Monday, Jun 11, 16:46 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: The opportunities are in the crosses
- Forex Trader of the Year 2007 Contest Offering $500,000 prizes
- The Signals Tracker: track down the performance of a particular signal provider
- Check out all our Delivery Options
- ECB Meeting Review by FXstreet.com
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Live Sessions Schedule
What moves currencies?
Expert: Tony Juste
Start: Tue, Jun 12, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Technical Analysis Bootcamp: The indicators you need to know and how to interpret them
Expert: Dan Blystone
Start: Tue, Jun 12, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Mon, Jun 11, 21:00 GMT | FX Daily Wrap Up  | Derek Frey | WBN |  |
| Tue, Jun 12, 10:00 GMT | What moves currencies? | Tony Juste | WBN | |
| Tue, Jun 12, 13:00 GMT | Raghee Horner's Four Step Trading: Forex | Raghee Horner | WBN |  |
| Tue, Jun 12, 14:00 GMT | Technical Analysis Bootcamp: The indicators you need to know and how to interpret them | Dan Blystone | WBN | |
| Tue, Jun 12, 15:00 GMT | Event trading and technical analysis | Don Wilcox | WBN |  |
Current Session: U.S.
USD/JPY
Daily Forex Forecast - USD/JPY has tested 121.80 first Resistance earlier today by FXDream
USD/JPY has tested 121.80 first Resistance earlier today. Price has broken beyond 121.50 previous crucial that opens territory for further upmove beyond 122.20 previous high towards 122.50 in longer term. First Resistance comes at 121.80. On downside, first Support comes around 121.50 ahead of 120.80 bottom.Look to buy on pullback for test of 122.20 and 122.50.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- Check tue 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:
Daily Trading Strategy - Kiwi tour by MVDForex
Forex Trading Strategies - Return of Volatility in Majors Short-lived? by Saxo Bank
Daily Outlook - EUR/USD: The recent sharp fall of the euro should be wave C by Karoll
Currencies at a Glance
- EUR/USD
- Continues to trade around 1.3350 with narrow daily range , below pivot level 1.3376
06/11/2007 16:33 GMT - GBP/USD
- Moving up toward pivot level 1.9703
06/11/2007 16:33 GMT - USD/CHF
- Trades around first resistant level 1.2397
06/11/2007 16:33 GMT - USD/JPY
- Moving up toward first resistant level 122.11
06/11/2007 16:33 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
GBP USD, Hourly
Top Market Movers Preview
EMU INDUSTRIAL PRODUCTION S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Jun 12 | 09:00 | Industrial Production s.a. (MoM) | 0.2% | 0.4% |
Friday Notes - Italy: Draghi's wake up call by HVB Group
We expect industrial production to show no change in April. Recent releases of major factory surveys show a moderate loss of momentum, which we interpret as a cyclical slowdown. Production numbers tend to reflect this, but the growth rate remains solid enough to guarantee above-trend GDP expansion also in Q2.
[ Full Story ]Top Market Movers Review
UK PRODUCER PRICE INDEX - OUTPUT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 11 | 08:30 | Producer Price Index - Input (YoY) | 1.2% | 0.9% | -0.3% |
| Jun 11 | 08:30 | Producer Price Index - Output (MoM) | 0.4% | 0.4% | 0.5% |
| Jun 11 | 08:30 | Producer Price Index - Output (YoY) | 2.5% | 2.5% | 2.5% |
| Jun 11 | 08:30 | Producer Price Index - Input (MoM) | 0.4% | 0.8% | 0.7% |
European Market Update - UK May PPI rose above estimates by Trade The News
In the UK May PPI input rose to 1.2% m/m and to 1.2% y/y, above estimates of 0.6% and 1.2% respectively. The rise in PPI input was largely attributed to a rise in the prices of imported parts, equipment and metal.
[ Full Story ]- Read the Producer prices - May 2007 at National Statistics
- MARKET COMMENT: London Stocks Still Up Post UK PPI (Dow Jones)
- UK May PPI Table Of Data (Dow Jones)
- DATA SNAP: UK May Factory Gate Prices Rise 0.4% On Month -2- (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 11 | 08:30 | UK | Producer Price Index - Input (MoM) (May) | 0.4% | 0.8% | 0.7% |
| 08:30 | UK | Producer Price Index - Input (YoY) (May) | 1.2% | 0.9% | -0.3% | |
| 08:30 | UK | Producer Price Index - Output (MoM) (May) | 0.4% | 0.4% | 0.5% | |
| 08:30 | UK | Producer Price Index - Output (YoY) (May) | 2.5% | 2.5% | 2.5% | |
| 23:50 | JP | Domestic Corporate Goods Price Index (MoM) (May) | 0.5% | 0.8% | ||
| 23:50 | JP | Domestic Corporate Goods Price Index (YoY) (May) | 2.0% | 2.2% | ||
| Jun 12 | 05:00 | JP | Consumer Confidence (May) | 47.4 | ||
| 08:30 | UK | Consumer Price Index (MoM) (May) | 2.6% | 0.3% | ||
| 08:30 | UK | Consumer Price Index (YoY) (May) | 2.5% | 2.8% | ||
| 08:30 | UK | Retail Price Index (MoM) (May) | 0.4% | 0.5% | ||