Tuesday, Oct 16, 16:06 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the Close. Willingness (is that all?)
- FXstreet.com 1st International Traders Conference − Come and meet our renowned Speakers
- NEW Webinars Video - Access now Educational Sessions Recordings
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- Long−term Forex Perspectives: Our new blog by John Jagerson and S. Wade Hansen
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Live Sessions Schedule
What Moves Currencies? − US CPI Preview
Expert: Tony Juste
Start: Wed, Oct 17, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Main Fundamental theme in the Currency market
Expert: Kathy Lien
Start: Wed, Oct 17, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Oct 16, 17:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Oct 17, 10:00 GMT | What Moves Currencies? − US CPI Preview | Tony Juste | WBN | |
| Wed, Oct 17, 11:00 GMT | FX Instructor Live Trading Room | Sunil Mangwani | WBN |  |
| Wed, Oct 17, 13:00 GMT | Main Fundamental theme in the Currency market | Kathy Lien | WBN | |
| Wed, Oct 17, 14:00 GMT | G7 and Currency Market Outlook | Don Wilcox | WBN |  |
Current Session: U.S.
EUR/USD
Daily Technical Strategist − EURUSD: Maintains Its Bullish Tone, Keeps Attention On the 1.4250/81 Zone by FXTechstrategy
EURUSD− Despite an early morning weakness taking EUR to as low as 1.4158 today, the pair remains biased to the upside and still maintains both its short and medium term bullish tone which now leaves a challenge on and clean break of the 1.4250/81 area, which marks its .272 Ext.
- A bit of rollercoaster price action at Tony Juste's blog
- Long−term Forex Perspectives: Our new blog by John Jagerson and S. Wade Hansen
- 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:
Mid−Day Forex Technical Report − Risk Aversion Dominates, Dollar Mixed after Record Capital Outflow by ActionForex.com
Forex Trading Strategies − Bernanke fails to offer further clues on rate trajectory, Situation in Iraq re−introduces the concept of geopolitical risk by Saxo Bank
Daily Trading Strategy − Got the EUR/JPY by MVDForex
Currencies at a Glance
- EUR/USD
- Moves up above first support level 1.4163
10/16/2007 15:47 GMT - GBP/USD
- Trades below first support level 2.0352
10/16/2007 15:47 GMT - USD/CHF
- Trades above pivot level 1.1814
10/16/2007 15:47 GMT - USD/JPY
- Trades around second support level 116.65
10/16/2007 15:47 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 NAHB HOUSING MARKET INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Oct 16 | 17:00 | NAHB Housing Market Index | 19 | 20 |
Ahead of the Bell: Builder Sentiment (Thomson Financial News)
A measure of sentiment about the new home market is forecast to drop for the eighth straight month, falling to a record low as builders slash prices amid weak demand.
[ Full Story ]Top Market Movers Review
US INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 16 | 13:15 | Capacity Utilization | 82.1% | 82.1% | 82.1% |
| Oct 16 | 13:15 | Industrial Production (MoM) | 0.1% | 0.1% | 0.0% |
U.S. Industrial production edges up in September, as expected (FXstreet.com)
Industrial production has increased slightly in September while capacity utilization remained at the same level as the previous month, according to data by the Federal Reserve.
[ Full Story ]- Read the Industrial Production and Capacity Utilization at Federal Reserve
- US Sept industrial production up 0.1 pct, capacity utilisation 82.1 pct (Thomson Financial News)
- Table Of Data On US Capacity Utilization (Dow Jones)
- DATA SNAP: US Sep Indus Production +0.1%; Consensus +0.1% (Dow Jones)
US economic indicators - Manufacturing indices will probably indicate further weakness in October by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 16 | 13:15 | US | Capacity Utilization (Sep) | 82.1% | 82.1% | 82.1% |
| 13:15 | US | Industrial Production (MoM) (Sep) | 0.1% | 0.1% | 0.0% |
|
| 17:00 | US | NAHB Housing Market Index (Oct) | 19 | 20 | ||
| 21:00 | US | ABC Consumer Confidence (Oct 14) | -13 | |||
| 23:50 | JP | Tertiary Industry Index (MoM) (Aug) | 1.0% | -0.5% | ||
| Oct 17 | 00:30 | AU | Westpac Leading Index (MoM) (Aug) | 0.2% | ||
| 05:00 | JP | Leading Economic Index (Aug) | 27.3 | 72.7 | ||