Thursday, Jun 28, 19:34 GMT
ASIA-PACIFIC Trading Newsletter
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Live Sessions Schedule
What moves currencies? - Wrapping-Up the Week, Month, Quarter and 1st Half
Expert: Tony Juste
Start: Fri, Jun 29, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
The Contest Webinar
Expert: Raghee Horner
Start: Fri, Jun 29, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Fri, Jun 29, 10:00 GMT | What moves currencies? - Wrapping-Up the Week, Month, Quarter and 1st Half | Tony Juste | WBN | |
| Fri, Jun 29, 11:00 GMT | The Contest Webinar  | Raghee Horner | WBN | |
| Fri, Jun 29, 14:00 GMT | Live Trading | Tony Juste | WBN | |
| Fri, Jun 29, 16:00 GMT | Trading with Tim Billups | Tim Billups | WBN | |
| Mon, Jul 2, 10:00 GMT | What moves currencies? | Tony Juste | WBN | |
Current Session: U.S.
EUR/USD
FOMC rate decision - Fed Leaves Rates At 5.25%; Still Sees Inflation Risk by Tony Juste, The advisor Weblog
Market reaction: USD gaining ground against the EUR and also GBP, in a positive reaction to the news. EUR/USD is now breaking an intradya uptrend line, and if this is confirmed more downside should be seen here. AUD/USD also down on the news, and USD/CAD doing a good job by ticking below 1.06 just to re-surface it fast, bouncing off extreme oversold levels.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- Price Flash: The USD continues near the lows of the day 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 Summary for Majors - Technical Summary for Majors by Windsor Brokers Ltd
Forex Trading Strategies - Market lacks direction ahead of US data by Saxo Bank
Forex Technical Report - Forex Technical Report USD/CHF by iFOREX.bg
Currencies at a Glance
- EUR/USD
- Stays above pivot level 1.3442 after US Interest Rate news
06/28/2007 18:38 GMT - GBP/USD
- Continues to trade around first resistant level 2.0015 after US Interest Rate news
06/28/2007 18:38 GMT - USD/CHF
- Trades around second resistant level 1.2318 after US Interest Rate news
06/28/2007 18:38 GMT - USD/JPY
- Stays above pivot level 122.76 after US Interest Rate news
06/28/2007 18:38 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
EMU CONSUMER CONFIDENCE
| Date (GMT) | Event | Cons. | Previous | |
| Jun 29 | 09:00 | Consumer Confidence | -1 | -1 |
Friday Notes - US Q2 growth bouncing back by HVB Group
After last month’s nice increase driven by higher consumer confidence, in June we expect EU economic sentiment to remain stable at 111.9. The growth picture looks favorable in all sectors, with the relative sub-indices pointing to ongoing above-potential growth. The euro area keeps enjoying a sustained and broadbased recovery.
[ Full Story ]Top Market Movers Review
US FED INTEREST RATE DECISION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 28 | 18:15 | Fed Interest Rate Decision | 5.25% | - | 5.25% |
The Federal Reserve keeps interest rates on hold at 5.25% (FXstreet.com)
The Federal Reserve’s Monetary Policy Committee has decided to maintain interest rates unchanged at 5.25% after their two-day monetary policy meeting. With this decision, the Fed has kept interest rates at 5.25% for a year. This decision is taken in a context of a rebounding economic growth.
[ Full Story ]- Read The Official Statement at Federal Reserve
- Dollar Down Vs Euro Ahead Of Fed Rate Decision (Dow Jones)
Fed Meeting Preview by FXstreet.com
FOMC June 28th Meeting by BBVA Bancomer
US GROSS DOMESTIC PRODUCT ANNUALIZED
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 28 | 12:30 | Gross Domestic Product Annualized | 0.7% | 0.8% | 1.3% |
DATA SNAP: US 1Q GDP Revised Up Less Than Expected (Dow Jones)
The U.S. economy fizzled last winter but it wasn't quite as bad as earlier data portrayed, according to a report Thursday that depicted slightly stronger growth because of an upward revision to exports. Gross domestic product rose at a 0.7% annual rate January through March, the Commerce Department reported.
[ Full Story ]- Read the Gross Domestic Product and Corporate Profits at Labor Department
- US Q1 GDP growth revised up to 0.7 pct, core PCE price index up 2.4 pct (Thomson Financial News)
- U.S. Q1 GDP revised up to 0.7% (FXstreet.com)
- Table Of Data On U.S. Corporate Profits (Dow Jones)
Forex Daily Analysis - GDP & US Interest Rates Decision. by ForexYard
Daily Global Commentary - Capital Spending Will Add to Q2 GDP, But By Only A Small Measure by Northern Trust
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 28 | 06:00 | UK | Nationwide Housing Prices n.s.a (YoY) (Jun) | 11.1% | 10.4% | 10.3% |
| 07:55 | DE | Unemployment Change (Jun) | -37K | -20K | 2K |
|
| 07:55 | DE | Unemployment Rate s.a. (Jun) | 9.1% | 9.2% | 9.2% | |
| 12:30 | US | Gross Domestic Product Annualized (1Q) | 0.7% | 0.8% | 1.3% | |
| 12:30 | US | Initial Jobless Claims (Jun 23) | 313K | 310K | 324K | |
| 16:00 | DE | Consumer Price Index (MoM) (Jun) | 0.2% | 0.2% | ||
| 16:00 | DE | Consumer Price Index (YoY) (Jun) | 1.9% | 1.9% | ||
| 18:15 | US | Fed Interest Rate Decision | 5.25% | 5.25% | ||
| 22:45 | NZ | Gross Domestic Product (QoQ) (1Q) | 1.0% | 0.8% | ||
| 23:30 | JP | Jobless Rate (May) | 3.9% | 3.8% | ||