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Here is the news for the European Forex Market Session For August 20th 2008.

Crude Oil: New York Mercantile Index has the barrel at $115.04.

MAJORS
EURUSD: 1.4746
GBPUSD: 1.8621
USDJPY: 110.04
USDCHF: 1.0945

England today has four currency trading reports for Today. We are looking for numbers for the Monetary Policy Committee, the M4 Money Supply, Public Sector Net Borrowing, and CBI Industrial Trend Orders. Which all will happen around 0930 GMT this session.

Japan slightly dropped to -.9 for their all industries activity index. Australia’s Westpac Melbourne Institute shows a .1% in the leading index.

Have a great day and TRADE ON!!!!

Good morning and welcome to another trading day! Oil has shortly declined to just under $112, and The Bank of Japan decided to keep their rate for .50%. Australia’s Reserve Bank Meeting minutes were not too optimistic in terms of long term growth and easing in monetary policy.

MAJORS:

EURUSD: 1.4656
GBPUSD: 1.8564
USDJPY: 109.90
USDCHF: 1.0993

What is the news on the european front today?
So far, we are waiting for the German and European ZEW Economic Sentiment. We are looking for -62 and -65 respectively. We already have the numbers for Germany’s Product Price index, which wound up 2.0%

Have a great trading session, and of quick note, the Forex Brotherhood, which I have talked about a few times already, is being launched today at 6pm Chicago time. Which it would be 0000 GMT For Wednesday morning! An exclusive community with a plethora of incentives awaits for the limited memberships available! To check out the Forex Brotherhood, Click Here!

Good morning and welcome to another week of great forex trading. This week we will see a few great things happen. Purchasing Manager Numbers, unemployment claims, and other heavy hitting currency shifting news items are expected to rear themselves to the world.

Also, on Tuesday, we are celebrating the launch of Jason Alan Jankovsky’s Forex Brotherhood. It is a new Forex Trading Community, nothing like you have ever seen before in the Forex game. Two daily webinar broadcasts, an exclusive forum, and software solutions that could possibly give you the needed edge in your trading game. Check Out Jason Alan Jankovsky’s Forex Brotherhood By Clicking Here

From Europe’s Market:
The House Price Index from Rightmove has declined to -2.3% from previous numbers. Rightmove is kinda similar to the REALTOR Real Estate Agent organization.

Switzerland’s Retail Sales have actually upturned 4.7%, well over the 3.2% expectation, Great Job!

We are still waiting for the Trade Balance numbers from the Eurozone, but let’s see what the majors are doing as well as crude oil!

Crude Oil has slightly surged to $114.33 on New York’s Mercantile EXchange electronic trading.

M A J O R S:
EURUSD 1.4723
USDJPY 110.17
GBPUSD 1.8660
USDCHF 1.0957

And for the US Market today, we are looking for numbers from Canada’s Foreign Securities Purchases, which will cover stocks bonds, and equities that are purchsing outside of Canada’s borders. Then the United States will have the National Association of Home Builders release a Housing Market Index.

That is all the news until the Asian Forex Market Session. TRADE ON!!!

Thomas Howell
goforextrade.com

Here is all of the news for today’s Forex Market…
MAJORS:
EURUSD: 1.4777
GBPUSD: 1.8664
USDJPY: 109.77
USDCHF: 1.0959

Crude Oil:
$114.61 per Barrel

US Market:
Core Consumer Price Index: .3%
Consumer Price Index: .8%
Unemployment Claims: 450K
Natural Gas Storage: 50 Billion Cubes

NZ Market:
Core Retail Sales: 0% even (unchanged)
Retail Sales: .9%

One more trading day for the european market before The Assumption, and we are not going to assume anything in the world markets, as we can only tell you what is happening!

Crude Oil remains at $116.43, after a report on lessened supplies in the US have increased the commodity three dollars.

How did the asian forex market pan out?

Japan has dropped a bit on the tertiary industry activity index around -0.8%. In New Zealand, The Business Manufacturing Index is at 48.8.

MAJORS:
EUR/USD: 1.4858
GBP/USD: 1.8651
USD/JPY: 109.48
USD/CHF: 1.0889

Here is the news to look forward to for the European Market: All times in GMT.
0645 Switzerland’s Consumer Climate, already reported at -17. Not good!
0700 Germany will release a preliminary GDP and a Final Consumer Price Index.
0745 France will have Non Farm Payroll releases and their Preliminary GDP.
0900 Look for the Central European Bank to release a Bulletin. Check for Monetary Policy clues, and then big accordingly.
1000 Europe will then release a core commodity and a regular Consumer price index. Also in tandem, we will get then number for Flash Gross Domestic Product.

Have a great day and TRADE ON!!!!

Welcome to your european news session report. From the asian session… Crude Oil remains pretty much unchanged throughout the asian session despite the conflicts in georgia. Main pipelines to the province have been shut down for protective measures and protect commodity prices.

MAJORS:
EUR/USD: 1.4929
GBP/USD: 1.8981
USD/JPY: 108.74
USD/CHF: 1.0841

Japan’s trio of news events have been mixed. The Preliminary Gross Domestic Product, had came in exactly on the nose with expectations, but the GDP price index failed to impress at -1.6, falling just short of -1.5. we can report that the current account has done a great job at 1.29 Trillion to the good.

In Australia, Westpac Melbourne Institute announced 9.1% on their consumer sentiment survey, and the Wage price index went in the green to the tune of 1.2%.

Tonight, in the European markets, we will see a England dominated session, with their Jobs report on the line. 0930 GMT will roll out the Claimant Count Change (Unemployment Claims), Average Earnings Index, and Unemployment rate. Look for a small increase on the unemployment rate and Claimant Counts.

England has one more item at 1030 GMT, which is a report on Inflation, provided by the Bank of England.

Europe has a number on Industrial Production around 1000 GMT.

Have a good one, and remember to TRADE ON!!!!

Thomas Howell
goforextrade.com

Good morning/evening, etc, and welcome to another trading day in europe!!!

Let’s cover the crude and majors real quick before we talk about the newstuffs in the european markets!

Crude oil is still taking a slide and as of the europe market open, we see Oil at the price of $113.56. Keep droppin’ them oil prices now!

MAJORS:
EUR/USD: 1.4830
USD/JPY: 110.16
GBP/USD: 1.8976
USD/CHF: 1.0915

And here is today’s european forex market session news: All times in GMT.

0745: Frances Consumer Price Index Monthlies. look for -.2%.

0930: We have a trio of reports coming from England. wow, seems like england loves to pair up their news events in twos or threes as of lately! heh

We start with the Core Commodities Consumer Price Index, then the regular Consumer Price Index, and then we finalize the market session with the Department for Communities and Local Government’s House Price Index.

Have a great trading session and see you in the US and Canada Market session!

TRADE ON!!!
Thomas Howell
goforextrade.com

Good morning and welcome to another fine day in Trading Forex. Looks like the Turkish oil pipe issue didn’t affect the NYMEX numbers for long. The barrel price for Crude Oil is now back around $118.

We also have the numbers from Japan’s Economy Watcher’s Current Index, which came back at 29.3.

MAJORS:
EUR/USD: 1.5167
GBP/USD: 1.9290
USD/JPY: 109.92
USD/CHF: 1.0729

Well, in the european and us/canada markets, we are expecting a couple of heavy hitters before the weekend approaches, and we will start with Switzerland’s Unemployment rate, which came back at 2.5%, right on target with the speculators.

Europe’s news was France’s Government Budget Balance, which is at a deficit of -32 Billion Euros. Also we got the numbers for the Italian Preliminary Gross Domestic Product, which was -.3%.

All we have left now, is five crucial numbers from the US Market until the weekend, so let’s spill them out here!

1200 GMT/7:00am EDT: Canada’s Jobs report, containing the Employment Changes and Unemployment Rate.

1330 GMT/8:30am EDT: THe US’s jobs numbers are coming out as well. Earlier this week we saw the unemployment claims, but today we will get Preliminary Nonfarm Productivity, and preliminary Unit Labor Costs.

1500 GMT/10:00am EDT: United States will cap the trading week with Wholesale Inventories!!!

AND THEN COMES THE WEEKEND!!!!! YAY!

Folks, have an awesome weekend, and have a fun time! I’ll see you back here Sunday for the Asian Market Open, and Maybe for a product review???

TRADE ON!!!
Thomas Howell
GoForexTrade.com

Good morning and welcome to another day of forex trading. For the news trader today, or the person who loves financial news as much as I do! There is just a hideous outpouring of different news items today, from jobs reports to home sales, and Bank rate numbers and such!

From the asian market session, we can report that Japan’s Core Machinery Orders for June have fallen 2.6%, but not as bad as the markets predicted.

Australia’s Purchasing Managers Index for Construction was rated at 41.6.

We also had Australia’s jobs report as well, with an employment change of 10,900 jobs being added to the aussie economy, but the unemployment rate remaining the same at 4.3%.

WE can report also that Crude Oil has taken up a bit to around $119.

MAJORS:
EUR/USD: 1.5461
GBP/USD: 1.9493
USD/JPY: 109.44
USD/CHF: 1.0562

And here is the news for the European Market Session, noted in GMT:

0700 and 0745, the German and French Trade Balances at time of writing were already released and we can say that the German Trade Balance is 18.1 Billion Euros in surplus, and the French Trade Balance is at a 5.6 Billion Euro Deficit.

0900 GMT will produce two news releases. Firstly, the EU’s Italian Industrial Production Monthlies, which is forecasted for a .2% gain. Meanwhile in England we are looking at the Halifax Housing Price Index, which will see a 1.5% decrease in the forecast.

1100 GMT We will get the German Industrial Production which is seeing a forecast of .8% up.

Somewhere in the market session we will also get word on any fluctuation on the English Bank Rates as the Monetary Policy Committee will release their opinion and decision on rate changes if any.

Europe will then at 1245 GMT, release THEIR rate decision and have a press conference shortly thereafter discussing any fluctuations in policy or rates.

And this will cover the insane as heck European Trading Session. Have a fun day, make some mad pips and of course….
TRADE ON!!!

Thomas Howell
GoForexTrade.com