Friday, Jun 22, 16:54 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: The day the SNB decided not to play BoJ anymore
- 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? - The Week Ahead
Expert: Tony Juste
Start: Mon, Jun 25, 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: | ||||
| Mon, Jun 25, 10:00 GMT | What moves currencies? - The Week Ahead | Tony Juste | WBN | |
| Mon, Jun 25, 11:00 GMT | Weekly Webinar: 1st on Forex - The Week Ahead | Jerry Furst | WBN | |
| Mon, Jun 25, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
| Mon, Jun 25, 15:00 GMT | Learn the basics to trade Forex | Steven Primo | WBN |  |
| Mon, Jun 25, 16:00 GMT | Trading with Tim Billups  | Tim Billups | WBN | |
Current Session: U.S.
GBP/USD
Mid-Day Forex Technical Report - Dollar Sharply Lower, So is Yen, Cable Pressing 2 by ActionForex.com
Cable remains firm today and surges to as high as 1.9996 in early US session. Break of 1.9968 structure resistance confirms that fall from 2.0132 has completed after drawing support from medium term rising channel line. Also, the three wave structure of this fall indicates that it's merely a correction to rise from 1.9183 only.
- Intraday chart analysis for EUR/USD, GBP/USD and USD/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:
Daily Forex Forecast - Daily Forex Forecast by FXDream
Weekly Market Commentary - Another rather nervous week for the financial markets by Mizuho Corporate Bank
Bank Recomendations - ABN AMRO, Mizuho Corporate Bank by Finotec Group Inc.
Currencies at a Glance
- EUR/USD
- Back above third resistant level 1.3441 after retraced below second resistant level 1.3424
06/22/2007 16:31 GMT - GBP/USD
- Back around second resistant level 1.9973 after retraced to first resistant level 1.9948
06/22/2007 16:31 GMT - USD/CHF
- Stays below third support level 1.2327
06/22/2007 16:31 GMT - USD/JPY
- Continues to trade around second resistant level 123.93
06/22/2007 16:31 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 EXISTING HOME SALES
| Date (GMT) | Event | Cons. | Previous | |
| Jun 25 | 14:00 | Existing Home Sales | 6.00M | 5.99M |
Friday Notes - US Q2 growth bouncing back by HVB Group
May is usually one of the most active months for existing home sales, so even a hint of weakness will be punished by the seasonal adjustment process. Based on the soft data on new building permits and housing starts, the market has a while to go before stabilizing. High inventories probably led to lower home prices in May, as well.
[ Full Story ]Top Market Movers Review
Germany IFO - BUSINESS CLIMATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 22 | 08:00 | IFO - Business Climate | 107.0 | 108.4 | 108.6 |
European Market Update - German IFO is less optimistic by Trade The News
The three main components of the German IFO survey for the month of June declined by more than expected. The Business climate declined to 107.0 in June from 108.6 in May.
[ Full Story ]- IFO homepage
- UPDATE: German Ifo Business Climate Below Forecasts In June (Dow Jones)
- European government bonds rise after German Ifo misses expectations (AFX News)
- Forex - Euro steady despite softer-than-expected Ifo survey, yen at fresh lows (AFX News)
EMU economic indicators - German ZEW economic sentiment and ifo business climate might improve in June by BHF-Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 22 | 08:00 | DE | IFO - Business Climate | 107.0 | 108.4 | 108.6 |
| 09:00 | EMU | Industrial New Orders (YoY) (Apr) | 12.2% | 8.7% | 8.1% |
|
| 09:00 | EMU | Industrial New Orders s.a. (MoM) (Apr) | -0.4% | -0.5% | 2.8% |
|
| Jun 25 | 06:10 | DE | Gfk Consumer Confidence Survey | 7.8 | 7.3 | |
| 14:00 | US | Existing Home Sales (May) | 6.00M | 5.99M | ||
| Jun 26 | 14:00 | US | Consumer Confidence (Jun) | 106 | 108 | |
| 14:00 | US | New Home Sales (May) | 925K | 981K | ||
| Jun 28 | 18:15 | US | Fed Interest Rate Decision | 5.25% | ||
| Jun 29 | 13:45 | US | Chicago Purchasing Managers' Index (Jun) | 58.0% | 61.7% | |