Wednesday, Sep 05, 16:57 GMT
ASIA-PACIFIC Trading Newsletter
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Live Sessions Schedule
What Moves Currencies? − Analysis of the Central Banks Decisions and their Impact on Currencies
Expert: Tony Juste
Start: Thu, Sep 6, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Money Management
Expert: Don Wilcox
Start: Thu, Sep 6, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Sep 5, 14:00 GMT | Current Market Synopsis and the Swing Trader's Charts | Adam Rosen | WBN | |
| Wed, Sep 5, 18:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Thu, Sep 6, 10:00 GMT | What Moves Currencies? − Analysis of the Central Banks Decisions and their Impact on Currencies | Tony Juste | WBN | |
| Thu, Sep 6, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
| Thu, Sep 6, 13:00 GMT | Money Management | Don Wilcox | WBN | |
Current Session: U.S.
EUR/USD
Mid−Day Forex Technical Report − ADP Suggests Weak NFP, BoC on Hold by ActionForex.com
EUR/USD continues to trade with an undertone today. With mentioned 1.3627 minor resistance remains intact, further decline is still mildly in favor. However, downside is still expected to be contained by 1.3543 cluster support (50% retracement of 1.3360 to 1.3719 at 1.3540) and bring another rise
- The European Central Bank said Wednesday that euro money market volatility has increased and it may take action Thursday to "contribute to orderly conditions." (source: DJN) At Tony Juste's Blog
- TRENDEX: Real−time market comments and trading tips. Get your Trial Account now!
- 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:
Weekly Update − America's currency once again traveled along by Union Bank of California
Daily Forex Forecast by FXDream
Forex Technical Report − Forex Technical Report USD/JPY by iFOREX.bg
Currencies at a Glance
- EUR/USD
- Trades around second resistant level 1.3667
09/05/2007 16:25 GMT - GBP/USD
- Continues to move up toward last week high 2.0232 , above first resistant level 2.0191
09/05/2007 16:26 GMT - USD/CHF
- Trades around second support 1.2043
09/05/2007 16:26 GMT - USD/JPY
- Stays below first support level 115.63
09/05/2007 16:26 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, 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
US FED'S BEIGE BOOK
| Date (GMT) | Event | Cons. | Previous | |
| Sep 5 | 18:00 | Fed's Beige Book | - | - |
Daily Forex Technical Report − Markets await ADP & Beige Book, RBA on Hold, BoC to Follow by ActionForex.com
Meanwhile, today's Fed Beige Book which covers the second half of July and most of August, will likely be the most anticipated in recent months.
[ Full Story ]Equity And Index Trading Strategies - FED's Beige Book will give markets direction by Saxo Bank
Top Market Movers Review
US PENDING HOME SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 5 | 14:00 | Pending Home Sales (MoM) | -12.2% | -2.0% | 5.0% |
US Pending Home Sales Index Drops Sharply In July (Dow Jones)
Future home sales could tumble, according to a housing industry forecasting tool that delivers another swipe to the slumping sector.
[ Full Story ]- Read the Pending Home Sales Data at NAR
- US July pending home sales index falls 12.2 pct to lowest in six years (Thomson Financial News)
- US Jul Pending Home Sales (MoM) decreases to −12.2% in Jul; −16.1% down on the year (FXstreet.com)
- Ahead of the Bell: Pending Home Sales (Thomson Financial News)
US ADP EMPLOYMENT CHANGE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 5 | 12:15 | ADP Employment Change | 38K | 80K | 48K |
US August ADP private payrolls report up 38,000 UPDATE (Thomson Financial News)
The US economy added 38,000 private sector jobs in August, payroll services firm ADP said today.
[ Full Story ]- Read the ADP National Employment Report
- US August ADP private payrolls report up 38,000 (Thomson Financial News)
- ADP−Macroeconomic Advisers See Aug Payrolls +38,000 (Dow Jones)
Daily Forex Technical Report − Markets await ADP & Beige Book, RBA on Hold, BoC to Follow by ActionForex.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 5 | 13:00 | CA | BoC Interest Rate Announcement | 4.5% | 4.5% | 4.5% |
| 14:00 | US | Pending Home Sales (MoM) (Jul) | -12.2% | -2.0% | 5.0% | |
| 18:00 | US | Fed's Beige Book | ||||
| Sep 6 | 01:30 | AU | Employment Change (Jul) | 25.0 | 2.5 | |
| 01:30 | AU | Unemployment Rate (Aug) | 4.3% | 4.3% | ||
| 05:45 | CH | Unemployment Rate (Aug) | 2.5% | 2.5% | ||
| 05:45 | CH | Unemployment Rate s.a. (Aug) | 2.7% | 2.7% | ||