Thursday, Oct 04, 16:14 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the Close. Re...reversal?
- SPECIAL EVENT: Trade Non−Farm Payrolls LIVE with Wayne McDonell
- NEW Webinars Video - Access now Educational Sessions Recordings
- 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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1st FXStreet.com International Conference – Oct. 25−27th
Oct 3, 15:51 GMTThe FXstreet.com 1st International Traders Conference (ITC) offers a unique environment to meet renowned experts within the Forex industry in the gorgeous city of Barcelona by FXstreet.com
One of the key aspects of the event will be the opportunity to TRADE LIVE side−by−side with experts! The ITC is a based on a very interactive model and will offer attendees the unique opportunity of a direct contact with the speakers.
Live Sessions Schedule
SPECIAL EVENT: Trade Non−Farm Payrolls LIVE − 17th Edition
Expert: Wayne McDonell
Start: Fri, Oct 5, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Oct 8, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Oct 4, 18:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Fri, Oct 5, 12:00 GMT | SPECIAL EVENT: Trade Non−Farm Payrolls LIVE − 17th Edition | Wayne McDonell | WBN | |
| Mon, Oct 8, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Oct 8, 13:00 GMT | FX Instructor Live Trading Room | Nader Moustafa | WBN |  |
| Tue, Oct 9, 14:00 GMT | Technical Analysis Bootcamp: The indicators you need to know and how to interpret them | Dan Blystone | WBN |  |
GBP/USD
Mid−Day Forex Technical Report − ECB & BoE on Hold, Euro Mildly Lower after Trichet's Comments by ActionForex.com
Sterling rebounds after drawing support form 4 hours 55 EMA (now at 2.0301). But still, another dip could still be seen with 2.0442 resistance remains intact. Though, as discussed before, rise from 1.9879 should still be in force as long as pull back is contained above 2.0195 support.
- GBP/USD hits extreme OB level 2.0430 at Tony Juste'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:
Technical Summary for Majors − Technical Summary for Majors by Windsor Brokers Ltd
Daily Analysis − The dollar strengths ahead of the data today by Finotec Group Inc.
Daily Forex Forecast − Daily Forex Forecast by FXDream
Currencies at a Glance
- EUR/USD
- Moves up above pivot level 1.4124
10/04/2007 15:55 GMT - GBP/USD
- Continues to move up above first resistant level 2.0405
10/04/2007 15:56 GMT - USD/CHF
- Moves down below first support level 1.1741
10/04/2007 15:56 GMT - USD/JPY
- Stays above pivot level 116.36 with narrow daily range
10/04/2007 15:56 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
GBP USD, Hourly
USD JPY, Hourly
Top Market Movers Preview
US NONFARM PAYROLLS
| Date (GMT) | Event | Cons. | Previous | |
| Oct 5 | 12:30 | Nonfarm Payrolls | 100K | -4K |
Friday Notes - Ailing USD hurts sentiment by HVB Group
Hiring is down, but layoffs are steady. So a modest increase in non−farm payrolls is likely, if only because the two−month slide in government positions is highly likely to turn around. The insured unemployment rate was easing during the September survey week, so a steady overall rate is probable. Average hourly earnings should have been up another 0.3%, leaving the year−over−year increase a little below 4%.
[ Full Story ]- SPECIAL WEBINAR: Trade Non Farm Payrolls LIVE with Wayne McDonell
- FOCUS September payrolls could change Fed view of economy, market view of Fed (Thomson Financial News)
Top Market Movers Review
US FACTORY ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 4 | 14:00 | Factory Orders | -3.3% | -2.4% | 3.7% |
U.S. Factory orders decrease larger than expected in August (FXstreet.com)
U.S. Factory orders have posted a deeper than expected decrease in August, following a sharp monthly increase on the previous month, according to data by the Commerce Department.
[ Full Story ]- Manufacturers' Shipments, Inventories, and Orders at the US Department of Commerce
- Factory orders fall in August (Thomson Financial News)
- US August factory orders down 3.3 pct, ex−transportation down 1.7 pct (Thomson Financial News)
- DATA SNAP: US Aug Factory Orders Fall More Than Expected (Dow Jones)
EMU ECB'S TRICHET SPEAKS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 4 | 12:30 | ECB's Trichet Speaks | - | - | - |
ECB Trichet Says Upward Risks To Price Stability Prevail (Dow Jones)
European Central Bank President Jean−Claude Trichet said Thursday that upward risks to price stability remain over the medium term, while money and credit growth remain vigorous.
[ Full Story ]- Read the Jean−Claude Trichet: Introductory statement at ECB
- Trichet says US commitment to strong dollar is meaningful; volatility unwelcome (Thomson Financial News)
- 2nd UPDATE: ECB Trichet: Upward Risks To CPI Prevail (Dow Jones)
- Trichet says ECB to act firmly, drops 'accommodative' phrase UPDATE (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 4 | 14:00 | US | Factory Orders (Aug) | -3.3% | -2.4% | 3.7% |
| 14:00 | CA | Ivey Purchasing Managers Index (Sep) | 56.0 | 60.0 | 58.5 | |
| Oct 5 | 05:00 | JP | Leading Economic Index (Aug)  | 30.0 | 72.7 | |
| 11:00 | CA | Net Change in Employment (Sep) | 15.0 | 23.3K | ||
| 11:00 | CA | Unemployment Rate (Sep) | 6.1% | 6.0% | ||
| 12:30 | US | Average Hourly Earnings (MoM) (Sep) | 0.3% | 0.3% | ||
| 12:30 | US | Average Hourly Earnings (YoY) (Sep) | 3.9% | |||