Tuesday, Feb 27, 17:14 GMT
ASIA-PACIFIC Trading Newsletter
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- The Advisor Weblog: The USD cannot confirm technicals
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NEXT SPECIAL WEBINARS
Midweek Technical Outlook with Derek Sugalski
Expert: Derek Sugalski
Start: Wed, Feb 28, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
Topics
- Upcoming news events as potential catalysts
- Technical summary of market developments
- Forecasting end of week directional bias and turning points
Live Trading with Ed Ponsi
Expert: Ed Ponsi
Start: Thu, Mar 1, 16:00 GMT
Sponsored by:
Type of Session: Webinar
Current Session: U.S.
USD/JPY
Global FX Daily - U.S. Edition - JPY rises sharply as increase in market apprehension weighs on JPY positioning by Mellon Foreign Exchange
USD-JPY broke below 120.00 in early European trading. The next level of importance on USD-JPY is at 119.00 (the low from Feb 16). However, in terms of overall medium-term fundamentals, the outlook for the JPY remains negative.
- Have a glance at our latest advisor's comments on the USD
- Check out how the currency moved on Live Currency Rates & Charts at FXstreet.com
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
- Be up to date with the Latest Forex News
Other Topics for this Session:
Daily Technical Briefing - Dollar Close To a Bottom by FXCM
Daily Forex Forecast - Daily Forex Forecast by FXDream
Daily Trade Analysis - Over-bought EURUSD looking to target 1.3243 level by AMZ Capital
Currencies at a Glance
- EUR/USD
- Trades a bove 1.3230
2/27/2007 2:34:41 PM - GBP/USD
- Trades around 1.9645
2/27/2007 2:36:30 PM - USD/CHF
- Moves down below 1.2235
2/27/2007 2:38:36 PM - USD/JPY
- Trades below 119.00
2/27/2007 2:40:22 PM
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading Ltd. , KBC Bank, Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
Germany UNEMPLOYMENT RATE S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Feb 28 | 13:55 | Unemployment Change | -40K | -106K |
| Feb 28 | 13:55 | Unemployment Rate s.a. | 9.4% | 9.5% |
Friday Notes - USD losing its appeal? by HVB Group
Despite a brief cold spell in January, the winter weather has remained relatively mild so far. For that reason, we do not expect a catch-up effect in February either in the rise in winter unemployment. The growth-related downtrend in adjusted unemployment should also continue after the VAT hike.
[ Full Story ]- Destatis homepage
Top Market Movers Review
US EXISTING HOME SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 27 | 20:00 | Existing Home Sales | 6.46 | 6.24M | 6.27M |
Sales of existing homes jump in January (AFX News)
Sales of existing homes rose in January by the largest amount in two years, raising hopes that the worst of the severe slump in housing may be coming to an end. Median home prices, however, fell for a sixth straight month.
[ Full Story ]- National Association of Realtors homepage
- Dollar Gains On Existing Home Sales, Consumer Confidence (Dow Jones)
- U.S. Existing Home Sales at seven month’s height (FXstreet.com)
- Table Of Data On Existing US Home Sales (Dow Jones)
Wakeup Call on Forex Markets - Housing Sector in Focus by Saxo Bank
Weekly Economic Letter - Beware Mr. Bernanke: the threats from a weak U.S. housing sector remain (Part I) by National Bank of Canada
The Week Ahead - Existing Home Sales by BBVA Bancomer
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Feb 27 | 15:00 | US | Consumer Confidence (Feb) | 112.5 | 109.0 | 110.2 |
| 15:00 | US | Existing Home Sales (Jan) | 6.46 | 6.24M | 6.27M |
|
| 17:00 | DE | Consumer Price Index (MoM) (Feb)  | 0.4% | 0.5% | -0.2% | |
| 17:00 | DE | Consumer Price Index (YoY) (Feb) | 1.6% | 1.8% | 1.6% | |
| 23:50 | JP | Industrial Production (MoM) (Jan) | -1.8% | 0.7% | ||
| 23:50 | JP | Industrial Production (YoY) (Jan) | 3.7% | 4.6% | ||
| Feb 28 | 07:00 | GB | Nationwide Housing Prices n.s.a (YoY) (Feb) | 9.8% | 9.3% | |
| 07:00 | GB | Nationwide Housing Prices s.a (MoM) (Feb) | 0.5% | 0.3% | ||
| 08:55 | DE | Unemployment Change (Feb) | -40K | -106K | ||
| 08:55 | DE | Unemployment Rate s.a. (Feb) | 9.4% | 9.5% | ||