Thursday, Aug 09, 16:50 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Website Renewed! All the Forex Market news and research also in Spanish
- Have a look at Postcards from the Right Edge! The new blog by Rob Booker
- FXstreet.com 1st International Traders Conference − Come and meet our renowned Speakers
- Fed Meeting Review by FXstreet.com
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Live Sessions Schedule
Emerging Market Currencies
Expert: John Jagerson
Start: Fri, Aug 10, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Aug 13, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Aug 10, 11:00 GMT | The Contest Webinar  | Raghee Horner | WBN | |
| Fri, Aug 10, 12:00 GMT | Emerging Market Currencies | John Jagerson | WBN | |
| Fri, Aug 10, 16:00 GMT | Trading with Tim Billups | Tim Billups | WBN | |
| Mon, Aug 13, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Aug 13, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
Current Session: U.S.
USD/JPY
Mid−Day Forex Technical Report − Focus Back to Risk Aversion, Yen Crosses Tumble by ActionForex.com
As discussed before, rebound from 117.14 should have completed with three waves up to 119.80 after just missing 119.81/89 cluster resistance (100% projection of 117.15 to 119.07 from 117.97 at 119.89 and 38.2% retracement of 124.13 to 117.15 at 119.81).
- 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:
Forex Trading Strategies − Subprime Worries Still Puzzling Investor Sentiment by Saxo Bank
Daily Trading Strategy − Is China's threat for real? by MVDForex
Forex Technical Report − Forex Technical Report GBP/USD by iFOREX.bg
Currencies at a Glance
- EUR/USD
- Back above second support level 1.3676 after bounced at 1.3655
08/09/2007 16:12 GMT - GBP/USD
- Trades below pivot level 2.0308
08/09/2007 16:13 GMT - USD/CHF
- Stays above pivot level 1.1956
08/09/2007 16:14 GMT - USD/JPY
- Back above second support level 118.30
08/09/2007 16:14 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
USD JPY, Hourly
GBP USD, Hourly
Top Market Movers Preview
France INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Cons. | Previous | |
| Aug 10 | 06:45 | Industrial Production (MoM) | 0.4% | 0.4% |
Friday Notes - Weathering the storm by HVB Group
So far, industrial production figures in the second quarter have been disappointing in spite of healthy indications from business surveys. Nevertheless, we believe calendar and holiday effects may have been at play in depressing the April−May outcomes.
[ Full Story ]Top Market Movers Review
US INITIAL JOBLESS CLAIMS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 9 | 12:30 | Initial Jobless Claims | 316K | 310 | 309K |
US Jobless Claims +7K To 316K In Aug 4 Week; Survey +4K (Dow Jones)
The number of U.S. workers filing new claims for jobless benefits increased more than expected last week, suggesting labor markets started the month on a somewhat soft tone after subpar job growth in July.
[ Full Story ]- Read the Unemployment Insurance Weekly Claims Report at Labor Department
- US first time jobless claims rise 7,000 to 316,000 last week (Thomson Financial News)
- U.S. Initial jobless claims grow larger than expected (FXstreet.com)
- US Aug 4 Initial Jobless Claims up 7K to 316,000 (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 9 | 12:30 | US | Initial Jobless Claims (Aug 4) | 316K | 310 | 309K |
| 12:30 | CA | New Housing Price Index (YoY) (Jun) | 7.8% | 8.6% | ||
| 23:50 | JP | Domestic Corporate Goods Price Index (MoM) (Jul) | 0.6% | 0.1% | ||
| 23:50 | JP | Domestic Corporate Goods Price Index (YoY) (Jul) | 2.1% | 2.3% | ||
| Aug 10 | 04:30 | JP | Industrial Production (MoM) (Jun)  | 1.2% | -0.3% | |
| 04:30 | JP | Industrial Production (YoY) (Jun) | 1.0% | 3.8% | ||
| 05:00 | JP | Consumer Confidence (Jul) | 46.0 | 45.2 | ||