Tuesday, Apr 03, 17:01 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: GBP continues to defy the law of gravity
- Special Event: Trade Non-Farm Payrolls LIVE - 11th Edition with Wayne McDonell
- Special Coverage: Iran Crisis by FXstreet.com
- Forex Forum: Kathy Lien's Webinar Raffle
- FXstreet.com Managed Accounts Program (MAP) launches its website
- Check out the rest of our newsletters and subscribe now!
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NEXT SPECIAL WEBINARS
Asia-Pacific trading Webinar - Identifying and Profiting from Breakouts
Expert: Abdul Khan
Start: Wed, Apr 4, 08:30 GMT
Sponsored by: 
Type of Session: Webinar
Fundamental and Technical Trading Opportunities that we are Watching
Expert: Kathy Lien
Start: Wed, Apr 4, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Figures Made Simple
Expert: Valeria Bednarik
Start: Thu, Apr 5, 14:00 GMT
Sponsored by:
Type of Session: Webinar
Topics
- Continuation or Change
- Reliability
- How to use them in daily trading
Current Session: U.S.
USD/JPY
Mid-Day Forex Technical Report - Dollar Shows Little Reaction to Data, Yen Remains Weak by ActionForex.com
USD/JPY's rise from 116.38 extends further to as high as 118.82 so far. At this point, intraday bias will remain on the upside as long as USD/JPY stays above 117.53 minor support.
- What is going on? - US 'little' data shakes out the markets 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
- Read the comments to the latest market moves at our Forex Forum
Other Topics for this Session:
Forex Trading Strategies - GBP Little Lower Ahead of BoE on Thursday by Saxo Bank
Daily Forex Forecast - Daily Forex Forecast by FXDream
Daily Technical Briefing - USDJPY Breaks Out - Will it Extend? by FXCM
Currencies at a Glance
- EUR/USD
- Trades around today's pivot at 1.3359 on a very tight daily range
04/03/2007 16:29 GMT - GBP/USD
- Trades around opening price level at 1.9774 , above today's pivot at 1.9746
04/03/2007 16:30 GMT - USD/CHF
- Trades around 1.2190 , above first resistant at 1.2177
04/03/2007 16:29 GMT - USD/JPY
- Continues to trade above third resistant at 118.7
04/03/2007 16:29 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
Australia RBA RATE DECISION
| Date (GMT) | Event | Cons. | Previous | |
| Apr 3 | 23:30 | RBA Rate Decision | 6.25% | 6.25% |
Daily Forex Technical Report - Dollar Focuses on ISM, Aussie Surges on Rate Speculation by ActionForex.com
Aussie surged to new 10 year high against dollar after stronger than expected retail sales data which rose by 0.9% in Feb, more than double of 0.4% consensus. This is fueling more speculation that RBA will raise rate by 25bps later this week to bring the overnight cash rate to 6.50%.
[ Full Story ]EMU PURCHASING MANAGER INDEX SERVICES
| Date (GMT) | Event | Cons. | Previous | |
| Apr 4 | 08:00 | Purchasing Manager Index Services | 57.6 | 57.5 |
Friday Notes - ECB to hike key rate to 4.50% by HVB Group
In March, we expect a slight rise in the eurozone services PMI to 57.7 from the previous 57.5. The mild deceleration in manufacturing doesn’t seem to have spilled over to the service sector yet. Taking into account the historical low in the unemployment rate, which underpins consumption growth, services PMI will confirm the good shape of the eurozone economy.
[ Full Story ]Top Market Movers Review
EMU PRODUCER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 3 | 09:00 | Producer Price Index (YoY) | 2.9% | 2.7% | 2.9% |
| Apr 3 | 09:00 | Producer Price Index (MoM) | 0.3% | 0.3% | 0.2% |
DATA SNAP: Energy Pushes Euro-Zone Producer Prices Higher (Dow Jones)
Price pressures at the euro zone's factory gates picked up in February as energy producers raised their tariffs for the first time since July. Producer prices rose 0.3% on the month and were up 2.9% on February 2006, data from the European Union statistics agency Eurostat showed Tuesday.
[ Full Story ]- Read the Industrial producer prices up by 0.3% in euro area at Eurostat
- Euro Zone Producer Prices increase on energy prices (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 3 | 01:30 | AU | Trade Balance (Mar) | -838M | -1254M | -832M |
| 05:45 | CH | Consumer Price Index (MoM) (Mar) | 0.1% | 0.2% | 0.2% | |
| 05:45 | CH | Consumer Price Index (YoY) (Mar) | 0.2% | 0.3% | 0% | |
| 08:30 | UK | PMI Construction | 58.9 | 57.5 | 57.3 | |
| 09:00 | EMU | Producer Price Index (MoM) (Feb) | 0.3% | 0.3% | 0.2% |
|
| 09:00 | EMU | Producer Price Index (YoY) (Feb) | 2.9% | 2.7% | 2.9% | |
| 23:01 | UK | Nationwide Consumer Confidence (Mar) | 85 | |||
| 23:30 | AU | RBA Rate Decision | 6.25% | 6.25% | ||
| Apr 4 | 07:55 | DE | Purchasing Manager Index Services (Mar) | 57.4 | 57.2 | |
| 08:00 | EMU | Purchasing Manager Index Services (Mar) | 57.6 | 57.5 | ||