Friday, Sep 07, 16:47 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: And I don't trust them
- TRENDEX: Real−time market comments and trading tips. Get your Trial Account now!
- The Brokers (re) Evolution: NFA New Regulation
- Millionaire Traders: The new book by Kathy Lien & Boris Schlossberg
- FXstreet.com 1st International Traders Conference − Come and meet our renowned Speakers
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
What Moves Currencies? − Preview of the Week Ahead
Expert: Tony Juste
Start: Mon, Sep 10, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Strategies for Long Term Profits in the Forex
Expert: John Jagerson
Start: Mon, Sep 10, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Sep 10, 09:00 GMT | Asia−Pacific trading Webinar  | Abdul Khan | WBN | |
| Mon, Sep 10, 10:00 GMT | What Moves Currencies? − Preview of the Week Ahead | Tony Juste | WBN | |
| Mon, Sep 10, 12:00 GMT | Strategies for Long Term Profits in the Forex | John Jagerson | WBN | |
| Mon, Sep 10, 13:00 GMT | FX Instructor Live Trading Room | Sunil Mangwani | WBN |  |
| Mon, Sep 10, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
Current Session: U.S.
EUR/USD
Mid−Day Forex Technical Report − Dollar Sold off after Shocking Poor Non−Farm Payroll by ActionForex.com
EUR/USD surges to as high as 1.3774 in US session on broad based dollar weakness. At this point, further rally is expected to be seen to retest key resistance zone of 100% projection of 1.1639 to 1.2978 from 1.2483 at 1.3822 and 1.3851 high.
- Best short now is EUR/USD by Tony Juste
- 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:
Forex Trading Strategies − Further Direction Lies in the US Job Report by Saxo Bank
Daily Forex Forecast by FXDream
Forex Technical Report − Forex Technical Report USD/CHF by iFOREX.bg
Currencies at a Glance
- EUR/USD
- Stays above second resistant level 1.3751
09/07/2007 16:15 GMT - GBP/USD
- Trades around first resistant level 2.0287
09/07/2007 16:16 GMT - USD/CHF
- Continues to trade below third support level 1.1916
09/07/2007 16:16 GMT - USD/JPY
- Stays below last week low 113.86 , below third support level 114.19
09/07/2007 16:17 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
France INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Cons. | Previous | |
| Sep 10 | 06:45 | Industrial Production (MoM) | 0.4% | -0.5% |
Friday Notes - ECB: Stage−managing the crisis by HVB Group
Following a highly disappointing June reading, we have reason to expect a rebound in industrial and especially manufacturing production for July.
[ Full Story ]Top Market Movers Review
US WHOLESALE INVENTORIES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 7 | 14:00 | Wholesale Inventories | 0.2% | 0.5% | 0.3% |
DATA SNAP:US Wholesale Inventories Up Less Than Expected (Dow Jones)
U.S. wholesale inventories, held back by a drop in automotive stocks, rose less than expected in July, as sales rose slightly. Wholesale inventories rose 0.2% to a seasonally adjusted $398.83 billion in July, the Commerce Department said Friday.
[ Full Story ]- Read the Monthly Wholesale Trade at Census Bureau
- US July wholesale inventories up 0.2 pct, sales up 0.1 pct (Thomson Financial News)
- Ahead of the Bell: Wholesale Trade (Thomson Financial News)
US NONFARM PAYROLLS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 7 | 12:30 | Nonfarm Payrolls | -4K | 108K | 68K |
US August non−farm payrolls down 4,000, first drop in four years (Thomson Financial News)
US employers in August unexpectedly posted their first monthly payroll decline in four years as manufacturing and construction workers both posted sharp declines, the Labor Department said today.
[ Full Story ]- Read the Employment Situation at Labor Department
- FOCUS Fed under pressure to cut by 50 basis points after dreadful payrolls (Thomson Financial News)
- Forex − Dollar slumps after weakest payrolls report in four years UPDATE (Thomson Financial News)
- Forex − Dollar slumps after weakest payrolls report in four years (Thomson Financial News)
US: Weak job market in August by Danske Bank A/S
Daily Analysis - U.S. nonfarm payrolls report will lead the market by Finotec Group Inc.
Trading News Report - How To Trade The US Nonfarm Payrolls Report by FXCM
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 7 | 12:30 | US | Nonfarm Payrolls (Aug) | -4K | 108K | 68K |
| 14:00 | US | Wholesale Inventories (Jul) | 0.2% | 0.5% | 0.3% |
|
| Sep 10 | 06:45 | FR | Industrial Production (MoM) (Jul) | 0.4% | -0.5% | |
| 08:30 | UK | Industrial Production (MoM) (Jul) | -0.1% | |||
| 08:30 | UK | Industrial Production (YoY) (Aug) | 0.9% | |||
| 19:00 | US | Consumer Credit (Jul) | $13.2 | |||
| Sep 11 | 08:30 | UK | Total Trade Balance (Jul) | -3.6B | ||