Wednesday, May 30, 16:50 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: Setting things up
- 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
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Live Sessions Schedule
What moves currencies? - Small Dollars watch
Expert: Tony Juste
Start: Thu, May 31, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Watch Live Coverage of the US GDP
Expert: Jerry Furst
Start: Thu, May 31, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Wed, May 30, 17:00 GMT | 24 hour Outlook  | John Putman | WBN | |
| Wed, May 30, 21:00 GMT | FX Daily Wrap Up | Derek Frey | WBN |  |
| Thu, May 31, 10:00 GMT | What moves currencies? - Small Dollars watch | Tony Juste | WBN | |
| Thu, May 31, 11:30 GMT | Watch Live Coverage of the US GDP | Jerry Furst | WBN | |
| Thu, May 31, 13:00 GMT | Raghee Horner's Four Step Trading: Forex | Raghee Horner | WBN |  |
Current Session: U.S.
EUR/USD
Forex Mid-Day Technical Report - ADP Employment Disappoints, FOMC Minutes Next by ActionForex.com
Earlier break of 1.3411 support suggests that fall from 1.3681 is still in force towards 1.3364 cluster support (38.2% retracement of 1.2865 to 1.3681 at 1.3369). However, as mentioned before the main question is that with 1.3364 cluster support (38.2% retracement of 1.2865 to 1.3681 at 1.3369) remains intact, it's still unclear whether fall from 1.3681 is merely a correction to rise from 1.2865 or the start of a deeper decline.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- Price Flash: EUR/USD confirms the divergence and climbs to 1.3437by 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:
Daily Outlook - GBP/USD: Confidence level; moderate by Karoll
Daily Forex Forecast - Daily Forex Forecast by Karoll
Forex Trading Strategies - FOMC Minutes next catalyst for USD moves by Saxo Bank
Currencies at a Glance
- EUR/USD
- Moves down toward first support level at 1.3405
05/30/2007 16:39 GMT - GBP/USD
- Moves down toward second support level at 1.9722
05/30/2007 16:39 GMT - USD/CHF
- Moves up above pivot level 1.2253
05/30/2007 16:39 GMT - USD/JPY
- Moves up above pivot level at 121.54
05/30/2007 16:39 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
US FOMC MINUTES
| Date (GMT) | Event | Cons. | Previous | |
| May 30 | 18:00 | FOMC Minutes | - | - |
Daily Forex Technical Report - Focus on ADP Employment and FOMC Minutes by ActionForex.com
Not much surprise is expected from the minutes to be released today. But still, it will be heavily scrutinized by the markets, in particular on the balance between risk of inflation and growth.
[ Full Story ]Forex Trading Strategies - FOMC Minutes next catalyst for USD moves by Saxo Bank
Global FX Daily - U.S. Edition - ADP employment and FOMC minutes amongst today’s features by Mellon Foreign Exchange
Top Market Movers Review
US ADP EMPLOYMENT CHANGE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 30 | 12:15 | ADP Employment Change | 97K | 115K | 61K |
ADP-Macroeconomic Advisers See May Payrolls +97,000 (Dow Jones)
An employment indicator published Wednesday by payrolls giant Automatic Data Processing Inc. (ADP) and consultancy Macroeconomic Advisers reported an increase of 97,000 in private jobs in May. That compares with the expected 145,000 increase in total jobs that economists called for in a Dow Jones Newswires survey earlier this week.
[ Full Story ]- Read the complete ADP National Employment Report
- Forex - Dollar steady after ADP suggests May payrolls will meet expectations (AFX News)
- US May ADP private payrolls up 97,000, suggests total payrolls up 121,000 UPDATE (AFX News)
- US May ADP payrolls up 97,000 vs 115,000 expected (AFX News)
Forex Daily Analysis - Data On Tap - The ADP Change In Nonfarm Payrolls. by ForexYard
Daily Forex Technical Report - Focus on ADP Employment and FOMC Minutes by ActionForex.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| May 30 | 01:30 | AU | Construction Work Done | 0.8% | 1.2% | 1.0% |
| 01:30 | AU | Retail Sales (MoM) | 0.1% | 0.5% | 1.1% | |
| 08:00 | EMU | Bloomberg Retail PMI (May) | 48.4 | 54.6 | ||
| 08:00 | DE | Bloomberg Retail PMI (May) | 47.3 | 55.6 | ||
| 08:00 | EMU | M3 (YoY) | 10.4% | 10.7% | 10.9% | |
| 12:15 | US | ADP Employment Change (May) | 97K | 115K | 61K |
|
| 12:30 | NO | Interest Rate Decision | 4.25% | 4.00% | ||
| 17:00 | UK | BOE's Blanchflower to hold speech in London | ||||
| 18:00 | US | FOMC Minutes (May 9) | ||||
| 23:01 | UK | Gfk Consumer Confidence (May) | -7 | -6 | ||