Thursday, Jul 05, 16:57 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: Too many things for tomorrow's NFP
- FXstreet.com International Traders Conference: Come to Barcelona! Enjoy the Special Early Bird Discount
- Be prepared for the next Non-Farm Payrolls - Trade it LIVE with Wayne McDonell
- Who is going to be the FX Trader of the year? Find it out in the Forum
- Check out all our Delivery Options
Send us your feed back. Post your comments about the new newsletters' format in the Forum.
Live Sessions Schedule
SPECIAL EVENT: Trade Non-Farm Payrolls LIVE - 14th Edition
Expert: Wayne McDonell
Start: Fri, Jul 6, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
What moves currencies?
Expert: Tony Juste
Start: Mon, Jul 9, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Thu, Jul 5, 18:00 GMT | Live Look at Today’s Markets  | Derek Frey | WBN |  |
| Fri, Jul 6, 12:00 GMT | SPECIAL EVENT: Trade Non-Farm Payrolls LIVE - 14th Edition | Wayne McDonell | WBN | |
| Mon, Jul 9, 10:00 GMT | What moves currencies? | Tony Juste | WBN | |
| Mon, Jul 9, 12:00 GMT | US Pre-Market Open | Ed Ponsi | WBN |  |
| Mon, Jul 9, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: U.S.
GBP/USD
Mid-Day Forex Technical Report - Dollar Recovers on NFP Speculation, Sterling Lower Despite BoE Hike by ActionForex.com
After some volatility, cable is still limited by 2.0206 high and 61.8% projection of 1.9183 to 2.0132 from 1.9621 at 2.0207. Break of 2.0130 minor support, with 4 hours MACD staying below signal line, suggest that at least a short term top is formed and further decline is now expected to be seen towards 4 hours 55 EMA (now at 2.0068) first.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- Price Flash: EUR/USD pays off the failed MA's cross as it continues to trade into extremes, USD/CHF and Cable also out of bounds now 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:
FX Technical Commentary - Thursday's Technical Outlook by Aspen Trading Group
Technical Analysis Special - EUR/CZK by Mizuho Corporate Bank
Daily Forex Forecast - Daily Forex Forecast by FXDream
Currencies at a Glance
- EUR/USD
- Trades around second support level 1.3590
07/05/2007 16:23 GMT - GBP/USD
- Continues to trade around second support level 2.0117
07/05/2007 16:24 GMT - USD/CHF
- Trades around first resistant level 1.2171
07/05/2007 16:25 GMT - USD/JPY
- Floating around first resistant level 122.85
07/05/2007 16:26 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 NONFARM PAYROLLS
| Date (GMT) | Event | Cons. | Previous | |
| Jul 6 | 12:30 | Nonfarm Payrolls | 120K | 157K |
Friday Notes - Inflation risks still skewed to the upside by HVB Group
A reasonably good employment report for June is likely. Recent business surveys indicate hiring intentions are up, apart from manufacturing and construction. Layoffs are slightly higher, but not enough to lift the unemployment rate. A small 0.2% increase in average hourly earnings can be expected, reflecting a shift toward lower-paying jobs.
[ Full Story ]Top Market Movers Review
US ISM NON-MANUFACTURING
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 5 | 14:00 | ISM Non-Manufacturing | 60.7 | - | 59.7 |
U.S. Non-Manufacturing ISM increases in June (FXstreet.com)
Non-manufacturing ISM Index, which measures activity of services, construction and agriculture, has increased to 60.7 points in June from 59.7 in May.
[ Full Story ]- Non-Manufacturing Business Index - Institute fot Supply Management
- EEUU- ISM de servicios sube inesperadamente en junio de 59,7 a 60,7 puntos (Thomson Financial News)
- Forex - Dollar firms after on stronger-than expected service sector report (Thomson Financial News)
- U.S. service sector expands in June (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 5 | 05:00 | JP | Leading Economic Index (May) | 30.0 | 40.0 | 18.2 |
| 11:00 | UK | BOE Interest Rate Decision | 5.75% | 5.50% | 5.50% | |
| 11:45 | EMU | ECB Interest Rate Decision | 4% | 4% | 4% | |
| 12:15 | US | ADP Employment Change | 150K | 97K | ||
| 12:30 | CA | Building Permits (MoM) | 21.4% | -4.5% | -8.4% | |
| 12:30 | US | Initial Jobless Claims | 318K | 315K | 316K |
|
| 14:00 | US | ISM Non-Manufacturing | 60.7 | 59.7 | ||
| 14:00 | CA | Ivey Purchasing Managers Index | 67.4 | 62.0 | 62.7 | |
| Jul 6 | 05:45 | CH | Unemployment Rate (Jun) | 2.6% | 2.7% | |
| 08:30 | UK | Industrial Production (MoM) | 0.3% | 0.3% | ||