Monday, Sep 24, 16:30 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the Close. Ooops!
- NEW Webinars Video - Access now Educational Sessions Recordings
- The Brokers (re) Evolution: The CEO's reply − FXCM and GFX Group answer to the Open Letter
- Forex Chat Room: Share your trading ideas and comments with fellow traders
- FXstreet.com 1st International Traders Conference − Come and meet our renowned Speakers
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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Sep 25, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
Watch Live Coverage of the US GDP
Expert: Jerry Furst
Start: Thu, Sep 27, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Sep 24, 16:00 GMT | Trading with Tim Billups  | Tim Billups | WBN |  |
| Tue, Sep 25, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Sep 25, 10:00 GMT | What Moves Currencies? | Tony Juste | WBN | |
| Tue, Sep 25, 11:00 GMT | FX Instructor Live Trading Room | Mihai Marinescu | WBN |  |
| Tue, Sep 25, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
EUR/JPY
Mid−Day Forex Technical Report − Dollar Consolidates after Initial Weakness by ActionForex.com
EUR/JPY retreats mildly after reaching as high as 162.62. Though upside momentum is seen diminishing mildly, further rally is still in favor as long as 160.68 minor support holds. Next upside target will be 165.39 cluster resistance (100% projection of 149.27 to 159.67 from 155.15 at 165.55).
- Read the latest Technical Comments on the Advisor's Blog
- New Webinars Video − Access now Educational Sessions Recordings
- 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:
Bank Recomendations − TSB Corporate Markets, Trendsetter Financial Markets by Finotec Group Inc.
Daily Forex Forecast by FXDream
Daily Analysis − Dollar dips to 15−year low as slide extends by Finotec Group Inc
Currencies at a Glance
- EUR/USD
- Moves down below pivot level 1.4084
09/24/2007 16:00 GMT - GBP/USD
- Trades above opening price level 2.0199 , above pivot level 2.0164
09/24/2007 16:01 GMT - USD/CHF
- Stays above pivot level 1.1721
09/24/2007 16:01 GMT - USD/JPY
- Continues to trade between pivot level 115.30 and first support level 114.75
09/24/2007 16:01 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
Germany IFO − BUSINESS CLIMATE
| Date (GMT) | Event | Cons. | Previous | |
| Sep 25 | 08:00 | IFO − Business Climate | 105.0 | 105.8 |
Friday Notes - Fed Eases, ECB Pauses by HVB Group
The ZEW growth expectations of financial market experts posted a further tangible decline in the still uncertain market environment. With the new record highs in EUR−USD and the oil price, we also expect a weaker business climate. Business activity has peaked, and the risks for the future development have also increased.
[ Full Story ]Top Market Movers Review
EMU INDUSTRIAL NEW ORDERS S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 24 | 09:00 | Industrial New Orders (YoY) | 10.9% | - | 14.0% |
| Sep 24 | 09:00 | Industrial New Orders s.a. (MoM) | -4.0% | -3.0% | 4.5% |
Euro Zone's industrial new orders fall lower than expected in July (FXstreet.com)
Industrial new orders have dropped sharper than expected in the Euro Zone in July, in a sign of the sector's weakening righ before the crisis in the financial markets, and even before the euro's recent appreciation.
[ Full Story ]- Industrial new orders by Eurostat
- Euro zone July industrial orders down 4.0 pct vs June, up 10.9 pct year−on−year (Thomson Financial News)
- DATA SNAP: Euro−Zone Industrial Orders Fell Sharply In July (Dow Jones)
UK PUBLIC SECTOR NET BORROWING
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 24 | 08:30 | Public Sector Net Borrowing | £9.1B | £6.5B | -£6.5B |
UK Public Sector Net Borrowing, higher than expected in August (FXstreet.com)
Government borrowing has been higher than expected in August, posting a non−seasonally adjusted ammount of 9.1 billion pounds in August, instead of the 6.5 billion expected by the analysts, according to data by National Statistics.
[ Full Story ]- Public Sector Net Borrowing by National Statistics
- DATA SNAP: UK Govt Borrowing At Record High For August (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 24 | 23:50 | JP | BoJ Minutes | |||
| Sep 25 | 06:00 | DE | Import Price Index (MoM) (Aug) | 0% | 0.3% | |
| 06:00 | DE | Import Price Index (YoY) (Aug) | 0.2% | 0.4% | ||
| 08:00 | DE | IFO − Business Climate (Sep) | 105.0 | 105.8 | ||
| 08:00 | CH | UBS Consumption Indicator (Aug) | 2.261 | |||
| 14:00 | US | Consumer Confidence (Aug) | 104.5 | 105.0 | ||
| 14:00 | US | Existing Home Sales (Aug) | 5.50M | 5.75M | ||