Monday, Apr 16, 17:19 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: What really suits them
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- Who call the shots in the Forex Market? Reply to Sonic in the Forum
- Breaking News: FXstreet.com International Traders Conference - Barcelona 2007
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- Have a look at our renewed Education Section. Selected Topic: Forex Basics
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NEXT SPECIAL WEBINARS
Objective Supply and Demand analysis
Expert: Sam Seiden
Start: Tue, Apr 17, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
FX Lesson of the Day: Defining the trend
Expert: Dave Floyd
Start: Tue, Apr 17, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: U.S.
GBP/USD
Currency Open positions - The cable has now traded above the Jan. 2007 highs by Odom & Frey Futures & Options
The cable has now traded above the Jan. 2007 highs but is already off of today's highs but here we do not see immediate follow through. Short trades with stops above the highs of the day are the best bet in the short term
- 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
- Read the comments to the latest market moves at our Forex Forum
Other Topics for this Session:
Daily Technical Briefing - “Yen and Dollar Continue to Weaken but Key Levels are Well Defined†by FXCM
Mid-Day Forex Technical Report - Cable at 15 Yr High, Markets Unimpressed by Strong US Retail Sales by ActionForex.com
Forex Trading Strategies - GBP and JPY in Focus by Saxo Bank
Currencies at a Glance
- EUR/USD
- Trades below first resistant level at 1.3560 on a narrow daily range
04/16/2007 14:59 GMT - GBP/USD
- Floating around first resistant level at 1.9905
04/16/2007 14:59 GMT - USD/CHF
- Trades below today's pivot at 1.2135 on a narrow daily range
04/16/2007 14:59 GMT - USD/JPY
- Moves up toward first resistant level at 119.78
04/16/2007 14:59 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
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
UK CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Apr 17 | 08:30 | Consumer Price Index (MoM) | 0.3% | 0.4% |
| Apr 17 | 08:30 | Consumer Price Index (YoY) | 2.8% | 2.8% |
Friday Notes - US employment heyday to fizzle in Spring by HVB Group
After a blip in February, March CPI inflation should slow down again to 2.7%. The largest downward contribution should come from the housing component, following the announced reduction in electricity and gas tariffs. On the other hand, oil price increases in past months should be felt in transport costs and heating fuel.
[ Full Story ]Top Market Movers Review
US NET LONG-TERM TIC FLOWS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 16 | 13:00 | Net Long-term TIC Flows | $94.5 | $80.8B | $79.6B |
U.S. Net Long-Term TIC flows, $94.5 billion in February (FXstreet.com)
Net long term TIC flows increased to $94.5 billion in February from 79.6 billion in January according too data by the Treasury Department. Net foreign acquisition of U.S. securities was $43.2 billion in February, down 51.6% from $83.7 billion in January.
[ Full Story ]- Read the TICS data at Treasury Department
- US Feb net portfolio flows rise to 94.5 bln usd in Feb (AFX News)
US RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 16 | 12:30 | Retail Sales (MoM) | 0.7% | 0.4% | 0.5% |
DATA SNAP: US Mar Retail Sales Exceed Expectations (Dow Jones)
U.S. retail sales climbed in March above expectations and demand for the prior month was revised much higher, signaling consumer spending and the economy aren't as weak as believed. Retail sales increased 0.7% last month, after rising 0.5% in February, the Commerce Department said Monday.
[ Full Story ]- Read the Retail Sales data at the Commerce Department
- U.S. Retail sales beat expectations in March (FXstreet.com)
- Dollar Moves Little On US March Retail Sales (Dow Jones)
- Table of Data On Retail Sales From Commerce (Dow Jones)
The Week Ahead - Retail Sales, CPI, Housing Starts and Industrial Production by BBVA Bancomer
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 16 | 08:30 | UK | Producer Price Index - Output (MoM) (Mar) | 0.6% | 0.3% | 0.3% |
| 09:00 | EMU | Consumer Price Index (MoM) (Mar) | 0.7% | 0.6% | 0.3% | |
| 09:00 | EMU | Consumer Price Index (YoY) (Mar) | 1.9% | 1.9% | 1.9% | |
| 12:30 | US | Empire Manufacturing (Apr) | 3.8 | 7.5 | 1.9 | |
| 12:30 | US | Retail Sales (MoM) (Mar) | 0.7% | 0.4% | 0.5% |
|
| 12:30 | US | Retail Sales ex Autos (MoM) (Mar) | 0.8% | 0.8% | -0.1% | |
| 13:00 | US | Net Long-term TIC Flows (Feb) | $94.5 | $80.8B | $79.6B | |
| 14:00 | US | Business Inventories (Feb) | 0.3% | 0.2% | 0.2% | |
| Apr 17 | 05:00 | JP | Consumer Confidence (Mar) | 47.8 | 48.4 | |
| 08:30 | UK | Consumer Price Index (MoM) (Mar) | 0.3% | 0.4% | ||