Thursday, Apr 19, 16:59 GMT
ASIA-PACIFIC Trading Newsletter
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NEXT SPECIAL WEBINARS
Raghee Horner's Morning Forex
Expert: Raghee Horner
Start: Fri, Apr 20, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
Live Trading with the FX Advisor
Expert: Tony Juste
Start: Fri, Apr 20, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: U.S.
EUR/JPY
Mid-Day Forex Technical Report - Yen Rebound Stalls but Further Rise Still Likely by ActionForex.com
EUR/JPY recovers mildly after fall from 162.42 reached as low as 159.60 earlier today. As discussed before, a short term top should be formed at 162.42 after 4 hours MACD was dragged below signal line and EUR/JPY has failed to take out medium term and short term channel resistance decisively.
- Main Crosses 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:
Daily Forex Forecast - Daily Forex Forecast by FXDream
Daily Technical Briefing - Near Term Price Action Indicates Reversal Potential by FXCM
Forex Trading Strategies - JPY strength was still through the European session by Saxo Bank
Currencies at a Glance
- EUR/USD
- Trades around 1.3600 , above today's pivot at 1.3593
04/19/2007 16:54 GMT - GBP/USD
- Continues to trade around first support level at 2.0022
04/19/2007 16:54 GMT - USD/CHF
- Trades around today's pivot at 1.2051
04/19/2007 16:54 GMT - USD/JPY
- Trades around 118.35 , above first support level at 118.17
04/19/2007 16:54 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 RETAIL SALES
| Date (GMT) | Event | Cons. | Previous | |
| Apr 20 | 08:30 | Retail Sales (MoM) | 0.5% | 1.4% |
| Apr 20 | 08:30 | Retail Sales (YoY) | 4.7% | 4.9% |
Friday Notes - US employment heyday to fizzle in Spring by HVB Group
After a strong February figure, we expect growth of retail sales to have slowed down to 0.6%. The British Retail Consortium and Confederation of British Industry surveys pointed to an even stronger plus. Despite a soft reading in Q1, due to the weak January figure, the trend seems to be cooling off only moderately.
[ Full Story ]Top Market Movers Review
US LEADING INDICATORS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 19 | 14:00 | Leading Indicators (MoM) | 0.1% | 0.1% | -0.6% |
Friday Notes - US employment heyday to fizzle in Spring by HVB Group
The index of leading economic indicators, compiled by the Conference Board, has been signaling an economic slowdown. But strong expansion in many services industries is allowing moderate GDP growth to persist.
[ Full Story ]- U.S Conference Board’s Leading Index increases slightly (FXstreet.com)
- US Conference Board March Leading Index +0.1% (Dow Jones)
Canada CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 19 | 11:00 | Consumer Price Index (YoY) | 2.3% | 2.0% | 2.0% |
| Apr 19 | 11:00 | Bank of Canada Consumer Price Index Core (YoY) | 2.3% | 2.2% | 2.4% |
| Apr 19 | 11:00 | Consumer Price Index (MoM) | 0.8% | 0.5% | 0.7% |
| Apr 19 | 11:00 | Bank of Canada Consumer Price Index Core (MoM) | 0.3% | 0.2% | 0.5% |
Canadian CPI rises higher than expected (FXstreet.com)
Inflation grew 2.3% on the year in Canada instead of the 2.0% expected by the market, core CPI grew the same percentage, 2.3% when the market expected a 2.0% increase, according to data by Stats Canada. Higher prices in gasoline drove the yearly CPI to its highest rise in eight months.
[ Full Story ]- Read the Consumer Price Index release at Statistics Canada
Weekly Economic Letter - U.S: the probability of a recession is higher than consensus estimates by National Bank of Canada
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 19 | 08:00 | EMU | ECB Publishes Monthly Report (Apr) | |||
| 11:00 | CA | Bank of Canada Consumer Price Index Core (MoM) (Mar) | 0.3% | 0.2% | 0.5% | |
| 11:00 | CA | Bank of Canada Consumer Price Index Core (YoY) (Mar) | 2.3% | 2.2% | 2.4% | |
| 11:00 | CA | Consumer Price Index (MoM) (Mar) | 0.8% | 0.5% | 0.7% | |
| 11:00 | CA | Consumer Price Index (YoY) (Mar) | 2.3% | 2.0% | 2.0% | |
| 12:30 | US | Initial Jobless Claims (Apr 14) | 339K | 343K |
||
| 14:00 | US | Leading Indicators (MoM) (Mar) | 0.1% | 0.1% | -0.6% |
|
| 16:00 | US | Philadelphia Fed Manufacturing Survey (Apr) | 0.2 | 3.0 | 0.2 | |
| 23:50 | JP | All Industry Activity Index (MoM) (Feb) | -0.3% | 0.7% | ||
| Apr 20 | 07:15 | CH | Producer and Import Prices (MoM) (Mar) | 0.3% | 0.3% | |