Wednesday, Jan 10, 17:30 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- FOREX FORUM: Post your comments and share your opinions with fellow traders
- Check out the rest of our brand New FXstreet.com Newsletters and subscribe now!
- The Education Section: For all kind of traders
- Ed Ponsi's DVD: Trading Strategies For The Forex Market
SUBSCRIBE TO THE NEXT SPECIAL WEBINAR
Live Trading with the FX Advisor
Expert: Tony Juste
Start: Fri, Jan 12, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
24 hour Outlook
Expert: John Putman
Start: Thu, Jan 11, 18:00 GMT
Sponsored by:
Type of Session: Webinar
Topics
- GBP/USD, etc.
- EUR/USD
Current Session: U.S.
USD/CHF
Mid-Day Forex Technical Report - Dollar Still in Range After Better Than Expected Trade Deficit by ActionForex.com
USD/CHF bounded in range trading below 1.2446 today. But still, as long as USD/CHF stays above 1.2337 support, further rally is in favor towards next upside target of 100% projection of 1.1878 to 1.2268 from 1.2111 at 1.2501 and this level will be closely watched. Sustained break of 1.2501 will bring further strong rally towards 1.2768 resistance.
- Check out how the currency moved on Live Currency Rates & Charts at FXstreet.com
- Insight on the fundamentals in the Fundamentals section at FXstreet.com
- What's next on the agenda? Take a look at our Economic Events Calendar
- What's going on in the markets? Read our latest Forex news
Other Topics for this Session:
Daily technical research - Today’s Focus: EURUSD & GBPUSD by by Spencer Financial LLC
Daily Forex Forecast - Daily Forex Forecast by FXDream
FX Thoughts for the Day - FX Thoughts for the day - Evening - 10-Jan-2007....1118 GMT by Kshitij Consultancy Service
Currencies at a Glance
- EUR/USD
- Moves up toward 1.3000
1/10/2007 12:08:19 PM - GBP/USD
- Trades above 1.9375
1/10/2007 12:10:58 PM - USD/CHF
- Trades below 1.2425
1/10/2007 12:13:32 PM - USD/JPY
- Trades below 119.25
1/10/2007 12:16:02 PM
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
Australia Unemployment
| Period | Previous | Consensus | Time |
| December | 36.2K | 15.0K | Jan 10, 00:30 GMT |
Economic Release Alert - Australian Employment (DEC) by FXCM
While Australia's strong hiring trend is expected to carry through to December, the addition is expected to be somewhat tame compared to the previous month's 36,200 addition. Economists expect a net 15,000 Australian's found employment last month as the construction and mining boom followed through and service-based jobs were created to cater to domestic demand.
[ Full Story ]Top Market Movers Review
U.S. Trade Balance
| Period | Previous | Consensus | Actual |
| November | -58.9B | -60.0B | -58.2B |
Nov trade deficit ion the US, lower than expected by FXstreet.com
US trade deficit with the rest of the world has narrowed to a record low in November, while continuing in a period of three consecutive months with declining trade deficit. The US trade deficit in goods an services has narrowed 1.0% to $58.23 billion from $58.8 billion in October, as data from the Commerce department shows.
[ Full Story ]- U.S. International Trade in Goods and Services (November) - US Department of Commerce [PDF, 348Kb]
- US Nov trade deficit narrows 1 pct to 58.2 bln usd, lowest level since July 2005 (AFX News)
- Trade deficit falls by 1 percent in Nov (AFX News)
- Tony Juste, FX Advisor at FXstreet.com:
"A very good reading in the US trade balance (lowest since July two years ago) has surprised many dealers, and admittedly one was looking for wide levels and could not think of such a sharp narrowing. It is too early to tell if this is the start of a new trend, but it would set a very good pace for the US economy." - FXstreet.com