Wednesday, Apr 11, 16:53 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: USD under pressure
- Special Coverage: ECB Meeting Preview by FXstreet.com
- Forum Poll: What will be Trichet's decision?
- Breaking News: FXstreet.com International Traders Conference - Barcelona 2007
- Who call the shots in the Forex Market? Reply to Sonic in the Forum
- Subscribe to our Forex Newsletters
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NEXT SPECIAL WEBINARS
FX Daily Wrap Up
Expert: Derek Frey
Start: Wed, Apr 11, 22:00 GMT
Sponsored by: 
Type of Session: Webinar
Live Coverage of ECB Announcement - Live Free-Access Day
Expert: Ed Ponsi
Start: Thu, Apr 12, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: U.S.
USD/JPY
Daily Forex Forecast - Daily Forex Forecast by FXDream
USD/JPY has risen beyond 119.40 previous high in the last trading hours. No change in our view. The uptrend towards 119.56-60 area and even 120.00 in mid term remians intact as long as price is above 118.90-70 first crucial Support region.
- USD/JPY and EUR/JPY watch 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:
Mid-Day Forex Technical Report - Dollar Higher Ahead of FOMC Minutes, EUR/JPY Remains Strong by ActionForex.com
Daily Outlook - GBP/USD: Stand aside by Karoll
Daily Technical Briefing - Euro Consolidating at 2 Year Highs by FXCM
Currencies at a Glance
- EUR/USD
- Moves up above 1.3425 , continue with very tight daily range
04/11/2007 16:29 GMT - GBP/USD
- Floating around first resistant level at 1.9780
04/11/2007 16:29 GMT - USD/CHF
- Trades around today's pivot at 1.2193 on a narrow daily range
04/11/2007 16:29 GMT - USD/JPY
- Moves up above last week high at 119.39 , above first resistant at 119.35
04/11/2007 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
US FOMC MINUTES
| Date (GMT) | Event | Cons. | Previous | |
| Apr 11 | 18:00 | FOMC Minutes | - | - |
The Week Ahead - FOMC Minutes, Import price Index, Trade Balance, PPI and core, Consumer sentiment Prel. by BBVA Bancomer
We expect that staff forecast for the past meeting to have, once again, increased the downside risks to growth. Behind this higher risk lies the poor performance in the housing sector, not only because of the well-publicized problems in the subprime market, but the housing sector in general.
[ Full Story ]European Market Update - Markets Quiet Ahead of FOMC Minutes and ECB Rate Decision by Trade The News
Top Market Movers Review
UK LEADING INDICATOR INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 11 | 14:30 | Leading Indicator Index | 0.8% | - | 0.3% |
UK leading index rises to 0.8% in February (FXstreet.com)
UK's leading index has increased to 0.8% in February while the coincident index rose 0.2%, according to the latest data released by the Conference Board. This is the ninth consecutive increase for this composite index, with five, out of its eight components posting increases compared with the previous month.
[ Full Story ]- Read the Leading indicators release at The Conference Board
Sunrise Market Commentary: Currencies - Sterling in the picture today by KBC Bank
Forex Commentaries and Forecasts - The cable is ready to test 2.00 level by World-Signals®
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 11 | 01:30 | AU | Unemployment Rate | 4.5% | ||
| 12:15 | CA | Housing Starts (YoY) | 210.9K | 196.0K | ||
| 14:30 | US | EIA Crude Oil Stocks (Apr 6) | -0.9 | |||
| 14:30 | UK | Leading Indicator Index | 0.8% | 0.3% | ||
| 18:00 | US | FOMC Minutes (Mar 21) | ||||
| 23:01 | UK | RICS House Price Balance | 24% | |||
| 23:50 | JP | Domestic CGPI (MoM) | 0% | |||
| Apr 12 | 01:30 | AU | Employment Change | 22K | ||
| 09:00 | EMU | Gross Domestic Product s.a. (YoY) | 3.3% | 3.3% | ||
| 09:00 | EMU | Gross Domestic Product s.a. (QoQ) | 0.9% | 0.6% | ||