Friday, Jul 06, 17:10 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
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Live Sessions Schedule
What moves currencies? - Preview of the Week Ahead
Expert: Tony Juste
Start: Mon, Jul 9, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Jul 9, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| 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? - Preview of the Week Ahead | 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 | |
| Mon, Jul 9, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
Current Session: U.S.
USD/JPY
Mid-Day Forex Technical Report - Dollar Extends Rally Against Yen after Strength in Non-Farm Payroll by ActionForex.com
USD/JPY's rally from 1.2208 extends further in early US session and touches mentioned 123.55 resistance. At this point, further rally should be seen as long as 122.84 support holds. As discussed before, the correction from 124.13 should have completed at 122.08 already, after drawing support from 122.01/05 cluster support.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- Read the latest Market reactions to U.S. Job Data 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:
Forex Trading Strategies - USD Stronger Ahead Of June Job Report by Saxo Bank
Daily Market Report: Forex - The Dollar appreciated across the board today by ICICI Bank
Currency Performance Report - Europe Session Performance by FXstreet.com
Currencies at a Glance
- EUR/USD
- Trades above pivot level 1.3612
07/06/2007 16:17 GMT - GBP/USD
- Moves down back below pivot level 2.0134
07/06/2007 16:18 GMT - USD/CHF
- Stays above pivot level 1.2157
07/06/2007 16:18 GMT - USD/JPY
- Moves up toward second resistant level 123.43
07/06/2007 16:18 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
Germany INDUSTRIAL PRODUCTION S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Jul 9 | 10:00 | Industrial Production s.a. (MoM) | 1.9% | -2.3% |
Friday Notes - EMU Budgets: Missed Opportunities by HVB Group
The UniCredit-Reuters tool points to a tangible recovery in May following the strong setback in the preceding month. After problems with the seasonal adjustment because of the mild winter weather, the dynamic of production should now stabilize at a level clearly above the longterm average.
[ Full Story ]Top Market Movers Review
US NONFARM PAYROLLS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 6 | 12:30 | Unemployment Rate | 4.5% | 4.5% | 4.5% |
| Jul 6 | 12:30 | Nonfarm Payrolls | 132K | 120K | 190K |
| Jul 6 | 12:30 | Average Hourly Earnings (MoM) | $0.06 | $0.30 | $0.06 |
| Jul 6 | 12:30 | Average Weekly Hours | 33.9 | 33.9 | 33.8 |
Mid-Day Forex Technical Report - Dollar Extends Rally Against Yen after Strength in Non-Farm Payroll by ActionForex.com
Jobs increased by 132k in Jun, higher than consensus of 120k. More impressively, May's job growth was revised strongly higher from 157k to 190k. That made the average job growths in Q2 at 148k, which is slightly better than 142k in Q1. Unemployment rate stays at 4.5% as expected.
[ Full Story ]- U.S. Employment Report - June Labor Department
- US employers added 132,000 jobs in June, unemployment rate steady at 4.5 pct (Thomson Financial News)
- Dollar Gains Against Euro, Yen After Solid US Payrolls Data (Dow Jones)
- DATA SNAP: Solid June Jobs Gain Carries Econ Momentum Into 2nd Half (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 6 | 08:30 | UK | Industrial Production (YoY) | 0.5% | 0.3% | 0.4% |
| 10:00 | DE | Factory Orders (MoM) | 3.2% | 0.5% | -1.6% |
|
| 10:00 | DE | Factory Orders (YoY) (May) | 7.5% | 8.6% | 11.7% | |
| 11:00 | CA | Net Change in Employment (Jun) | 34.8 | 15.8K | 9.3K | |
| 12:30 | US | Average Hourly Earnings (MoM) (Jun) | $0.06 | $0.30 | $0.06 | |
| 12:30 | US | Average Weekly Hours (Jun) | 33.9 | 33.9 | 33.8 |
|
| 12:30 | US | Nonfarm Payrolls | 132K | 120K | 190K |
|
| 12:30 | US | Unemployment Rate (Jun) | 4.5% | 4.5% | 4.5% | |
| Jul 9 | 08:30 | UK | Producer Price Index - Input (MoM) | 0.8% | 0.4% | |
| 08:30 | UK | Producer Price Index - Input (YoY) (Jun) | 2.1% | 1.2% | ||