Tuesday, Jul 03, 17:01 GMT
ASIA-PACIFIC Trading Newsletter
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Live Sessions Schedule
What moves currencies?
Expert: Tony Juste
Start: Thu, Jul 5, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
SPECIAL EVENT: Trade Non-Farm Payrolls LIVE
Expert: Wayne McDonell
Start: Fri, Jul 6, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Tue, Jul 3, 18:00 GMT | Live Look at Today’s Markets  | Derek Frey | WBN |  |
| Thu, Jul 5, 10:00 GMT | What moves currencies? | Tony Juste | WBN | |
| Thu, Jul 5, 12:00 GMT | US Pre-Market Open | Ed Ponsi | WBN |  |
| Thu, Jul 5, 13:00 GMT | Raghee Horner's Four Step Trading: Forex | Raghee Horner | WBN |  |
| Thu, Jul 5, 14:00 GMT | Technical Analysis Q&A | Tony Juste | WBN | |
Current Session: U.S.
GBP/USD
Mid-Day Forex Technical Report - Dollar Consolidates Near Lows against Euro and Sterling by ActionForex.com
Cable extended rally to as high as 2.0195 today, after taking out 2.0132 resistance, and is just a touch below mentioned target of 61.8% projection of 1.9183 to 2.0132 from 1.9621 at 2.0207.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- Price Flash: GBP/USD hits dynamic line again @ 2.0170, then falls 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
KBC Alert - GBP= (2.0172) Above neckline of Short Term Double Bottom by KBC Bank
Forex Trading Strategies - Markets Correcting From Yesterday by Saxo Bank
Exceeding Strategies - EUR/USD back over 1.3600 by Nexum Capital Markets
Currencies at a Glance
- EUR/USD
- Trades above pivot level 1.3596
07/03/2007 16:13 GMT - GBP/USD
- Floating around opening price level 2.0169 after bounced at pivot level 2.0141
07/03/2007 16:13 GMT - USD/CHF
- Trades above pivot level 1.2143
07/03/2007 16:13 GMT - USD/JPY
- Continues to trade around opening price level 122.39 , below pivot level 122.59
07/03/2007 16:13 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 ISM NON-MANUFACTURING
| Date (GMT) | Event | Cons. | Previous | |
| Jul 5 | 14:00 | ISM Non-Manufacturing | - | 59.7 |
Friday Notes - Inflation risks still skewed to the upside by HVB Group
Respondents from various services industries included in the ISM non-manufacturing survey have been uniformly upbeat about production, orders and employment conditions in their businesses. Nothing happened in June to dim their enthusiasm.
[ Full Story ]Top Market Movers Review
US PENDING HOME SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 3 | 14:00 | Pending Home Sales (MoM) | -3.5% | 0.6% | -3.2% |
U.S pending home sales decrease for the third straight month (FXstreet.com)
U.S. economy does not show signs of recovery from the housing sector slump, as pending home sales, a gauge to forecast home sales, fell for the third straight month.
[ Full Story ]- Pending Homes Sales Index Declines While Some Regions Are Up at NAR
- US pending home sales index drops 3.5 pct to 97.7 UPDATE (Thomson Financial News)
- US May pending home sales index drops 3.5 pct to 97.7 (Thomson Financial News)
- Pending home sales drop 3.5 percent (Thomson Financial News)
US FACTORY ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 3 | 14:00 | Factory Orders | -0.5% | -0.8% | 0.5% |
US May factory orders down 0.5 pct, ex-transportation up 0.7 pct (Thomson Financial News)
May US factory orders fell 0.5 pct, less than half the expected 1.3 pct decline. A 2.4 pct drop in orders for durable goods was offset by an unexpectedly large 1.6 pct increase in orders for non-durables.
[ Full Story ]- Highlights from the preliminary report on manufacturers' shipments, inventories, and orders at the US Department of Commerce
- DATA SNAP: US May Factory Orders Down Less Than Expected (Dow Jones)
- U.S. Factory Orders decrease less than expected (FXstreet.com)
Friday Notes - Inflation risks still skewed to the upside by HVB Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 3 | 01:30 | AU | Retail Sales (MoM) | -0.1% | 0.7% | 0.1% |
| 05:45 | CH | Consumer Price Index (YoY) | 0.6% | 0.7% | 0.5% | |
| 09:00 | EMU | Producer Price Index (MoM) | 0.3% | 0.3% | 0.4% | |
| 09:00 | EMU | Producer Price Index (YoY) | 2.3% | 2.4% | 2.4% | |
| 09:00 | EMU | Unemployment Rate | 7.0% | 7.1% | 7.1% | |
| 14:00 | US | Factory Orders | -0.5% | -0.8% | 0.5% |
|
| 14:00 | US | Pending Home Sales (MoM) | -3.5% | 0.6% | -3.2% | |
| 23:01 | UK | Nationwide Consumer Confidence | 97 | 99 | ||
| 23:30 | AU | RBA Interest Rate Decision | 6.25% | |||
| Jul 4 | 01:30 | AU | Trade Balance | -1200M | -962M | |