Thursday, Jun 21, 16:47 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: Indecision
- 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: Fri, Jun 22, 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: | ||||
| Thu, Jun 21, 21:00 GMT | FX Daily Wrap Up  | Derek Frey | WBN |  |
| Fri, Jun 22, 10:00 GMT | What moves currencies? | Tony Juste | WBN | |
| Fri, Jun 22, 11:00 GMT | The Contest Webinar | Raghee Horner | WBN |  |
| Fri, Jun 22, 12:00 GMT | US Pre-Market Open | Ed Ponsi | WBN | |
| Fri, Jun 22, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: U.S.
USD/CHF
Forex Mid-Day Technical Report - Dollar Still in Range, CAD Spikes Lower after Retail Sales by ActionForex.com
As discussed before, USD/CHF's pull back from 1.2467 could have already completed at 1.2354 after being supported above 1.2345 cluster support (38.2% retracement of 1.2146 to 1.2468 at 1.2345) and with 4 hours MACD rebound to above signal line. However, break of 1.2427 resistance is needed to confirm and bring retest of 1.2467 high.
- GBP/CHF watch - Where the real 'carry madness' lies 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:
Technical Analysis Special - CHF/JPY by Mizuho Corporate Bank
Forex Trading Strategies - Ranges In Majors Still Intact by Saxo Bank
Daily Forex Forecast - Daily Forex Forecast by FXDream
Currencies at a Glance
- EUR/USD
- Continues to trade below pivot level 1.3411
06/21/2007 16:34 GMT - GBP/USD
- Continues to trade around pivot level 1.9915 with narrow daily range
06/21/2007 16:34 GMT - USD/CHF
- Trades around first resistant level 1.2401
06/21/2007 16:34 GMT - USD/JPY
- Continues to trade above pivot level 123.43 with narrow daily range
06/21/2007 16:36 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
Germany IFO - BUSINESS CLIMATE
| Date (GMT) | Event | Cons. | Previous | |
| Jun 22 | 08:00 | IFO - Business Climate | 108.4 | 108.6 |
EMU economic indicators - German ZEW economic sentiment and ifo business climate might improve in June by BHF-Bank
For similar reasons, the German ifo business climate index might improve somewhat in June, probably led by the business expectations component.
[ Full Story ]Top Market Movers Review
US PHILADELPHIA FED MANUFACTURING SURVEY
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 21 | 16:00 | Philadelphia Fed Manufacturing Survey | 18.0 | 7.0 | 4.2 |
DATA SNAP: Philadelphia Factories See Strong June Gain (Dow Jones)
Mid-Atlantic area manufacturers saw their best rate of growth since April 2005 during June, even as they continued to face pressure on the inflation front.
[ Full Story ]- Philly Fed June index 18.0 vs 6.3 expected (AFX News)
- Ahead of the Bell: Philadelphia Fed (AFX News)
US LEADING INDICATORS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 21 | 14:00 | Leading Indicators (MoM) | 0.3% | 0.2% | -0.3% |
US Conference Board: May Leading Index +0.3% (Dow Jones)
The economy appears poised for modest but continued growth over the summer months, according to a report Thursday. Private research group the Conference Board said that its index of leading indicators rose by 0.3% to a reading of 138.0 in May, from the revised 0.3% decline seen the month before.
[ Full Story ]- Read the report: The Conference Board U.S. Leading Index Increased 0.3 Percent
- U.S. economy to expand in coming months (AFX News)
- U.S. Conference Board’s Leading Indicator returns to positive in May (FXstreet.com)
Friday Notes - Inflationary pressure building by HVB Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 21 | 08:00 | EMU | PMI Manufacturing Index (Jun) | 55.4 | 54.5 | 55.0 |
| 08:00 | EMU | Purchasing Manager Index Services (Jun) | 58.3 | 57.2 | 57.3 | |
| 10:00 | UK | CBI Industrial Trends Survey - Total Orders | 8% | 6% | 5% | |
| 12:30 | US | Initial Jobless Claims (Jun 16) | 324K | 310K | 311K | |
| 12:30 | CA | Retail Sales (MoM) (Apr) | 0.4% | 1.0% | 1.9% | |
| 12:30 | CA | Retail Sales ex Autos (MoM) (Apr) | 0% | 0.5% | 1.1% | |
| 14:00 | US | Leading Indicators (MoM) (May) | 0.3% | 0.2% | -0.3% |
|
| 16:00 | US | Philadelphia Fed Manufacturing Survey (Jun) | 18.0 | 7.0 | 4.2 | |
| Jun 22 | 08:00 | DE | IFO - Business Climate | 108.4 | 108.6 | |
| 09:00 | EMU | Industrial New Orders (YoY) (Apr) | 8.7% | 8.0% | ||