Tuesday, Sep 18, 19:46 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: USD at extremes against EUR, GBP, hits multi-decade lows against CAD
- NEW Webinars Video - Access now Educational Sessions Recordings
- The Brokers (re) Evolution: Tony Juste's Thoughts
- Forex Chat Room: Share your trading ideas and comments with fellow traders
- FXstreet.com 1st International Traders Conference − Come and meet our renowned Speakers
- Millionaire Traders: The new book by Kathy Lien & Boris Schlossberg
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Live Sessions Schedule
Tracking the forex market together / Part I
Expert: Dr.S.Sivaraman
Start: Wed, Sep 19, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
What Moves Currencies? − Post−FOMC Market Action
Expert: Tony Juste
Start: Wed, Sep 19, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Sep 19, 09:00 GMT | Tracking the forex market together / Part I | Dr.S.Sivaraman | WBN | |
| Wed, Sep 19, 10:00 GMT | What Moves Currencies? − Post−FOMC Market Action | Tony Juste | WBN | |
| Wed, Sep 19, 11:00 GMT | FX Instructor Live Trading Room  | Sunil Mangwani | WBN |  |
| Wed, Sep 19, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
| Wed, Sep 19, 13:00 GMT | Main Fundamental theme in the Currency market | Kathy Lien | WBN |  |
Currencies at a Glance
- EUR/USD
- Moves up above third resistant level 1.3928 after US Interest Rate news
09/18/2007 18:36 GMT - GBP/USD
- Moves up toward second resistant level 2.0159 after US Interest Rate news
09/18/2007 18:40 GMT - USD/CHF
- Moves down below first support level 1.1840 after US Interest Rate news
09/18/2007 18:32 GMT - USD/JPY
- Moves down back below first resistant level 115.42 after US Interest Rate news
09/18/2007 18:32 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading, Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
USD JPY, Hourly
Top Market Movers Preview
UK BANK OF ENGLAND MINUTES
| Date (GMT) | Event | Cons. | Previous | |
| Sep 19 | 08:30 | Bank of England Minutes | - | - |
Forex Weekly Review and Outlook − Dollar Weakness to Extend on Rate Cut Speculations by ActionForex.com
BoE expect inflation to remain close to its 2% target, or a "little below", in the next few months. Regarding the recent credit crunch, BoE noted that it's too soon to tell how the disruption in financial markets will impair the availability of credit to companies and households but will monitor closely the evolution of both "credit spreads" and the "quantities of credit extended". More details will be available in the minutes to be published on Sep 19.
[ Full Story ]Top Market Movers Review
US FED INTEREST RATE DECISION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 18 | 18:15 | Fed Interest Rate Decision | 4.75% | 5.00% | 5.25% |
Fed cuts key federal funds rate by a half point to 4.75 pct UPDATE (Thomson Financial News)
The Federal Reserve cut half a percentage point from its target Fed funds rate, giving financial markets a big dose of credit relief and more than they were expecting.
- Read the FOMC Statement at the Federal Reserve
- The Advisor Blog: FOMC cuts by 50bp
- Full text of the Federal Reserve's statement following today's meeting (Thomson Financial News)
- Fed cuts key federal funds rate by a half point to 4.75 pct (Thomson Financial News)
- FOMC cuts Fed Funds Rate to 4.75% (FXstreet.com)
Today's Top Momentum Movers - Dollar Gets Slammed on Rate Cut by TheFXMarkets.com
Fed Meeting Preview by FXstreet.com
Morning Report - USD mixed ahead of FOMC by Westpac Institutional Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 18 | 17:00 | US | NAHB Housing Market Index (Sep) | 20 | 20 | 22 |
| 18:15 | US | Fed Interest Rate Decision | 4.75% | 5.00% | 5.25% | |
| Sep 19 | 03:00 | JP | BoJ Interest Rate Decision | 0.5% | ||
| 05:00 | JP | Leading Economic Index (Jul) | 72.7 | 70.0 | ||
| 06:00 | DE | Producer Price Index (MoM) (Aug) | 0.1% | -0.1% | ||
| 06:00 | DE | Producer Price Index (YoY) (Aug) | 1.0% | 1.1% | ||
| 06:30 | JP | BoJ's Governor Fukui Speaks | ||||