Monday, Aug 27, 16:56 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- New NFA requirements - Francesc Riverola asks the opinion of top industry's CEO's
- Tony Juste is back! Check the Advisor Blog now
- FXstreet.com 1st International Traders Conference - Come and meet our renowned Speakers
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Live Sessions Schedule
London Open: Live Market Analysis with FX Bootcamp
Expert: Wayne McDonell
Start: Tue, Aug 28, 08:00 GMT
Sponsored by: 
Type of Session: Webinar
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Aug 28, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Aug 27, 18:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Tue, Aug 28, 08:00 GMT | London Open: Live Market Analysis with FX Bootcamp | Wayne McDonell | WBN | |
| Tue, Aug 28, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Aug 28, 10:00 GMT | What Moves Currencies? − A Look at the High−Yielders | Tony Juste | WBN |  |
| Tue, Aug 28, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
Current Session: U.S.
EUR/JPY
Mid−Day Forex Technical Report − FX Markets Quietly Steady after Existing Home Sales by ActionForex.com
The forex markets are quietly steady in early US session. Existing home sales in US dropped merely 0.2% in Jul from an upwardly revised 5.76m annualized rate to 5.75m. Though it marked a fifth consecutive decline in the existing home sales and is the lowest reading since Nov 02, it's slightly better than expectation of 5.70m. The inventory−to−sales ratio surged to 9.6 months, while the median existing price is down by 0.6%.
- Tony Juste is finally back! Read his last weblog posts
- The Signals Tracker: performance of signals providers
- Check out how pairs moved: Live Currency Rates & Charts
- 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:
FX Thoughts for the Day − FX Thoughts for the day − Evening − 27−Aug−2007....1200 GMT by Kshitij Consultancy Service
Foreing Exchange − Euro broke right through 1.3626 resistance by Avantage Financial GMBH
Forex Technical Report − Forex Technical Report USD/CHF by iFOREX.bg
Currencies at a Glance
- EUR/USD
- Trades above pivot level 1.3636
08/27/2007 16:43 GMT - GBP/USD
- Continues to trade around opening price level 2.0140 , above pivot level 2.0090
08/27/2007 16:43 GMT - USD/CHF
- Stays above pivot level 1.2024
08/27/2007 16:43 GMT - USD/JPY
- Trades around pivot level 116.15
08/27/2007 16:43 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
USD JPY, Hourly
Top Market Movers Preview
Germany IFO − BUSINESS CLIMATE
| Date (GMT) | Event | Cons. | Previous | |
| Aug 28 | 08:00 | IFO − Business Climate | 105.2 | 106.4 |
EMU economic indicators - German ifo business climate is expected to have deteriorated in August by BHF−Bank
Just like the German ZEW economic sentiment, the German ifo business climate index is expected to drop significantly in August, because the global consequences of the US subprime mortgage crisis are becoming evident.
[ Full Story ]Top Market Movers Review
US EXISTING HOME SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 27 | 14:00 | Existing Home Sales | 5.75M | 5.70M | 5.76M |
US July Existing Home Sales Dn 0.2% To 5.75 Mln Rate (Dow Jones)
Existing−home sales fell a fifth straight time during July, while inventories of unsold property climbed and prices dropped. Home resales declined to a 5.75 million annual rate, a 0.2% decrease from June's revised 5.76 million annual pace.
[ Full Story ]- Read the report: Existing−Homes Sales Stable In July at NAR
- US July existing home sales fall 0.2 pct to 5.75 mln unit annual rate (Thomson Financial News)
- U.S. Existing home sales decreased in July (FXstreet.com)
- Table Of Data On Existing US Home Sales (Dow Jones)
Forex Trading Strategies - USD Offered on Housing Worries by Saxo Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 27 | 13:00 | EMU | ECB's Trichet Speaks | |||
| 14:00 | US | Existing Home Sales (Jul) | 5.75M | 5.70M | 5.76M |
|
| 23:50 | JP | BoJ Minutes | ||||
| Aug 28 | 08:00 | DE | IFO − Business Climate (Aug) | 105.2 | 106.4 | |
| 14:00 | US | Consumer Confidence (Aug) | 105.0 | 112.6 | ||
| 14:00 | US | Richmond Fed Manufacturing Index (Aug) | 1 | 4 | ||
| 18:00 | US | FOMC Minutes | ||||