Friday, Jul 20, 16:24 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: New records, old stories
- 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
Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.
Live Sessions Schedule
Weekly Webinar: 1st on Forex - The Week Ahead
Expert: Jerry Furst
Start: Mon, Jul 23, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Objective Day Trading Rules for Forex Traders
Expert: Sam Seiden
Start: Mon, Jul 23, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
Topics
- Multiple trades in non-correlated markets
- Efficient profit taking with supply and demand
- Low risk / high reward position management
- Proper analysis to pre-plan your day trading opportunities
| Sponsored by | ||||
| Mon, Jul 23, 11:00 GMT | Weekly Webinar: 1st on Forex - The Week Ahead | Jerry Furst | WBN | |
| Mon, Jul 23, 12:00 GMT | Objective Day Trading Rules for Forex Traders | Sam Seiden | WBN | |
| Mon, Jul 23, 13:00 GMT | FX Instructor Live Trading Room  | Sunil Mangwani | WBN |  |
| Mon, Jul 23, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
| Mon, Jul 23, 15:00 GMT | Advanced Methods for Finding Dominant Trends in Forex Markets | Steve Primo | WBN |  |
Current Session: U.S.
GBP/JPY
Market Flash - JPY crosses are definitely on the move! by FXstreet.com
GBP/JPY is almost 220 down off the day's highs BELOW 249 NOW! (how cool that dynamic line -daily- is!), EUR/JPY is over 150 down to 168.30! This is a massive effort here, and let's see what follows up on this.
- Postcards from the Right Edge!: New technical analysis blog by Rob Booker
- Trade Alert (m/t): EUR/JPY 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 - Technical Summary for Majors by Windsor Brokers Ltd
Daily Forex Forecast - Daily Forex Forecast by FXDream
Forex Trading Strategies - GBP outperforming on better than expected GDP figures by Saxo Bank
Currencies at a Glance
- EUR/USD
- Trades around first resistant level 1.3827
07/20/2007 16:22 GMT - GBP/USD
- Moves up, trades around second resistant level 2.0570
07/20/2007 16:22 GMT - USD/CHF
- Moves down, trade around first support level 1.1996
07/20/2007 16:22 GMT - USD/JPY
- Continues to move down, trades above pivot level 121.98
07/20/2007 13:24 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
EMU PMI MANUFACTURING INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Jul 24 | 08:00 | PMI Manufacturing Index | 55.6 | 55.6 |
The Word of Majors - EUR: Prices keep inching their way higher but the uptrend is clearly slowing by FXstreet.com
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "The manufacturing sector is one of the most sensible to economic fluctuations, and can be a leading indicator to show if certain policies are inadequate and could trigger a slowdown for the economy. Though last reading was relatively high, anything below 54 should be considered as a red flag to the current monetary policy in the region." - FXstreet.com
Top Market Movers Review
UK GROSS DOMESTIC PRODUCT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 20 | 08:30 | Gross Domestic Product (QoQ) | 0.8% | 0.7% | 0.7% |
| Jul 20 | 08:30 | Gross Domestic Product (YoY) | 3.0% | 2.9% | 3.0% |
DATA SNAP: UK 2Q GDP In Line With Forecasts, Above Trend (Dow Jones)
The U.K. economy continued to fire on all cylinders in the second quarter of 2007, despite five successive interest rate hikes by the Bank of England over the past year.
[ Full Story ]- Read the GDP Growth: Economy rose by 0.7% in Q1 2007 at National Statistics
- Forex - Pound jumps above 2.05 usd after strong UK GDP data (Thomson Financial News)
- UK Q2 economic growth up quarterly 0.8 pct, boosted by manufacturing (Thomson Financial News)
- UK's GDP continues growing at strong pace in the 2Q (FXstreet.com)
Daily Forex Technical Report - Sterling Lifted Mildly by Stronger than Expected Q2 GDP by ActionForex.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 23 | 08:00 | DE | Import Price Index (MoM) (Jun) | 0.3% | 0.3% | |
| 08:00 | DE | Import Price Index (YoY) (Jun) | 1.1% | 0.6% | ||
| Jul 24 | 07:30 | JP | BoJ's Governor Fukui Speaks | |||
| 08:00 | EMU | PMI Manufacturing Index (Jul) | 55.6 | 55.6 | ||
| 08:00 | EMU | Purchasing Manager Index Services (Jul) | 58.0 | 58.3 | ||
| 14:00 | US | Richmond Fed Manufacturing Index (Jul) | 4 | 4 | ||
| Jul 25 | 14:00 | US | Existing Home Sales (Jun) | 5.88M | 5.99M | |