Thursday, Oct 18, 15:56 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the Close. I need help
- 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
- Special Coverage − G7 Meeting by FXstreet.com
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Live Sessions Schedule
What Moves Currencies? − Weekly Wrap−Up
Expert: Tony Juste
Start: Fri, Oct 19, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
G7 and Currency Market Outlook
Expert: Don Wilcox
Start: Fri, Oct 19, 15:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Oct 19, 09:00 GMT | How to Intraday Trade Volatile Markets Using ADX  | Matt Kirk | WBN |  |
| Fri, Oct 19, 10:00 GMT | What Moves Currencies? − Weekly Wrap−Up | Tony Juste | WBN | |
| Fri, Oct 19, 11:00 GMT | Common FX−Hedging Techniques | Adam Rosen | WBN | |
| Fri, Oct 19, 14:00 GMT | Live Trading | Tony Juste | WBN | |
| Fri, Oct 19, 15:00 GMT | G7 and Currency Market Outlook | Don Wilcox | WBN | |
Current Session: U.S.
EUR/USD
Mid−Day Forex Technical Report − Dollar Sold off against Majors on Rate Speculations, EUR/USD at New Record High by ActionForex.com
USD/CHF weakens sharply today. Break of mentioned 1.1769 support confirmed that rebound from 1.1622 has completed. The current fall is tentatively treated as resumption of whole decline from 1.2214 and retest of 1.1622 low is expected to be seen.
- Read our advisor's latest comments on major crosses 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
Currency Majors Technical Analysis by Mataf.net
Daily Trading Strategy − Easy shot? by MVDForex
Currencies at a Glance
- EUR/USD
- Trades above second resistant level 1.4271 . Fast and slow MA are still rising
10/18/2007 15:43 GMT - GBP/USD
- Moves down back above first resistant level 2.0452
10/18/2007 15:44 GMT - USD/CHF
- Trades below third support level 1.1719
10/18/2007 15:44 GMT - USD/JPY
- Trades around second support level 115.66
10/18/2007 15:45 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 PHILADELPHIA FED MANUFACTURING SURVEY
| Date (GMT) | Event | Cons. | Previous | |
| Oct 18 | 16:00 | Philadelphia Fed Manufacturing Survey | 7.0 | 10.9 |
Slow growth expected in Philly Fed index (Thomson Financial News)
The Philadelphia Federal Reserve's October manufacturing index, due out Thursday, is expected to show a slowdown in growth for the regional economy. The Philly Fed's manufacturing index is forecast to drop to 7.5 in October from 10.9 in September.
[ Full Story ]- Forex − Dollar stays on back foot ahead of Philadelphia Fed survey; G7 meet eyed (Thomson Financial News)
Top Market Movers Review
US LEADING INDICATORS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 18 | 14:00 | Leading Indicators (MoM) | 0.3% | 0.3% | -0.8% |
US economic indicators - Manufacturing indices will probably indicate further weakness in October by BHF−Bank
After having fallen by 0.6% mom in August, the leading economic indicator is expected to have increased again in September, by 0.4% mom. Initial jobless claims, the stock market performance, real money supply and ISM supplier deliveries are all expected to have made significant positive contributions.
[ Full Story ]- US Conference Board: September Leading Index +0.3% (Dow Jones)
- U.S. Leading Indicator Index edges up 0.3% in September (FXstreet.com)
- US Leading Indicators rise 0.3% in Sep from −0.6% (FXstreet.com)
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 18 | 12:30 | US | Initial Jobless Claims (Oct 13) | 337K | 312K | 309 |
| 14:00 | US | Leading Indicators (MoM) (Sep) | 0.3% | 0.3% | -0.8% |
|
| 16:00 | US | Philadelphia Fed Manufacturing Survey (Oct) | 7.0 | 10.9 | ||
| 23:50 | JP | All Industry Activity Index (MoM) | 1.1% | -0.4% | ||
| Oct 19 | 01:30 | AU | Export Price Index (QoQ) (3Q) | -0.5% | 0.3% | |
| 01:30 | AU | Import Price Index (QoQ) (1Q) | -1.0% | 0.1% | ||
| 06:00 | DE | Producer Price Index (MoM) (Sep) | 0.4% | 0.1% | ||