Wednesday, Oct 17, 16:04 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the Close. More clouds over the USD
- FXstreet.com 1st International Traders Conference − Come and meet our renowned Speakers
- NEW Webinars Video - Access now Educational Sessions Recordings
- Forex Chat Room: Share your trading ideas and comments with fellow traders
- Long−term Forex Perspectives: Our new blog by John Jagerson and S. Wade Hansen
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Live Sessions Schedule
Live Look at Today's Markets
Expert: Derek Frey
Start: Wed, Oct 17, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
MONTHLY WEBINAR: Introducing Forex Options
Expert: John Jagerson
Start: Thu, Oct 18, 12:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Oct 17, 16:00 GMT | Non−Directional Trading, the New Frontier | Reggie Henkart | SHW | |
| Wed, Oct 17, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Thu, Oct 18, 12:00 GMT | MONTHLY WEBINAR: Introducing Forex Options | John Jagerson | WBN |  |
| Thu, Oct 18, 14:00 GMT | MONTHLY WEBINAR: Exotic Forex Options  | S. Wade Hansen | WBN | |
| Fri, Oct 19, 09:00 GMT | How to Intraday Trade Volatile Markets Using ADX | Matt Kirk | WBN | |
Current Session: U.S.
USD/CHF
Mid−Day Forex Technical Report − Dollar Lower after Housing Deteriorates Further, But still in Range by ActionForex.com
USD/CHF continues to stay in established range above 1.1769 support. Further rise could still be seen as long as 1.1769 support holds. But at this point, we'd still expect upside to be limited by 1.1922 cluster resistance (50% retracement of 1.2214 to 1.1622 at 1.1918) and bring another fall.
- USD expected lower from here as signals start to come 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:
Daily Forex Forecast by FXDream
FX Thoughts for the Day − FX Thoughts for the day − Evening − 17−Oct−2007....1131 GMT by Kshitij Consultancy Service
Daily Trading Strategy − Let's do some numbers by MVDForex
Currencies at a Glance
- EUR/USD
- Stays around first resistant level 1.4217
10/17/2007 15:43 GMT - GBP/USD
- Trades below first resistant level 2.0412
10/17/2007 15:44 GMT - USD/CHF
- Continues to move up around pivot level 1.1819
10/17/2007 15:45 GMT - USD/JPY
- Trades above first support level 116.41
10/17/2007 15:46 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
UK RETAIL SALES
| Date (GMT) | Event | Cons. | Previous | |
| Oct 18 | 08:30 | Retail Sales (MoM) | 0.1% | 0.6% |
Friday Notes - Banks tightening lending standards by HVB Group
After two consecutive months of strong growth, we expect retail sales to remain broadly flat in September compared to the previous month. This is in line with both the indications coming from the BRC retail sales and CBI distributive trade survey.
[ Full Story ]Top Market Movers Review
US CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 17 | 12:30 | Consumer Price Index (MoM) | 0.3% | 0.2% | -0.1% |
| Oct 17 | 12:30 | Consumer Price Index Ex Food & Energy (YoY) | 2.1% | 2.1% | 2.1% |
| Oct 17 | 12:30 | Consumer Price Index (YoY) | 2.8% | 2.8% | 2.0% |
| Oct 17 | 12:30 | Consumer Price Index Ex Food & Energy (MoM) | 0.2% | 0.2% | 0.2% |
DATA SNAP: US Sep CPI Up Modestly, Meeting Fed's Forecast (Dow Jones)
U.S. consumer prices rose modestly last month, conforming to Federal Reserve expectations and suggesting that while some inflation risks linger, they probably wouldn't stand in the way of any interest−rate reductions needed to keep economic growth on track.
[ Full Story ]- Read the Consumer Price Index data at Labor Bureau
- UPDATE: Dollar Extends Losses Vs Euro On US Housing Data (Dow Jones)
- Dollar Extends Losses Vs Euro After US Data (Dow Jones)
- US September CPI up 0.3 pct, core CPI up 0.2 pct (Thomson Financial News)
FX Daily Commentary - CPI Data Crucial for Dollars Direction. . . by FXGreece
Daily Forex Outlook - Crude oil reaches record high with focus shifting to US CPI by Easy Forex
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 17 | 12:30 | CA | Wholesale Sales (MoM) (Aug) | -2.0% | 0.1% | 1.8% |
| 14:30 | US | EIA Crude Oil Stocks | 1.8M | -1.7M | ||
| 18:00 | US | Fed's Beige Book | ||||
| Oct 18 | 06:15 | CH | Trade Balance (Sep) | 1.800B | 0.637B | |
| 08:30 | UK | M4 Money Supply (MoM) (Sep) | 0.9% | 1.2% | ||
| 08:30 | UK | M4 Money Supply (YoY) (Sep) | 12.5% | 13.5% | ||
| 08:30 | UK | Public Sector Net Borrowing (Sep) | £6.1B | £9.1B | ||