Wednesday, Jul 11, 16:48 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: Carry alarm... OFF
- FXstreet.com International Traders Conference: Come to Barcelona! Enjoy the Special Early Bird Discount
- Live Free-Access day: Attend for FREE to all our Webinars
- Website Renewed! All the Forex Market news and research also in Spanish
- Check out the NEW Flash Charts on the Rates & Charts Section
- Have a look at Postcards from the Right Edge! The new blog by Rob Booker
Send us your feed back. Post your comments about the new newsletters' format in the Forum.
Live Sessions Schedule
What moves currencies? - Free-Access Day
Expert: Tony Juste
Start: Thu, Jul 12, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Leverage and Money Management - Free-Access Day
Expert: S. Wade Hansen
Start: Thu, Jul 12, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Wed, Jul 11, 16:00 GMT | Changing market conditions and change in trading opportunities | Dr.S.Sivaraman | WBN | |
| Wed, Jul 11, 18:00 GMT | Live Look at Today’s Markets  | Derek Frey | WBN |  |
| Thu, Jul 12, 10:00 GMT | What moves currencies? - Free-Access Day | Tony Juste | WBN | |
| Thu, Jul 12, 11:00 GMT | Leverage and Money Management - Free-Access Day | S. Wade Hansen | WBN | |
| Thu, Jul 12, 12:00 GMT | US Pre-Market Open - Free-Acess Day | Ed Ponsi | WBN | |
Current Session: U.S.
EUR/JPY
Today's Top Momentum Movers - Euro Keeps Rolling on Dollar by TheFXMarkets.com
The yen fell against both the dollar and the euro, and the dollar continued to sink to new lows against the euro this morning. The yen fell after U.S. stocks managed a bounce after yesterday's heavy losses, prompting traders to speculate that the carry trade is in no jeopardy. During the last few selloffs over the past few months, the yen has bounced on any major drop in the equity markets, as traders buy back borrowed yen to cover risky positions. Today, the yen fell on speculations of global equity strength.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- Follow up all the currency pairs in Real Time, the Advisor Weblog 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 by Windsor Brokers Ltd
Daily Forex Forecast by FXDream
Mid-Day Forex Technical Report - Yen Pares Gains, Dollar Remains Pressured by ActionForex.com
Currencies at a Glance
- EUR/USD
- Stays above opening price level 1.3747 , above pivot level 1.3696
07/11/2007 16:17 GMT - GBP/USD
- Trades around first resistant level 2.0332
07/11/2007 16:18 GMT - USD/CHF
- Moves up above opening price level 1.2021 , below pivot level 1.2077
07/11/2007 16:18 GMT - USD/JPY
- Continues to move up toward pivot level 122.31
07/11/2007 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
UK RICS HOUSE PRICE BALANCE
| Date (GMT) | Event | Cons. | Previous | |
| Jul 11 | 23:01 | RICS House Price Balance | 21.0% | 23.9% |
Spot Forex Trades - Mission of GBPUSD has been completed by ForexSurvivor
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "Is the housing market in the UK losing attractive? Well, the RICS data will show what the trend is, but several studies have already issued clear warnings that the housing market may be suffering a serious slowdown as UK rates go higher. Important data to watch that will most likely have a direct effect on Cable." - FXstreet.com
Top Market Movers Review
EMU ECB'S TRICHET SPEAKS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 11 | 13:00 | ECB's Trichet Speaks | - | - | - |
Trichet says ECB will take 'firm and timely action' against inflation if needed (Thomson Financial News)
European Central Bank president Jean-Claude Trichet said the ECB is ready to take "firm and timely action" to counter inflation risks if necessary. Trichet told the European Parliament that the euro zone inflation outlook remains subject to upside risks. The high level of capacity utilisation and falling unemployment could lead to higher-than-expected wage increases.
[ Full Story ]Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 11 | 13:00 | EMU | ECB's Trichet Speaks | |||
| 14:30 | US | EIA Crude Oil Stocks | -1.4M | 3.1M | ||
| 23:01 | UK | RICS House Price Balance | 21.0% | 23.9% | ||
| Jul 12 | 01:30 | AU | Employment Change (Jun) | 39.4K | ||
| 01:30 | AU | Unemployment Rate (Jun) | 4.2% | |||
| 03:00 | JP | BoJ Interest Rate Decision | 0.5% | |||
| 04:30 | JP | Industrial Production (MoM) (May) | -0.4% | -0.2% | ||