Monday, Jun 04, 16:47 GMT
ASIA-PACIFIC Trading Newsletter
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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Jun 5, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
What moves currencies? - Small Dollar Watch
Expert: Tony Juste
Start: Tue, Jun 5, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Mon, Jun 4, 21:00 GMT | FX Daily Wrap Up  | Derek Frey | WBN |  |
| Tue, Jun 5, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Jun 5, 10:00 GMT | What moves currencies? - Small Dollar Watch | Tony Juste | WBN | |
| Tue, Jun 5, 12:00 GMT | US Pre-Market Open | Ed Ponsi | WBN |  |
| Tue, Jun 5, 13:00 GMT | Raghee Horner's Four Step Trading: Forex | Raghee Horner | WBN |  |
Current Session: U.S.
GBP/USD
Daily Forex Technical Report - Markets Start the Week Quietly in Tight Range by ActionForex.com
Cable edges higher to 1.9845 today and break of 1.9831 resistance suggest that the fall from 1.9899 has already completed at 1.9733). At this point, intraday bias will remain mildly on the upside for 1.9899 resistance and then short term falling trend line (now at 1.9919).
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- Trade Alert/Idea (intraday): EUR/USD & EUR/CHF 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:
The Word of Majors - EUR: The recent decline made it to 1.3394, just above the key 1.3367 support by FXstreet.com
European Market Update - Euro-Zone Producer Prices Stronger than Expected in May by Trade The News
Forex Daily Analysis - The Market Calms Down After Friday's Nonfarm Payrolls by ForexYard
Currencies at a Glance
- EUR/USD
- Trades above first resistant level 1.3477
06/04/2007 16:41 GMT - GBP/USD
- Trades above third resistant level 1.9900
06/04/2007 16:42 GMT - USD/CHF
- Trades below first support level 1.2252
06/04/2007 16:42 GMT - USD/JPY
- Trades around first support level 121.79
06/04/2007 16:42 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, 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
EMU PURCHASING MANAGER INDEX SERVICES
| Date (GMT) | Event | Cons. | Previous | |
| Jun 5 | 08:00 | Purchasing Manager Index Services | 57.2 | 57.0 |
Friday Notes - EMU Inflation To Remain Sticky by HVB Group
After four consecutive declines, we expect the euro-zone services PMI to have slightly increased to 57.2 in May. The good services performance underpins our view that the eurozone economy will keep growing above trend also in Q2.
[ Full Story ]Top Market Movers Review
US FACTORY ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 4 | 14:00 | Factory Orders | 0.3% | 0.9% | 4.1% |
DATA SNAP: US April Factory Orders Up Less Than Expected (Dow Jones)
Factory orders climbed less than expected during April, but a gauge of spending by businesses on capital equipment rose a second month in a row. Orders for manufactured goods increased 0.3%, following a revised 4.1% gain in March, the Commerce Department said Monday.
[ Full Story ]- Read the Manufacturers' Shipments, Inventories, & Orders (M3) at Commerce Department
- Factory orders post weak advance (AFX News)
- US April factory orders up 0.3 pct, ex-transportation up 0.7 pct. (AFX News)
- US Apr Factory Orders decline to 0.3% vs 4.1% (FXstreet.com)
U.S Market Update - Release of factory orders for the month of April by Trade The News
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 4 | 01:30 | AU | Company Gross Operating Profits (QoQ) | 7.6% | 2.9% | 3.0% |
| 08:30 | UK | PMI Construction | 58.0 | 59.5 | 59.8 | |
| 09:00 | EMU | Producer Price Index (MoM) (Apr) | 0.4% | 0.3% | 0.3% | |
| 09:00 | EMU | Producer Price Index (YoY) (Apr) | 2.4% | 2.2% | 2.7% | |
| 14:00 | US | Factory Orders (Apr) | 0.3% | 0.9% | 4.1% |
|
| Jun 5 | 07:55 | DE | Purchasing Manager Index Services (May) | 57.8 | 57.8 | |
| 08:00 | EMU | Purchasing Manager Index Services (May) | 57.2 | 57.0 | ||
| 08:30 | UK | Purchasing Manager Index Services (May) | 57.0 | 57.2 | ||
| 09:00 | EMU | Retail Sales (MoM) (Apr) | 0.5% | |||
| 09:00 | EMU | Retail Sales (YoY) (Apr) | 2.6% | |||