Wednesday, Jun 20, 16:49 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: I'll keep on selling EUR crosses
- FXstreet.com International Traders Conference: Come to Barcelona! Enjoy the Special Early Bird Discount
- The Signals Tracker: track down the performance of a particular signal provider
- Check out all our Delivery Options
- Kathy Lien's Team is back: Check the next Webinar's schedule
Send us your feed back. Post your comments about the new newsletters' format in the Forum.
Live Sessions Schedule
What moves currencies?
Expert: Tony Juste
Start: Thu, Jun 21, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex - The Week Ahead
Expert: Jerry Furst
Start: Mon, Jun 25, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Wed, Jun 20, 16:00 GMT | Why variations in Behaviors of Currency pairs? | Dr.S.Sivaraman | WBN |  |
| Wed, Jun 20, 21:00 GMT | FX Daily Wrap Up  | Derek Frey | WBN |  |
| Thu, Jun 21, 10:00 GMT | What moves currencies? | Tony Juste | WBN | |
| Thu, Jun 21, 12:00 GMT | US Pre-Market Open | Ed Ponsi | WBN | |
| Thu, Jun 21, 13:00 GMT | Raghee Horner's Four Step Trading: Forex | Raghee Horner | WBN |  |
Current Session: U.S.
GBP/USD
Mid-Day Forex Technical Report - Sterling Soars after Hawkish Shock in MPC Minutes by ActionForex.com
Cable's strength continues as expected and breaks mentioned short term falling trend line resistance (now at 1.9916) and 161.8% projection of 1.9621 to 1.9783 from 1.9657 at 1.9919. At this point, intraday bias remains on the upside as long as 1.9869 minor support holds.
- Technical Trigger -GBP/USD - back to trendline test? 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 Forex Forecast - Daily Forex Forecast by FXDream
Daily Outlook - GBP/USD: Sell on break of 1.9872 by Karoll
Forex Trading Strategies - USD weakness still a theme by Saxo Bank
Currencies at a Glance
- EUR/USD
- Back around opening price level 1.3426 , above pivot level 1.3415
06/20/2007 16:28 GMT - GBP/USD
- Moves up above second resistant level 1.9930
06/20/2007 16:28 GMT - USD/CHF
- Stays around second support level 1.2375
06/20/2007 16:28 GMT - USD/JPY
- Trades around first resistant level 123.61
06/20/2007 16:28 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
Japan MERCHANDISE TRADE BALANCE TOTAL
| Date (GMT) | Event | Cons. | Previous | |
| Jun 20 | 23:50 | Merchandise Trade Balance Total | ¥540.0B | ¥922.8B |
USD/JPY Daily Outlook - USD/JPY Daily Outlook by AceTrader
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "The consensus shows a cut-to-the-half prevision of the trade surplus, which is something really to take into account, as we should not forget that the JPY should be profiting from the weaker Yen and that exports should overcome imports by some distance. This could show that the current JPY weakness is not the mother of all solutions and that some other economies should start taking note of this" - FXstreet.com
Top Market Movers Review
UK BANK OF ENGLAND MINUTES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 20 | 08:30 | Bank of England Minutes | - | - | - |
European Market Update - BOE Minutes Show Surprising 5-4 Vote; Governor King in the Minority by Trade The News
The Bank of England minutes were released overnight and surprised many market participants showing a 5-4 vote at the June 7 meeting with BOE Governor King amongst the outvoted minority for the first time since August of 2005.
[ Full Story ]- Read the MPC Minutes: June 2007 at BoE
- Sterling Edges Back Towards $2 After MPC Minutes (Dow Jones)
- UK short sterling futures slightly lower after hawkish BoE minutes (AFX News)
- Forex - Pound jumps after unexpectedly hawkish set of BoE minutes (AFX News)
Economic Data Roundup - UK 20/6 Minutes of MPC Meeting 7-7/6 by ODL Securities
The Currency Futures Report - Pound Higher Ahead of 'Minutes' by Alaron
UK M4 MONEY SUPPLY
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 20 | 08:30 | M4 Money Supply (MoM) | 1.2% | 1.0% | 1.3% |
| Jun 20 | 08:30 | M4 Money Supply (YoY) | 13.8% | 13.4% | 13.3% |
UK May M4 up annual 13.8 pct, highest since Oct 2006's 13.9 pct (AFX News)
The UK's broad measure of money supply continued to grow at a strong pace during May, figures from the Bank of England confirmed today. In its first release of the money supply during the month, the central bank said its preferred M4 measure rose by a monthly 1.2 pct, and by 13.8 pct year-on-year.
[ Full Story ]Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 20 | 07:15 | CH | Producer and Import Prices (YoY) (May) | 2.8% | 2.4% | 2.6% |
| 08:00 | SE | Riksbank Interest Rate Decision | 3.50% | 3.25% | ||
| 08:30 | UK | Bank of England Minutes | ||||
| 08:30 | UK | M4 Money Supply (MoM)  | 1.2% | 1.0% | 1.3% | |
| 08:30 | UK | M4 Money Supply (YoY) (May) | 13.8% | 13.4% | 13.3% | |
| 08:30 | UK | Public Sector Net Borrowing (May) | 8.2B | 7.3 | 1.1B | |
| 12:30 | CA | Leading Indicators (MoM) | 0.5% | 0.4% | 0.4% | |
| 14:00 | US | Paulson Testifies On the International Financial System | ||||
| 23:50 | JP | Merchandise Trade Balance Total (May) | ¥540.0B | ¥922.8B | ||
| Jun 21 | 06:15 | CH | Trade Balance (May) | 1.50B | 0.63B | |