uptrend by FXstreet.com
Fri, May 2 2008, 15:30 GMT
Latest Updated Reports
Technical Analysis
Chart of the Day - Chart of the Day - EUR/CHF by FX Solutions
Mon, May 12 2008, 18:20 GMT
Daily Outlook - EUR/USD daily by Karoll
Mon, May 12 2008, 15:39 GMT
Trading Strategies
FX Options Trade Alert by Trading Central
Mon, May 12 2008, 13:56 GMT
Weekly Technical Strategist - EURUSD: Stages A Recovery Nearer Term by FXTechstrategy
Mon, May 12 2008, 13:20 GMT
Market View
Market Thoughts - 12/5/2008 - the current market sentiment by FX Recommends
Mon, May 12 2008, 13:13 GMT
Daily Analysis - Dollar climbs as US economy shows signs of recovery by Finotec Group Inc.
Mon, May 12 2008, 12:39 GMT
Market Session Recaps - London Session by FOREX.com
Mon, May 12 2008, 12:04 GMT
Daily Technical Outlook - Daily Technical Outlook by Global Market Research, Inc. (GMR)
Mon, May 12 2008, 07:34 GMT
Start the Day - New Zealand House Sales –13% in April, lowest level in 16 years by Mizuho Corporate Bank
Mon, May 12 2008, 07:13 GMT
Forecasts
Daily Forex Forecast by FXDream
Mon, May 12 2008, 13:05 GMT
Daily Recommended Trades - EURUSD, AUDUSD, EURCHF daily outlook - Monday 05.12.2008 by E-Forex
Mon, May 12 2008, 06:14 GMT
Currency Snapshot - Crude oil has a $25 dollar premium built into the price by Black Swan Capital
Fri, May 9 2008, 07:29 GMT
Forex Market Outlook on Majors - Forex Market Outlook on Majors by AceTrader
Fri, May 9 2008, 06:45 GMT
Signals
Spot Forex Trades - 20pips EURUSD Mission Accomplished by ForexSurvivor
Mon, May 12 2008, 17:02 GMT
Daily Scalping Tip - Daily Scalping Tip by PipsandTips.com
Mon, May 12 2008, 14:13 GMT
Action Bias Summary Table - Action Bias Summary Table by ActionForex.com
Mon, May 12 2008, 09:21 GMT
Weekly Forex Signals - Weak times for sterling keeps dollar efficient by Finotec Group Inc.
Mon, May 12 2008, 08:50 GMT
