Thursday, Mar 22, 17:46 GMT
ASIA-PACIFIC Trading Newsletter
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NEXT SPECIAL WEBINARS
Watch Live Coverage of the US GDP
Expert: Jerry Furst
Start: Thu, Mar 29, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Mar 26, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: U.S.
EUR/USD
Mid-Day Forex Technical Report - Dollar Recovers Some Post FOMC Loss by ActionForex.com
EUR/USD retreats mildly today after upside was limited by mentioned 61.8% projection of 1.2483 to 1.3364 from 1.2865 at 1.3409. Touching of 1.3354 minor support suggest that an intraday top is formed and some consolidations should follow. But downside should be contained above 1.3268 support and bring rally resumption.
- FOREX FORUM: Technical Analysis forum. Post your charts and share your technical point of view.
- Read Tony Juste's latest comments on the markets
- 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 Trading Strategy - ACTION!, at last! by MVDForex
Daily Forex Forecast - Daily Forex Forecast by FXDream
Forex Trading Strategies - The close above 1.3370 in EURUSD opens for new all time highs by Saxo Bank
Currencies at a Glance
- EUR/USD
- Drops below today's pivot at 1.3354 , toward first support at 1.3319
03/22/2007 16:59 GMT - GBP/USD
- Drops below today's pivot at 1.9644
03/22/2007 16:59 GMT - USD/CHF
- Moves up above first resistant at 1.2141
03/22/2007 16:59 GMT - USD/JPY
- Moves up above first resistant at 117.90 , toward second resistant at 118.30
03/22/2007 16:59 GMT
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, Saxo Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
US EXISTING HOME SALES
| Date (GMT) | Event | Cons. | Previous | |
| Mar 26 | 14:00 | New Home Sales | 985K | 937K |
| Mar 23 | 14:00 | Existing Home Sales | 6.35M | 6.46 |
Friday Notes - EMU: Unimpresse by US slowdown by HVB Group
The same factors extending the slump in housing construction – a late winter freeze and troubles in the mortgage industry – probably held back existing home sales last month.
[ Full Story ]Top Market Movers Review
US LEADING INDICATORS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 22 | 14:00 | Leading Indicators (MoM) | -0.5% | -0.5% | -0.3% |
US Conference Board Feb Leading Index -0.5% (Dow Jones)
An index intended to show the economy's future direction declined by 0.5% in February to 137.3, according to preliminary estimates by the Conference Board. The Conference Board, a private research group, said Thursday that its composite index of leading indicators declined in February after an downward-revised 0.3% decrease in the prior month.
[ Full Story ]- Read the The Conference Board U.S. Leading Index Increased 0.1 Percent at The Conference Board
- Leading indicators slip 0.5 percent (AFX News)
- U.S. leading indicators decline in February (FXstreet.com)
Friday Notes - EMU: Unimpresse by US slowdown by HVB Group
US INITIAL JOBLESS CLAIMS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 22 | 12:30 | Initial Jobless Claims | 316K | - | 320K |
US Jobless Claims -4K To 316K In Mar 17 Week; Survey +2K (Dow Jones)
New unemployment claims unexpectedly dipped last week, suggesting a mild improvement in labor markets. Initial claims for jobless benefits decreased by 4,000 to 316,000, after seasonal adjustments, in the week that ended March 17, the Labor Department said Thursday.
[ Full Story ]- Read the Unemployment Insurance Weekly Claims Report [03/22/2007] at Department of Labor
- Initial Jobless Claims decrease in Mar 17 week (FXstreet.com)
- DJ Table Of US Initial, Continuing Claims (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Mar 22 | 09:30 | UK | Retail Sales (MoM) (Feb) | 1.4% | 0.6% | -1.8% |
| 09:30 | UK | Retail Sales (YoY) (Feb) | 4.9% | 3.7% | 3.3% | |
| 10:00 | EMU | Industrial New Orders (YoY) (Jan) | 12.0% | 1.8% |
||
| 10:00 | EMU | Industrial New Orders s.a. (MoM) (Jan) | -0.2% | -1.0% | 1.9% |
|
| 10:00 | EMU | Trade Balance n.s.a. (Jan) | €-7.8B | €3.2B |
||
| 12:30 | US | Initial Jobless Claims (Mar 17) | 316K | 320K | ||
| 13:20 | US | Fed's Bernanke speaks on Credit Market in North Carolina | ||||
| 14:00 | US | Leading Indicators (MoM) (Feb) | -0.5% | -0.5% | -0.3% | |
| Mar 23 | 07:00 | DE | Import Price Index (MoM) (Jan) | 0.6% | -0.7% | |
| 07:00 | DE | Import Price Index (YoY) (Feb) | 0.9% | 0.7% | ||