Thursday, Sep 27, 16:37 GMT
ASIA-PACIFIC Trading Newsletter
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The Brokers (re) Evolution: NFA Regulation
Sep 27, 15:14 GMTThe CEOs' Reply: FXDD, GFT and FXCM answer to the Second Open Letter sent by FXstreet.com's CEO Francesc Riverola
The new NFA standards will not only affect the brokers but the whole industry and could even produce a big shake out in the retail FX industry.
Live Sessions Schedule
What Moves Currencies? − Weekly Wrap−Up
Expert: Tony Juste
Start: Fri, Sep 28, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Oct 1, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Sep 27, 18:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Fri, Sep 28, 10:00 GMT | What Moves Currencies? − Weekly Wrap−Up | Tony Juste | WBN | |
| Fri, Sep 28, 11:00 GMT | The Contest Webinar | Raghee Horner | WBN |  |
| Fri, Sep 28, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
| Fri, Sep 28, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
GBP/USD
Mid−Day Forex Technical Report − Dollar Extends Weakness on Disappointing Economic Data by ActionForex.com
Cable strengthens further to 2.0284 today and is now pressing falling trend line resistance (now at 2.0278). Intraday momentum is on the upside. As discussed before, break of 2.0365 high will revive the case that price actions from 2.0652 is probably developing into sideway consolidation only.
- Read the latest Technical Comments on Majors by Tony Juste
- 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:
FX Thoughts for the Day − FX Thoughts for the day − Evening − 27−Sep−2007....1156 GMT by Kshitij Consultancy Service
Daily Trading Strategy − Carry is a short – run winner by MVDForex
Daily Forex Forecast by FXDream
Currencies at a Glance
- EUR/USD
- Trades below first resistant level 1.4156
09/27/2007 16:03 GMT - GBP/USD
- Stays above first resistant level 2.0216
09/27/2007 16:03 GMT - USD/CHF
- Trades around first resistant level 1.1732
09/27/2007 16:04 GMT - USD/JPY
- Continues to move up toward first resistant level 116.01
09/27/2007 16:04 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
Japan NATIONAL CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Sep 27 | 23:30 | Tokyo Consumer Price Index (YoY) | -0.1% | -0.2% |
| Sep 27 | 23:30 | National Consumer Price Index (YoY) | -0.2% | -0.1% |
| Sep 27 | 23:30 | Tokyo CPI ex Fresh Food (YoY) | 0% | 0% |
| Sep 27 | 23:30 | National CPI Ex−Fresh Food (YoY) | -0.1% | -0.1% |
Daily Outlook - USD/JPY by Karoll
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "With some BoJ officials putting pressure to hike interest rates and continue to improve the outlook of the Japanese economy, the CPI figures come out as a key element in supporting a hawkish view or not. With Tankan survey just around the corner, dealers await the CPI as a measure to better understand what the BoJ might do next. A high reading will almost surely be bullish for the Yen." − FXstreet.com
Top Market Movers Review
Germany CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 27 | 16:00 | Consumer Price Index (MoM) | 0.2% | 0% | -0.1% |
German Sept preliminary CPI up 0.2 pct vs Aug, up 2.5 pct yr−on−yr (Thomson Financial News)
Consumer prices in Germany rose 0.2 pct in September from August and were up 2.5 pct from a year earlier, according to preliminary data from the Federal Statistics Office.
[ Full Story ]- Read the Official Data
- Germany Consumer Price Index (MoM) rises to 0.2% from −0.1% in Aug (FXstreet.com)
- DATA SNAP: German Prelim Sep CPI +0.2% On Month, +2.5% On Yr (Dow Jones)
- Bavaria Sept CPI up 0.1 pct vs Aug; up 2.5 pct yr−on−yr (Thomson Financial News)
US NEW HOME SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 27 | 14:00 | New Home Sales (MoM) | -8.3% | -4.6% | 3.8% |
| Sep 27 | 14:00 | New Home Sales | 795K | 830K | 867K |
DATA SNAP: US Aug Home Sales Pace Below Expectations (Dow Jones)
New−home sales resumed falling in August, sinking to the lowest level in seven years, and prices tumbled, signaling the housing sector will remain a drag on the U.S. economy.
[ Full Story ]- Read the New home sales data at Commerce Department
- Forex − Dollar recovers despite weak new home sales (Thomson Financial News)
- US August new home sales down 8.3 pct to 795,000 units, lowest level in 7 years (Thomson Financial News)
- U.S. Aug New Home Sales declines to −8.3% TO 795,000 annual pace (FXstreet.com)
Daily Market Report - New Home Sales will be released at 7 year lows by Wachovia
Daily Forex Outlook - All eyes on US New Home Sales by Easy Forex
US GROSS DOMESTIC PRODUCT ANNUALIZED
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 27 | 12:30 | Gross Domestic Product Price Index | 3.8% | 3.8% | 1.4% |
| Sep 27 | 12:30 | Gross Domestic Product Annualized | 3.8% | 3.9% | 4.0% |
DATA SNAP: US 2Q GDP Revision In Line With Expectations (Dow Jones)
The U.S. economy was a little softer last spring than earlier estimated, the government says in a report Thursday that gives a slightly less rosy picture of the nation's overseas trade activity.
[ Full Story ]- Read the Gross Domestic Product and Corporate Profits at Commerce Department
- US Q2 GDP revised lower to 3.8 pct rise, as key inflation index revised higher (Thomson Financial News)
- U.S. GDP revised to 3.8% in the second quarter (FXstreet.com)
- US 2Q Gross Domestic Product Annualized revised to 3.8% from 4% (FXstreet.com)
Daily Market Briefing - US Dollar is Struggling to Recover, Watch Out for GDP and New Home Sales by FXCM
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 27 | 14:00 | US | New Home Sales (Aug) | 795K | 830K | 867K |
| 16:00 | DE | Consumer Price Index (MoM) | 0.2% | 0% | -0.1% | |
| 22:45 | NZ | Gross Domestic Product (QoQ) (2Q) | 0.5% | 1.0% | ||
| 23:30 | JP | National Consumer Price Index (YoY) (Aug) | -0.2% | -0.1% | ||
| 23:30 | JP | National CPI Ex−Fresh Food (YoY) (Aug) | -0.1% | -0.1% | ||
| 23:30 | JP | Overall Household Spending (YoY) (Aug) | 1.2% | -0.1% | ||
| 23:30 | JP | Tokyo Consumer Price Index (YoY) (Sep) | -0.1% | -0.2% | ||