Wednesday, Jun 13, 16:44 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: A bit of a relief for the Europeans
- 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
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Live Sessions Schedule
What moves currencies? - JPY crosses watch - Free-Access Day
Expert: Tony Juste
Start: Thu, Jun 14, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Asia-Pacific trading Webinar - Free-Access Day
Expert: Abdul Khan
Start: Thu, Jun 14, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Wed, Jun 13, 16:00 GMT | Limitations of Forex Trading platforms and how to win such constrain | Dr.S.Sivaraman | WBN | |
| Wed, Jun 13, 21:00 GMT | FX Daily Wrap Up  | Derek Frey | WBN |  |
| Thu, Jun 14, 10:00 GMT | What moves currencies? - JPY crosses watch - Free-Access Day | Tony Juste | WBN | |
| Thu, Jun 14, 12:00 GMT | Asia-Pacific trading Webinar - Free-Access Day | Abdul Khan | WBN | |
| Thu, Jun 14, 13:00 GMT | Raghee Horner's Four Step Trading: Forex - Free-Access Day | Raghee Horner | WBN |  |
Current Session: U.S.
USD/CHF
Mid-Day Forex Technical Report - Dollar Hesitates to Rally Further Despite Strong Retail Sales by ActionForex.com
USD/CHF's rally from 1.2146 continues today by reaching as high as 1.2468 so far. At this point further rally is still expected as long as 1.2395 minor support holds. Next upside target will be 1.2571 high. However, touching of 1.2395 support will indicates that a short term top is possibly formed on overbought condition and bring retreat to 4 hours 55 EMA (now at 1.2312) before another rise.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- Markets take a rest, but it could be brief ... 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:
Forex Trading Strategies - Strong Retail Sales Support a Stronger USD by Saxo Bank
Bank Recomendations - CommerzBank, LLoyds TSB Financial Markets by Finotec Group Inc.
FX Thoughts for the day - Evening - 13-June-2007....1149 GMT by Kshitij Consultancy Service
Currencies at a Glance
- EUR/USD
- Moves up back above first support level 1.3278
06/13/2007 16:26 GMT - GBP/USD
- Trades slightly below pivot level 1.9737
06/13/2007 16:26 GMT - USD/CHF
- Trades around first resistant level 1.2445 on US Retail Sales news
06/13/2007 16:26 GMT - USD/JPY
- Continues to trade around 122.35 , above third resistant level 122.09
06/13/2007 16:26 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
US FED'S BEIGE BOOK
| Date (GMT) | Event | Cons. | Previous | |
| Jun 13 | 18:00 | Fed's Beige Book | - | - |
Friday Notes - Italy: Draghi's wake up call by HVB Group
The summary of observations about the business situation compiled by regional Fed banks will stress the rebound in growth in Q2, after the low Q1 GDP reading. We expect more comments about tightness in the labor market.
[ Full Story ]Top Market Movers Review
US BUSINESS INVENTORIES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 13 | 14:00 | Business Inventories | 0.4% | 0.2% | 0% |
US April business inventories up 0.4 pct, sales up 0.7 pct; above expectations (AFX News)
US business inventories rose 0.4 pct in April, according to the Commerce Department, above the expected 0.3 pct increase. Sales for the month were up 0.7 pct, above analysts' expectation of an 0.6 pct increase.
[ Full Story ]- Read the Manufacturing and Trade Inventories and Sales at Commerce Department
- U.S. Business Inventories grow larger than expected (FXstreet.com)
US RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 13 | 12:30 | Retail Sales (MoM) | 1.4% | 0.6% | -0.1% |
US May retail sales up 1.4 pct, biggest monthly increase since January 2006 (AFX News)
US retail sales were up 1.4 pct in May, the biggest rise since the 3.3 pct jump in January 2006, the Commerce Department said today. May's increase was higher than expectations for a 0.7 pct rise.
[ Full Story ]- Read the Retail Sales data at Commerce Department
- Dollar Extends Gains After US Retail Sales (Dow Jones)
- US May import prices up 0.9 pct vs 0.3 pct expected (AFX News)
- DATA SNAP: US May Retail Sales More Than Double Expected (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 13 | 08:30 | UK | Claimant Count Rate (May) | 2.7% | 2.8% | 2.8% |
| 12:30 | US | Import Price Index (MoM) (May) | 0.9% | 0.3% | 1.4% |
|
| 12:30 | US | Import Price Index (YoY) (May) | 1.1% | 1.9% | ||
| 12:30 | CA | Manufacturing Shipments (MoM) (Apr) | -0.6% | 0.7% | 3.0% |
|
| 12:30 | US | Retail Sales (MoM) (May) | 1.4% | 0.6% | -0.1% |
|
| 14:00 | US | Business Inventories (Apr) | 0.4% | 0.2% | 0% |
|
| 14:30 | UK | Leading Indicator Index (Apr) | 0.6% | 0.6% | ||
| 15:40 | CA | Bank of Canada Governor Dodge speaks at St. John's Board of Trade | ||||
| 17:00 | EMU | ECB's Trichet speaks in Berlin | ||||
| 18:00 | US | Fed's Beige Book | ||||