Wednesday, Mar 28, 16:52 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: The USD is alive and kicking
- FXstreet.com Managed Accounts Program (MAP) launches its website
- Special Webinar: Watch Live Coverage of the US GDP with Jerry Furst
- Check out the rest of our newsletters and subscribe now!
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NEXT SPECIAL WEBINARS
What moves currencies? - US GDP preview
Expert: Tony Juste
Start: Thu, Mar 29, 10:00 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
Daily Forex Forecast - Daily Forex Forecast by FXDream
EUR/USD has remained ranged between 1.3320 first minor Support and 1.3370 yesterrday high and first Resistance.. No change in our view. The uptrend remains intact for retest of 1.3410 and even 1.3480 in longer term. First minor Resistance comes around 1.3370 yesterday high.
- Thoughts on the Euro 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:
Mid-Day Forex Technical Report - Dollar Falls Further Against Yen After Durables, Bernanke Awaited by ActionForex.com
Forex Daily Analysis - Will Durable Goods data save the dollar? by ForexYard
Daily Technical Briefing - Yen Breaking From Consolidation - Next Big Move Underway? by FXCM
Currencies at a Glance
- EUR/USD
- Bounced at first resistant 1.3368 , now back below today's pivot at 1.3344
03/28/2007 16:44 GMT - GBP/USD
- Back below today's pivot, trades around 1.9630
03/28/2007 16:44 GMT - USD/CHF
- Moves up toward first resistant at 1.2160 after bounced at second support 1.2086
03/28/2007 16:44 GMT - USD/JPY
- Trades around third support at 116.85 after bounced at 116.35
03/28/2007 16:44 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 UNEMPLOYMENT RATE S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Mar 29 | 07:55 | Unemployment Rate s.a. | 9.2% | 9.3% |
| Mar 29 | 07:55 | Unemployment Change | -46K | -79K |
Friday Notes - Pullback in inflation does not mean all-clear for the ECB by HVB Group
The consistently mild winter weather has substantially dampened the normal rise in winter unemployment up to February. For that reason, we now expect March to bring a smaller seasonal decline in not adjusted unemployment than in preceding years. The robust economy should have triggered a further decline in the adjusted number.
[ Full Story ]Top Market Movers Review
US DURABLE GOODS ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 28 | 12:30 | Durable Goods Orders | 2.5% | 3.5% | -8.7% |
US February durable goods orders up 2.5 pct vs 3.1 pct rise expected (AFX News)
Orders for big-ticket manufactured goods in the US rebounded in February as the prior month's plunge was revised further downward, the Commerce Department said today. New orders for durable goods rose by 2.5 pct in February after declining a revised 9.3 pct in January, the sharpest one-month fall since June 2000.
[ Full Story ]- Read the Highlights from the advance report on manufacturers' shipments, inventories, and orders at Department of Commerce
- The Advisor Blog: Durable Goods Orders post-reaction
- Dollar Declines As US Durable Goods Data Miss Expectations -2 (Dow Jones)
- Dollar Declines As US Durable Goods Data Miss Expectations (Dow Jones)
- U.S. Durable Goods Orders increase, but less than expected (FXstreet.com)
The Week Ahead - New Home Sales, Consumer Confidence, Durable Goods Orders, Construction Spending, Personal Income & Spending by BBVA Bancomer
Germany CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 28 | 06:00 | Consumer Price Index (MoM) | 0.3% | 0.2% | 0.4% |
| Mar 28 | 06:00 | Consumer Price Index (YoY) | 1.9% | 1.8% | 1.6% |
DATA SNAP: German CPI Stronger Than Expected In March (Dow Jones)
German consumer prices rose more strongly than expected in March, driven higher fuel, clothing and shoe prices, preliminary data from the federal statistics office Destatis showed Wednesday. On the month, the CPI rose 0.3% in March, a slight slowdown from the 0.4% increase seen in the previous month.
[ Full Story ]Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Mar 28 | 06:10 | DE | Gfk Consumer Confidence Survey (Apr) | 4.4 | 4.5 | 4.4 |
| 08:00 | EMU | M3 (YoY) (Feb) | 10.0% | 9.8% | 9.9% |
|
| 08:30 | UK | Gross Domestic Product (QoQ) (4Q) | 0.7% | 0.8% | 0.7% | |
| 08:30 | UK | Gross Domestic Product (YoY) (4Q) | 3% | 3% | 3% | |
| 09:30 | CH | KOF Swiss Leading Indicator (Mar) | 1.90 | 1.83 | 1.81 |
|
| 12:30 | US | Durable Goods Orders (Feb) | 2.5% | 3.5% | -8.7% |
|
| 14:30 | US | Bernanke testifies before Joint Economic Commitee | ||||
| 14:30 | US | EIA Crude Oil Stocks (Mar 23) | -0.9 | 3.7M | ||
| 23:50 | JP | Retail Trade (YoY) (Feb) | 0.1% | -0.9% | ||
| 23:50 | JP | Retail Trade s.a (MoM) (Feb) | -0.5% | 2.2% | ||