Monday, May 14, 17:36 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: Tuesday, oh Tuesday!
- Special Coverage: Fed Meeting Review by FXstreet.com
- ECB and BoE meeting Review by FXstreet.com
- The Signals Tracker: track down the performance of a particular signal provider
- Check out all our Delivery Options
Send us your feed back. Post your comments about the new newsletters' format in the Forum.
Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, May 15, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
What moves currencies?
Expert: Tony Juste
Start: Tue, May 15, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Mon, May 14, 20:00 GMT | 24 hour Outlook  | John Putman | WBN | |
| Mon, May 14, 21:00 GMT | FX Daily Wrap Up | Derek Frey | WBN |  |
| Tue, May 15, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, May 15, 10:00 GMT | What moves currencies? | Tony Juste | WBN | |
| Tue, May 15, 13:00 GMT | Raghee Horner's Four Step Trading: Forex | Raghee Horner | WBN |  |
Current Session: U.S.
USD/JPY
Mid-Day Forex Technical Report - Sterling Weakens after PPI, Dollar Steady by ActionForex.com
USD/JPY's rebound extends further again today an reaches as high as 120.44 so far. At this point, intraday bias remains on the upside as long as 120.00 support holds. USD/JPY is set to test 120.51 high and probably 78.6% retracement of 122.17 to 115.13 at 120.66. But still, firm break of 120.66 fibo resistance) is needed to confirm recent rally has resumed.
- The Signals Tracker: track down the performance of a particular signals provider
- USD/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
- The Cable experience at our Forex Forum
Other Topics for this Session:
EUR/USD Daily Outlook - EUR/USD Daily Outlook by AceTrader
Daily Forex Forecast - GBP/USD has turned back below 1.9800 earlier today by FXDream
Daily Trading Strategy - The greenback had a tough start by MVDForex
Currencies at a Glance
- EUR/USD
- Floating below first resistant level at 1.3548 on a narrow daily range
05/14/2007 16:41 GMT - GBP/USD
- Floating around pivot level at 1.9804
05/14/2007 16:41 GMT - USD/CHF
- Trades above pivot level at 1.2189 on a narrow daily range
05/14/2007 16:41 GMT - USD/JPY
- Continues to trade around 120.35 , below first resistant level at 120.45
05/14/2007 16:41 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. , Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
USD GBP, Hourly
Top Market Movers Preview
UK CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| May 15 | 08:30 | Consumer Price Index (MoM) | 2.8% | 0.5% |
| May 15 | 08:30 | Consumer Price Index (YoY) | 2.8% | 3.1% |
Friday Notes - EMU housing market- a slowdown, not a recession by HVB Group
After the marked inflation pick up in March, which triggered the obligatory letter from the Governor to the Chancellor, we expect CPI to have risen by 0.4% m-o-m, bringing April y-o-y inflation down to 2.8%. We expect the largest downward contribution to come from a cut in electricity and gas prices, which should have offset the increase in oil prices.
[ Full Story ]Top Market Movers Review
UK LEADING INDICATOR INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 14 | 14:30 | Leading Indicator Index | 0.6% | - | 0.8% |
Daily Technical Analysis - GBP: Trying to base against the 1.9800 area but there is still more work to be done by Mizuho Corporate Bank
[ Full Story ]- UK Leading Index increases again in March (FXstreet.com)
- United Kingdom Mar Leading Indicator Index rises 0.6%; in Feb increased 0.8% (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| May 14 | 08:30 | UK | Producer Price Index - Input (MoM) (Apr) | 0.7% | 0.7% | 1.2% |
| 08:30 | UK | Producer Price Index - Input (YoY) (Apr) | -0.3% | -0.1% | 0.7% | |
| 08:30 | UK | Producer Price Index - Output (MoM) (Apr) | 0.5% | 0.5% | 0.6% | |
| 08:30 | UK | Producer Price Index - Output (YoY) (Apr) | 2.5% | 2.5% | 2.7% | |
| 09:00 | EMU | Industrial Production s.a. (MoM) (Mar) | 0.4% | 0.4% | 0.5% |
|
| 09:00 | EMU | Industrial Production w.d.a. (YoY) (Mar) | 3.7% | 3.6% | 4.1% | |
| 14:30 | UK | Leading Indicator Index (Mar) | 0.6% | 0.8% | ||
| May 15 | 06:00 | DE | Gross Domestic Product (QoQ) (1Q)  | 0.3% | 0.9% | |
| 06:00 | DE | Gross Domestic Product (YoY) (1Q) | 3.1% | 2.8% | ||
| 07:15 | CH | Adjusted Real Retail Sales (YoY) (Mar) | 4.0% | 4.5% | ||