Monday, Jul 30, 16:56 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
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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Jul 31, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
FX Instructor Live Trading Room
Expert: Sunil Mangwani
Start: Tue, Jul 31, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Jul 31, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Jul 31, 11:00 GMT | FX Instructor Live Trading Room | Sunil Mangwani | WBN | |
| Tue, Jul 31, 12:00 GMT | US Pre-Market Open  | Ed Ponsi | WBN |  |
| Tue, Jul 31, 13:30 GMT | Forex with Ed Ponsi | Ed Ponsi | WBN | |
| Tue, Jul 31, 14:00 GMT | Technical Analysis Bootcamp: The indicators you need to know and how to interpret them | Dan Blystone | WBN | |
Current Session: U.S.
GBP/USD
Mid-Day Forex Technical Report - More Consolidation to Follow in a Quiet Day by ActionForex.com
Cable stabilizes after reaching as low as 2.0182 earlier today. Subsequent recovery has push briefly above 2.0280 minor resistance, indicating that low is possibly formed after drawing support from mentioned support zone of 2.0086 and 2.0206. Intraday bias is flipped to the upside and further rebound towards 4 hours 55 EMA (now at 2.0422) could now be seen.
- Postcards from the Right Edge!: New technical analysis blog by Rob Booker
- 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 - EUR/CHF by Mizuho Corporate Bank
Weekly Forex Column - Market Directions - Sunday, July 29, 2007 by FX Solutions
Daily Forex Forecast by FXDream
Currencies at a Glance
- EUR/USD
- Trades above pivot level 1.3671
07/30/2007 16:54 GMT - GBP/USD
- Back around opening price level 2.0233 , below pivot level 2.0320
07/30/2007 16:54 GMT - USD/CHF
- Trades below first support level 1.2027
07/30/2007 16:55 GMT - USD/JPY
- Floating around pivot level 118.62
07/30/2007 16:55 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 RETAIL SALES
| Date (GMT) | Event | Cons. | Previous | |
| Jul 31 | 06:00 | Retail Sales (MoM) | -3.7% | -1.7% |
| Jul 31 | 06:00 | Retail Sales (YoY) | 1.3% | -1.8% |
Friday Notes - Oil prices – the primary trend is up by HVB Group
After the disappointing, strong decline in the previous month, retail sales should have recovered again in June. For the quarter as a whole, this will, therefore, also produce a solid increase of roughly 1% q-o-q in retail sales ex autos and petrol. Immediately after the VAT increase, they had plummeted 2.3% q-o-q
[ Full Story ]Top Market Movers Review
UK NET LENDING TO INDIVIDUALS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 30 | 08:30 | Net Lending to Individuals | £10.4B | £9.5B | £9.6B |
UK consumer lending improves in June (FXstreet.com)
Consumer lending has bounced back in the UK in June despite the Bank of England’s rate hike, according to the Bank’s latest monthly report. Consumer lending has risen to 10.4 billion pound in June from upwardly revised 9.6 billion in May, previously estimated as 9.5 billion.
[ Full Story ]- Bank of England homepage
- UK June net mortgage lending picks up, approvals hold steady - BoE (Thomson Financial News)
- UK June final M4 growth revised down to annual 12.9 pct vs 13.0 pct -BoE (Thomson Financial News)
- United Kingdom Jun Net Lending to Individuals rises to £10.4B from £9.6B in May (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 30 | 23:30 | JP | Jobless Rate (Jun) | 3.8% | 3.8% | |
| 23:30 | JP | Nomura/ JMMA Manufacturing Puchasing Manager Index (Jul) | 50.4 | |||
| 23:30 | JP | Overall Household Spending (YoY) (Jun) | 0.7% | 0.4% | ||
| 23:30 | JP | Personal Income (YoY) (Jun) | 1% | |||
| Jul 31 | 01:30 | AU | National Australia Bank's Business Conditions (2Q) | 22 | ||
| 03:00 | NZ | Business Confidence (Jul) | -37.2 | |||
| 06:00 | DE | Retail Sales (MoM) (Jun) | -3.7% | -1.7% | ||