Friday, May 25, 15:19 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Forex Trader of the Year 2007 Contest Offering $500,000 prizes
- SPECIAL EVENT: Trade Non-Farm Payrolls LIVE with Wayne McDonell
- 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
Weekly Webinar: 1st on Forex - The Week Ahead
Expert: Jerry Furst
Start: Mon, May 28, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
24 hour Outlook
Expert: John Putman
Start: Mon, May 28, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Fri, May 25, 17:00 GMT | 24 hour Outlook  | John Putman | WBN | |
| Mon, May 28, 11:00 GMT | Weekly Webinar: 1st on Forex - The Week Ahead | Jerry Furst | WBN | |
| Mon, May 28, 12:00 GMT | US Pre-Market Open | Ed Ponsi | WBN |  |
| Mon, May 28, 13:20 GMT | US Session Open | Ed Ponsi | WBN | |
| Mon, May 28, 16:00 GMT | Trading with Tim Billups | Tim Billups | WBN | |
Current Session: U.S.
EUR/USD
Daily Forex Forecast - EUR/USD has risen towards 1.3460 by FXDream
EUR/USD has risen towards 1.3460 first immediate Resistance earlier today. Now markets are waiting for US Existing Home Sales at 14:00 GMT. The consensus is at 6.10 mln. If the number comes out at 6.30 mln or higher retest of 1.3410 bottom may be seen later today and even 1.3370 in mid term.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- Read the latest Technical Comments by Tony Juste
- The Signals Tracker: track down the performance of a particular signals provider
- 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
Other Topics for this Session:
Mid-Day Forex Technical Report - Dollar Falls after Unexpected Drop in Existing Home Sales by ActionForex.com
Weekly Market Commentary - European interest rates led the way up by Mizuho Corporate Bank
FX Briefing - US economy not yet out of the woods by BHF-Bank
Currencies at a Glance
- EUR/USD
- Back around first resistant level at 1.3454 after hit 1.3470
05/25/2007 15:17 GMT - GBP/USD
- Floating pivot level at 1.9854 with narrow daily range
05/25/2007 15:17 GMT - USD/CHF
- Trades around 1.2265 after bounced at first support level 1.2256
05/25/2007 15:17 GMT - USD/JPY
- Moves up above first resistant level at 121.64
05/25/2007 15:17 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
Germany CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| May 29 | 12:00 | Consumer Price Index (YoY) | 1.9% | 1.9% |
| May 29 | 12:00 | Consumer Price Index (MoM) | 0.2% | 0.4% |
Friday Notes - Risk of rising inflation expectations by HVB Group
The introduction of tuition fees in several German states put additional significant pressure on prices in April. In May, in contrast, the increase in consumer prices should be more moderate again, despite higher gasoline and travel as well as hotel prices. The y-o-y rate will probably be virtually unchanged at just below the 2% mark. But the trend is up.
[ Full Story ]Top Market Movers Review
US EXISTING HOME SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 25 | 14:00 | Existing Home Sales (MoM) | -2.6% | -0.3% | -8.4% |
| May 25 | 14:00 | Existing Home Sales | 5.99M | 6.10M | 6.15M |
U.S Existing Home Sales slide in April (FXstreet.com)
Sales of existing homes decreased larger than expected in April to the lowest sale pace of the latest four years, in another sign that the house slump is not over yet, according to data released by the National Association of Realtors.
[ Full Story ]- Read the report: Tighter Lending Standards Affect April Existing-Home Sales at NAR
- US April existing home sales fall 2.6 pct to 5.99 mln annual rate (AFX News)
- Table Of Data On Existing US Home Sales (Dow Jones)
- US Apr Existing Home Sales Dn 2.6% To 5.99 Mln Rate (Dow Jones)
The Week Ahead - Durable Goods Orders, New and Existing Home Sales by BBVA Bancomer
U.S: Are house prices bound to adjust further? by BBVA Bancomer
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| May 24 | 23:30 | JP | National Consumer Price Index (YoY) (Apr) | -0.1% | 0% | -0.1% |
| 23:30 | JP | Tokyo Consumer Price Index (YoY) (May) | 0% | 0.2% | 0.2% | |
| May 25 | 06:10 | DE | Gfk Consumer Confidence Survey (Jun) | 7.3 | 6.0 | 5.7 |
| 08:30 | UK | Gross Domestic Product (QoQ) (1Q)  | 0.7% | 0.7% | 0.7% | |
| 08:30 | UK | Gross Domestic Product (YoY) (1Q) | 2.9% | 2.8% | 3.0% | |
| 09:30 | CH | KOF Swiss Leading Indicator (May) | 1.96 | 1.95 | 1.90 | |
| 14:00 | US | Existing Home Sales (Apr) | 5.99M | 6.10M | 6.15M |
|
| 14:00 | US | Existing Home Sales (MoM) | -2.6% | -0.3% | -8.4% | |
| May 28 | 23:30 | JP | Jobless Rate | 4% | 4% | |
| 23:50 | JP | Retail Trade (YoY) | -0.4% | -0.7% | ||