Friday, Jun 29, 15:21 GMT
ASIA-PACIFIC Trading Newsletter
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Live Sessions Schedule
What moves currencies?
Expert: Tony Juste
Start: Mon, Jul 2, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex - The Week Ahead
Expert: Jerry Furst
Start: Mon, Jul 2, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| 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 | |
| Mon, Jul 2, 11:00 GMT | Weekly Webinar: 1st on Forex - The Week Ahead | Jerry Furst | WBN | |
| Mon, Jul 2, 12:00 GMT | US Pre-Market Open | Ed Ponsi | WBN |  |
| Mon, Jul 2, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: U.S.
EUR/USD
Mid-Day Forex Technical Report - Dollar Extends Weakness after PCE, CAD Sold off from New 30 Yr High by ActionForex.com
EUR/USD's rally from 1.3262 finally resumes in early US session today by breaking through 1.3481 resistance, reaching as high as 1.3518 so far. At this point, intraday bias remains on the upside as long as 1.3481 resistance turned support holds. Next upside target will be 1.3553 resistance.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- EUR/USD hits extreme overbought levlea gain @ 1.3520 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 Outlook - USD/JPY daily by Karoll
FXA Technical Commentary - A$, a steep decline nearing? by FXA
FX Thoughts for the Day - FX Thoughts for the day - Evening - 29-June-2007....1140 GMT by Kshitij Consultancy Service
Currencies at a Glance
- EUR/USD
- Continues to move up above second resistant level 1.3507
06/29/2007 14:16 GMT - GBP/USD
- Moves up above first resistant level 2.0055
06/29/2007 14:16 GMT - USD/CHF
- Moves down toward second support level 1.2232
06/29/2007 14:16 GMT - USD/JPY
- Continues to trade around first resistant level 123.42
06/29/2007 14:16 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
UK PMI MANUFACTURING INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Jul 2 | 08:30 | PMI Manufacturing Index | 54.4 | 54.9 |
Friday Notes - Inflation risks still skewed to the upside by HVB Group
After a strong rise in May, we expect manufacturing PMI to decline to 54, with some deceleration in the output component, after the modest May gain. The price index is also likely to decline from the peak registered in May.
[ Full Story ]Top Market Movers Review
US CHICAGO PURCHASING MANAGERS' INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 29 | 13:45 | Chicago Purchasing Managers' Index | 60.2% | 58.0% | 61.7% |
Chicago PMI Slips In June, Still Shows Economic Growth (Dow Jones)
Manufacturing activity in the Chicago area fell slightly in June, but remained at a high enough level to suggest that the economy will strengthen over the next year. The National Association of Purchasing Management-Chicago said Friday that its manufacturing index for the heavily industrialized region fell to 60.2 in June.
[ Full Story ]- Read the Chicago PMI data at Kingsbury International
- Chicago June purchasers index falls slightly to 60.2 vs 58.0 expected (Thomson Financial News)
- Table Of Data From US Chicago Purchasing Managers' Report (Dow Jones)
- U.S Chicago PMI eases in June (FXstreet.com)
US CORE PERSONAL CONSUMPTION EXPENDITURE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 29 | 12:30 | Core Personal Consumption Expenditure (YoY) | 1.9% | 1.9% | 2.0% |
| Jun 29 | 12:30 | Core Personal Consumption Expenditure (MoM) | 0.1% | 0.1% | 0.1% |
DATA SNAP: US May Personal Income Up Less Than Expected (Dow Jones)
The income of Americans resumed rising in May but the increase was less than expected, while their spending remained steady at a solid rate of growth as a key price gauge dipped. Personal income rose at a seasonally adjusted rate of 0.4% compared to the month before, the Commerce Department said Friday.
[ Full Story ]- Read the Personal Income and Outlays at Commerce Department
- Dollar Extends Losses Vs Euro On Lower Core PCE (Dow Jones)
- US May core PCE price index up 1.9 pct year-on-year; lowest since February 2004 (Thomson Financial News)
- U.S. Personal Income growth, below expectations in May (FXstreet.com)
Daily Forex Technical Report - Focus Turning to PCE by ActionForex.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 29 | 09:30 | UK | Gfk Consumer Confidence (Jun) | -3 | -3 | -2 |
| 12:30 | US | Core Personal Consumption Expenditure (MoM) (May) | 0.1% | 0.1% | 0.1% | |
| 12:30 | US | Core Personal Consumption Expenditure (YoY) (May) | 1.9% | 1.9% | 2.0% | |
| 12:30 | CA | Gross Domestic Product (MoM) (Apr) | 0% | 0.3% | 0.3% | |
| 12:30 | US | Personal Income (May) | 0.4% | 0.6% | -0.2% |
|
| 12:30 | US | Personal Spending (May) | 0.5% | 0.7% | 0.5% | |
| 13:45 | US | Chicago Purchasing Managers' Index (Jun) | 60.2% | 58.0% | 61.7% | |
| 14:00 | US | Reuters/Michigan Consumer Sentiment Index (Jun) | 85.3 | 84.2 | 83.7 | |
| Jul 1 | 23:50 | JP | Tankan Large All Industry Capex | 9.0% | 2.9% | |
| 23:50 | JP | Tankan Large Manufacturers Index | 23 | 23 | ||