Thursday, Jul 19, 16:36 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- 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
- Have a look at Postcards from the Right Edge! The new blog by Rob Booker
- Check out the NEW Flash Charts on the Rates & Charts Section
Send us your feed back. Post your comments about the new newsletters' format in the Forum.
Live Sessions Schedule
What moves currencies? - Last session of the season
Expert: Tony Juste
Start: Fri, Jul 20, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex - The Week Ahead
Expert: Jerry Furst
Start: Mon, Jul 23, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Jul 19, 18:00 GMT | Live Look at Today’s Markets  | Derek Frey | WBN |  |
| Fri, Jul 20, 10:00 GMT | What moves currencies? - Last session of the season | Tony Juste | WBN | |
| Fri, Jul 20, 11:00 GMT | The Contest Webinar | Raghee Horner | WBN |  |
| Fri, Jul 20, 12:00 GMT | US Pre-Market Open | Ed Ponsi | WBN | |
| Fri, Jul 20, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: U.S.
EUR/JPY
Mid-Day Forex Technical Report - Dollar in Tight Range, Sterling Softer by ActionForex.com
EUR/JPY's raise from 167.71 resumes in today and at this point, further rally is expected to follow to retest 168.93 high. Break will confirm that recent rally from 164.23 has resumed for next upside target of 100% projection of 161.49 to 166.94 from 164.23 at 169.68.
- Postcards from the Right Edge!: New technical analysis blog by Rob Booker
- Price Flash: EUR/JPY joins the group of 'technical analysis dissenters' 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 Analysis Special - AUD by Mizuho Corporate Bank
Technical Analysis Special - NZD by Mizuho Corporate Bank
Daily Forex Forecast - EUR/USD has risen towards 1.3833 by FXDream
Currencies at a Glance
- EUR/USD
- Trades with narrow daily range between pivot level 1.3796 and yesterday high 1.3832
07/19/2007 16:14 GMT - GBP/USD
- Stays below pivot level 2.0511
07/19/2007 16:14 GMT - USD/CHF
- Moves up above pivot level 1.2005
07/19/2007 16:15 GMT - USD/JPY
- Trades above pivot level 121.95
07/19/2007 16:16 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 GROSS DOMESTIC PRODUCT
| Date (GMT) | Event | Cons. | Previous | |
| Jul 20 | 08:30 | Gross Domestic Product (QoQ) | 0.7% | 0.7% |
| Jul 20 | 08:30 | Gross Domestic Product (YoY) | 2.9% | 3.0% |
Friday Notes - "Suberprimemania" refuses to go away by HVB Group
We expect real GDP to have grown by a robust 0.7% q-o-q, the same pace as in Q1 2007. The supply side breakdown is likely to show a nice acceleration in industrial production and solid, although declining, growth of the services sector.
[ Full Story ]Top Market Movers Review
US PHILADELPHIA FED MANUFACTURING SURVEY
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 19 | 16:00 | Philadelphia Fed Manufacturing Survey | 9.2 | 14.0 | 18.0 |
Philadelphia Fed July index 9.2 vs 12.0 expected (Thomson Financial News)
The Philadelphia Fed's manufacturing index fell to 9.2 in July, showing unexpectedly weaker business conditions in the mid-Atlantic region.
[ Full Story ]- CORRECT: Philadelphia Business Index Consensus Was 11.8 (Dow Jones)
- DATA SNAP: Philadelphia Mfg Activity Softens In July (Dow Jones)
- Ahead of the Bell: Philadelphia Fed (Thomson Financial News)
US LEADING INDICATORS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 19 | 14:00 | Leading Indicators (MoM) | -0.3% | 0% | 0.2% |
US Conference Board: Jun Leading Index -0.3% (Dow Jones)
An index intended to show the economy's future direction declined by 0.3% in June to 137.5, according to preliminary estimates by the Conference Board. The Conference Board, a private research group, said Thursday that its composite index of leading indicators declined in June after a revised 0.2% increase in May.
[ Full Story ]- Read The Conference Board U.S. Leading Index Decreased 0.3 Percent
- U.S. economy seen contracting (Thomson Financial News)
- U.S. Conference Board’s Leading Index drops 0.3% in June (FXstreet.com)
US FED'S BERNANKE TESTIFIES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 19 | 13:30 | Fed's Bernanke Testifies | - | - | - |
THE FED: Bernanke Begins Second Day Of Testimony (Dow Jones)
Federal Reserve Chairman Ben Bernanke began his second day of testimony Thursday before Congress on the state of the U.S. economy and the outlook for monetary policy. Bernanke is appearing this morning before the Senate Banking Committee. His prepared remarks were identical to his testimony on Wednesday.
[ Full Story ]- Read the Testimony of Chairman Ben S. Bernanke on monetary policy report to the Congress at the Fed
- Bernanke advances economical growth while warns about inflation (FXstreet.com)
- Fed's Bernanke Testifies Before Senate Panel on Monetary Policy
Daily Forex Technical Report - Dollar in Tight Range ahead of Bernanke Testimony II & FOMC Minutes by ActionForex.com
Testimony of Chairman Ben Bernanke Semiannual Monetary Policy Report to Congress by BBVA Bancomer
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 19 | 14:00 | US | Leading Indicators (MoM) (Jun) | -0.3% | 0% | 0.2% |
| 16:00 | US | Philadelphia Fed Manufacturing Survey (Jul) | 9.2 | 14.0 | 18.0 | |
| 18:00 | US | FOMC Minutes (Jun 28) | ||||
| Jul 20 | 01:30 | AU | Export Price Index (QoQ) (2Q) | 0% | ||
| 01:30 | AU | Import Price Index (QoQ) (2Q) | -1.7% | |||
| 07:15 | CH | Producer and Import Prices (MoM) (Jun) | 0.3% | 0.9% | ||
| 07:15 | CH | Producer and Import Prices (YoY) (Jun) | 3.2% | 2.8% | ||