Thursday, Jul 12, 16:36 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: To be or not To be
- Website Renewed! All the Forex Market news and research also in Spanish
- FXstreet.com International Traders Conference: Come to Barcelona! Enjoy the Special Early Bird Discount
- Bank of Japan Meeting Review by FXstreet.com
- 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
Live Look at Today’s Markets - Free-Access Day
Expert: Derek Frey
Start: Thu, Jul 12, 18:00 GMT
Sponsored by: 
Type of Session: Webinar
What moves currencies?
Expert: Tony Juste
Start: Fri, Jul 13, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Thu, Jul 12, 16:00 GMT | Trading with Tim Billups - Free-Access Day | Tim Billups | WBN | |
| Thu, Jul 12, 18:00 GMT | Live Look at Today’s Markets - Free-Access Day | Derek Frey | WBN | |
| Fri, Jul 13, 10:00 GMT | What moves currencies? | Tony Juste | WBN | |
| Fri, Jul 13, 12:00 GMT | US Pre-Market Open  | Ed Ponsi | WBN |  |
| Fri, Jul 13, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: U.S.
EUR/USD
Daily Market Report: Forex - The Dollar sank to a record low against the euro by ICICI Bank
The Dollar sank to a record low against the euro weighed by concerns that wobbles in U.S. mortgage and credit markets could spread to the wider economy. EUR/USD was at 1.3788 from 1. 3767 yesterday and GBP/USD was at 2.0328 from 2.0334 yesterday. JPY/USD was at 122.16 from 121.58 yesterday.
- Postcards from the Right Edge!: New technical analysis blog by Rob Booker
- 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:
Foreing Exchange - EUR: Bullish outlook aboe 1.3730 today, next target is 1.3800 followed by 1.3835 by Avantage Financial GMBH
Spot Forex Trades - EURJPY New Signal by ForexSurvivor
Today's Top Momentum Movers - No End in Sight for Dollar Woes by TheFXMarkets.com
Currencies at a Glance
- EUR/USD
- Trades around first resistant level 1.3775
07/12/2007 16:29 GMT - GBP/USD
- Stays below pivot level 2.0309
07/12/2007 16:29 GMT - USD/CHF
- Trades around pivot level 1.2040
07/12/2007 16:29 GMT - USD/JPY
- Back around opening price level 122.47 , above pivot level 121.99
07/12/2007 16:29 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 RETAIL SALES
| Date (GMT) | Event | Cons. | Previous | |
| Jul 13 | 12:30 | Retail Sales ex Autos (MoM) | 0.3% | 0.8% |
| Jul 13 | 12:30 | Retail Sales (MoM) | 0.3% | 1.4% |
US economic indicators - Retail sales could have remained unchanged in June, after rising sharply in May by BHF-Bank
Retail sales, which had rebounded in April, could have risen much more moderately. All in all, business inventories seem to have contributed noticeably to growth in the 2nd quarter, after their decline in the first three months.
[ Full Story ]Top Market Movers Review
US TRADE BALANCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 12 | 12:30 | Trade Balance | -$60.04B | -$60.00B | -$58.50B |
DATA SNAP: US May Trade Gap Nearly Meets Expectations (Dow Jones)
The U.S. trade deficit widened in May as higher oil prices and inventory rebuilding by businesses helped elevate the nation's purchases of foreign goods. The U.S. deficit in international trade of goods and services grew by 2.3% to $60.04 billion from April's revised $58.67 billion, the Commerce Department said Thursday.
[ Full Story ]- Read the U.S. International Trade in Goods and Services at Commerce Department
- US May trade deficit up 2.3 pct to 60.0 bln usd as expected UPDATE (Thomson Financial News)
- US May trade deficit up 2.3 pct to 60.0 bln usd as expected (Thomson Financial News)
- US Trade Balance widens to $-60.04B in May (FXstreet.com)
Forex Daily Analysis - 12/07/'07 - BOJ Interest Rates & US Trade Balance. by ForexYard
Daily Forex Technical Report - BoJ on Hold, US Trade Balance Eyed by ActionForex.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 12 | 12:30 | US | Trade Balance (May) | $-60.04B | -$60.00B | -$58.50B |
| 14:30 | CA | Bank of Canada Monetary Policy Report | ||||
| 22:45 | NZ | Retail Sales (MoM) (May) | -1.2% | |||
| Jul 13 | 12:30 | US | Export Price Index (MoM) (Jun) | 0.3% | 0.1% | |
| 12:30 | US | Import Price Index (MoM) (Jun) | 0.6% | 0.9% | ||
| 12:30 | US | Import Price Index (YoY) (Jun) | 1.1% | |||
| 12:30 | US | Retail Sales (MoM) | 0.3% | 1.4% | ||