Thursday, Apr 26, 16:57 GMT
ASIA-PACIFIC Trading Newsletter
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NEXT SPECIAL WEBINARS
What moves currencies? - GBP crosses watch
Expert: Tony Juste
Start: Fri, Apr 27, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Watch Live Coverage of the US GDP
Expert: Jerry Furst
Start: Fri, Apr 27, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: U.S.
GBP/USD
Mid-Day Forex Technical Report - Dollar Rebounds Strongly, Medium Term Reversal in Sight? by ActionForex.com
Cable failed mentioned 2.0067 resistance. and fall from 2.0132 resumed by breaking below 1.9954, reaching as low as 1.9902 so far. The fall from 2.0132 should still be in progress as long as cable stays below 2.0067 resistance and further fall should be see to short term rising channel support (now at 1.9854).
- GBP/USD 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
- The Cable experience at our Forex Forum
Other Topics for this Session:
Daily Trading Strategy - Trading FX on an episodic risk basis by MVDForex
Daily Forex Forecast - Daily Forex Forecast by FXDream
Forex Trading Strategies - JPY selling the trading theme through Europe by Saxo Bank
Currencies at a Glance
- EUR/USD
- Trades below second support level at 1.3596
04/26/2007 16:35 GMT - GBP/USD
- Trade around 1.9900 , below third support level at 1.9933
04/26/2007 16:35 GMT - USD/CHF
- Trades around second resistant level at 1.2091
04/26/2007 16:35 GMT - USD/JPY
- Trades around third resistant level at 119.51
04/26/2007 16:35 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : CMS Forex, Danske Bank A/S, Finotec Group Inc., 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
Japan NATIONAL CONSUMER PRICE S.A
| Date (GMT) | Event | Cons. | Previous | |
| Apr 26 | 23:30 | National Consumer Price s.a (MoM) | -0.1% | -0.3% |
| Apr 26 | 23:30 | National Consumer Price Index (YoY) | -0.2% | -0.2% |
Daily Market Report: Forex - The Yen weakened today as the market awaits the CPI data by ICICI Bank
The Yen weakened today as the market awaits the CPI data that is likely to strengthen the view that BoJ will wait longer before raising rates. USD/JPY was at 119.37 from 118.6 yesterday.
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "Japan's CPI is one of the key measures to understand if the Japanese economy is getting out of the depression or not. Thus, any reading above expectations should be taken as a good sign and an indication that the BoJ will have to work the interest rates to a new and more appropriate level. Those reluctant to see the Japanese economy yet out of the woods think it will not be until 2008 when Japan will start to see a new light." - FXstreet.com
Top Market Movers Review
US INITIAL JOBLESS CLAIMS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 26 | 12:30 | Initial Jobless Claims | 321K | - | 341K |
US weekly jobless claims down 20,000 to 321,000, lowest in four weeks (AFX News)
The number of people filing new claims for unemployment insurance fell more than expected, hitting a low not seen in a month, the Labor Department said today. First time claims fell 20,000 to 321,000 in the week ended April 21, lower than the 330,000 new claims economists had expected.
[ Full Story ]- Read the Unemployment Insurance Weekly Claims Report at Department of Labor
- ECONOMIC REPORT: U.S. Initial Jobless Claims Fall Back In Latest Week (Dow Jones)
- U.S. Jobless Claims drop larger than expected (FXstreet.com)
- US Jobless Claims -20K To 321K In Apr 21 Week; Survey -9K (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 26 | 06:00 | UK | Nationwide Housing Prices n.s.a (YoY) (Apr) | 10.2% | 9.5% | 9.3% |
| 06:00 | UK | Nationwide Housing Prices s.a (MoM) (Apr) | 0.9% | 0.6% | 0.4% | |
| 06:10 | DE | Gfk Consumer Confidence Survey (Mar) | 5.5 | 4.5 | 4.4 | |
| 12:30 | US | Initial Jobless Claims (Apr 21) | 321K | 341K |
||
| 14:30 | CA | Bank of Canada Releases Monetary Policy Report | ||||
| 23:30 | JP | Jobless Rate (Mar) | 4% | 4% | ||
| 23:30 | JP | National Consumer Price Index (YoY) (Mar) | -0.2% | -0.2% | ||
| 23:30 | JP | National Consumer Price s.a (MoM) (Mar) | -0.1% | -0.3% | ||
| 23:30 | JP | Tokyo Consumer Price Index (MoM) (Apr) | 0% | -1% | ||
| 23:30 | JP | Tokyo Consumer Price Index (YoY) (Apr) | -0.1% | 0% | ||