Tuesday, Mar 27, 16:56 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: Mr. Dollar, where have you been?
- FXstreet.com Managed Accounts Program (MAP) launches its website
- Special Webinar: Watch Live Coverage of the US GDP with Jerry Furst
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NEXT SPECIAL WEBINARS
Fundamental and Technical Trading Opportunities that we are Watching
Expert: Kathy Lien
Start: Wed, Mar 28, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
How to become a professional trader - System Trading vs. Discretionary Trading: Which Is Better?
Expert: Markus Heitkoetter
Start: Tue, Apr 3, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: U.S.
EUR/USD
Mid-Day Forex Technical Report - Dollar Weakens Mildly after Consumer Confidence but Still in Range by ActionForex.com
EUR/USD's rally from 1.3253 extends further in early US session. At this point, intraday bias remains on the upside and further rise is expected to be seen to retest 1.3410 cluster resistance (61.8% projection of 1.2483 to 1.3364 from 1.2865 at 1.3409).
- Follow-up market reaction to US data by Tony Juste
- 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 Forex Forecast - Daily Forex Forecast by FXDream
Daily Technical Briefing - Dollar Probes Downside - Reversal Evidence Mounting by FXCM
Forex Trading Strategies - Pound weaker on BBA mortgage approvals by Saxo Bank
Currencies at a Glance
- EUR/USD
- Moves up toward first resistant at 1.3365
03/27/2007 16:30 GMT - GBP/USD
- Moves up back toward today's pivot at 1.9661
03/27/2007 16:30 GMT - USD/CHF
- Moves down toward first support at 1.2104
03/27/2007 16:30 GMT - USD/JPY
- Trades around 117.85 after bounced at first support 117.68
03/27/2007 16:30 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
Germany CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Mar 28 | 06:00 | Consumer Price Index (MoM) | 0.2% | 0.4% |
| Mar 28 | 06:00 | Consumer Price Index (YoY) | 1.8% | 1.6% |
Friday Notes - Pullback in inflation does not mean all-clear for the ECB by HVB Group
The y-o-y rate should accelerate in March because of higher fuel prices, but remain below 2%. Based on our calculations, the VAT increase has already fed through to consumers in recent months more or less as we had expected. Basis effects for energy prices should lower the headline rate again substantially by mid-year.
[ Full Story ]Top Market Movers Review
US CONSUMER CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 27 | 14:00 | Consumer Confidence | 107.2 | 109.0 | 111.2 |
Consumer confidence drops in March (AFX News)
Consumer confidence dropped more than expected in March, sending the widely watched index to its lowest level since November, as shoppers became anxious about a run-up in gasoline prices and stock market turbulence.
[ Full Story ]- Read the Eroding Expectations Cause a Retreat In The Conference Board Consumer Confidence Index at The Conference Board
- U.S. Consumer Confidence decreases in March (FXstreet.com)
- CCB Consumer Confidence Survey-Historical (Dow Jones)
Asia Market Update - USD upside limited ahead of consumer confidence data by Trade The News
US economic indicators - March consumer confidence is expected to have declined markedly by BHF-Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Mar 27 | 08:00 | DE | IFO - Business Climate (Mar) | 107.7 | 106.0 | 107.0 |
| 13:00 | NZ | Westpac Consumer Confidence (1Q) | 117.7 | 119.7 | ||
| 14:00 | US | Consumer Confidence (Mar) | 107.2 | 109.0 | 111.2 |
|
| Mar 28 | 06:00 | DE | Consumer Price Index (MoM) (Mar)  | 0.2% | 0.4% | |
| 06:00 | DE | Consumer Price Index (YoY) (Mar) | 1.8% | 1.6% | ||
| 06:00 | UK | Nationwide Housing Prices n.s.a (YoY) (Mar) | 9.6% | 10.2% | ||
| 06:00 | UK | Nationwide Housing Prices s.a (MoM) (Mar) | 0.7% | 0.7% | ||
| 06:10 | DE | Gfk Consumer Confidence Survey (Apr) | 4.5 | 4.4 | ||
| 08:00 | EMU | M3 (YoY) (Feb) | 9.8% | 9.8% | ||
| 08:30 | UK | Gross Domestic Product (QoQ) (4Q) | 0.8% | 0.7% | ||