Tuesday, Jun 26, 16:52 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: Always put a question mark whenever speaking of carry trade
- FXstreet.com International Traders Conference: Come to Barcelona! Enjoy the Special Early Bird Discount
- Fed Meeting Preview by FXstreet.com
- 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: Wed, Jun 27, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Level of Sentiment in the FX Market
Expert: Antonio Sousa
Start: Wed, Jun 27, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Tue, Jun 26, 18:00 GMT | Live Look at Today’s Markets  | Derek Frey | WBN |  |
| Wed, Jun 27, 10:00 GMT | What moves currencies? | Tony Juste | WBN | |
| Wed, Jun 27, 13:00 GMT | Level of Sentiment in the FX Market | Antonio Sousa | WBN | |
| Wed, Jun 27, 14:00 GMT | Trading the Divergence setup | Sunil Mangwani | WBN |  |
| Wed, Jun 27, 18:00 GMT | Live Look at Today’s Markets | Derek Frey | WBN | |
Current Session: U.S.
EUR/USD
Forex Trading Strategies - JPY Crosses Coming Back by Saxo Bank
With regards to USD-crosses, we still think that USD-weakness is the theme, which should trigger further upward movement in GBPUSD and EURUSD. In EURUSD, we are buying the break of 1.3476 bid, stop offer at 1.3453 targeting 1.3550.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- US data follow-up 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
Technical Outlook - EUR/JPY by Danske Bank A/S
Forex Technical Report - Forex Technical Report USD/CHF by iFOREX.bg
Currencies at a Glance
- EUR/USD
- Stays above pivot level 1.3458
06/26/2007 16:34 GMT - GBP/USD
- Continues to trade above pivot level 1.9979
06/26/2007 16:34 GMT - USD/CHF
- Trades around pivot level 1.2288
06/26/2007 16:34 GMT - USD/JPY
- Moves up toward pivot level 123.63
06/26/2007 16:34 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
New Zealand TRADE BALANCE
| Date (GMT) | Event | Cons. | Previous | |
| Jun 26 | 18:45 | Trade Balance | 0.045B | -0.210 |
Weekly Commentary - Data extravaganza by Westpac Institutional Bank
May is normally a trade-surplus month, although for the past two years May trade has been in deficit. We expect a return to surplus, with strong export receipts on the back of high commodity prices. Over the next few months we will be watching closely for signs of a pick-up in imports to meet booming consumption. There is some risk that imports could rise earlier than expected in May, which would see a smaller surplus than expected, or even a deficit.
[ Full Story ]Top Market Movers Review
US CONSUMER CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 26 | 14:00 | Consumer Confidence | 103.9 | 106.0 | 108.5 |
Consumer confidence falls in June (Thomson Financial News)
Consumer confidence fell more than expected in June as shoppers fretted about jobs, a private research group said Tuesday. The New York-based Conference Board said that its Consumer Confidence Index fell almost 5 points to 103.9, down from a revised 108.5 in May.
[ Full Story ]- Read The Conference Board Consumer Confidence Index Retreats
- US consumer confidence falls lower than expected to 103.9 (Thomson Financial News)
- U.S. Consumer Confidence decreases in Jun to 103.9 from 108.5 in May (FXstreet.com)
- US Conference Bd June Consumer Confidence 103.9 Vs May 108.5 (Dow Jones)
US NEW HOME SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 26 | 14:00 | New Home Sales | 915K | 925K | 930K |
DATA SNAP: US May Home Sales Pace Below Expectations (Dow Jones)
New-home sales resumed falling in May and the big jump in demand the month before was revised lower, while the median price of a home compared to a year earlier dropped. Sales of single-family homes decreased by 1.6% to a seasonally adjusted annual rate of 915,000, the Commerce Department said Tuesday.
[ Full Story ]- Read the New Residential Sales Index at Commerce Department
- US May new home sales fall 1.6 pct to 915,000 annual rate (Thomson Financial News)
- Table Of Data On New Home Sales From Commerce (Dow Jones)
- U.S. New Home Sales decrease more than expected in May (FXstreet.com)
Forex Daily Analysis - 26/06/'07 - US New Home Sales. by ForexYard
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 26 | 06:00 | DE | Import Price Index (MoM) | 0.3% | 0.4% | 0.9% |
| 08:00 | EMU | Current Account | -4.0B | 5.4B | ||
| 14:00 | US | Consumer Confidence (Jun) | 103.9 | 106.0 | 108.5 |
|
| 14:00 | US | New Home Sales (May) | 915K | 925K | 930K |
|
| 18:45 | NZ | Trade Balance (May) | 0.045B | -0.210 | ||
| 23:50 | JP | Large Retailer's Sales (May) | -1.8% | |||
| 23:50 | JP | Retail Trade (YoY) (May) | -0.6% | |||
| Jun 27 | 09:30 | CH | KOF Swiss Leading Indicator (Jun) | 2.06 | 1.96 | |
| 12:30 | US | Durable Goods Orders (May) | -1.0% | 0.6% | ||
| 12:30 | US | Durable Goods Orders ex Transportation (May) | 0.2% | 1.9% | ||