Monday, Oct 22, 16:04 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the Close. Smash!
- 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
Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.
Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Oct 23, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
What Moves Currencies? − EUR crosses watch
Expert: Tony Juste
Start: Tue, Oct 23, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Oct 23, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Oct 23, 10:00 GMT | What Moves Currencies? − EUR crosses watch | Tony Juste | WBN | |
| Tue, Oct 23, 11:00 GMT | FX Instructor Live Trading Room | Mihai Marinescu | WBN |  |
| Tue, Oct 23, 12:00 GMT | Simple and Basic System for a Quick Start in Forex | Valeria Bednarik | WBN |  |
| Tue, Oct 23, 15:00 GMT | Trading with Autochartist | Raghee Horner | WBN | |
Current Session: U.S.
EUR/USD
Daily Forex Forecast − EUR/USD hots all−time high to drop sharply afterwards by FXDream
EUR/USD has reached new record high at 1.4348 in Asia as it was suggested , dropping sharply down below 1.4150 earlier today following EUR/JPY sell−offs. No important fundamental news today. The bias is bearish in short term with next target in the 1.4100−4090 Support area.
- EUR/USD and GBP/USD triggers take place at extremes 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 − All Dragged Down by Massive Yen Strength by ActionForex.com
Currency Majors Technical Analysis by Mataf.net
Daily Technical Strategist − EURUSD: Upside Favoured While The 1.4250/81 Zone Continues To Hold by FXTechstrategy
Currencies at a Glance
- EUR/USD
- Trades around last week low 1.4144 , below third support level 1.4182
10/22/2007 15:47 GMT - GBP/USD
- Moves down below last week low 2.0287 , below third support level 2.0326
10/22/2007 15:47 GMT - USD/CHF
- Trades around second resistant level 1.1762
10/22/2007 15:47 GMT - USD/JPY
- Continues to trade around first resistant level 114.09 . Mixed direction on fast and slow MA
10/22/2007 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
France CONSUMER SPENDING
| Date (GMT) | Event | Cons. | Previous | |
| Oct 23 | 06:45 | Consumer Spending (MoM) | -0.5% | 1.0% |
Friday Notes - Strong Q3 GDP Growth – A False Dawn by HVB Group
Following a sizeable pick up in the middle of the summer, we expect a correction in September household outlays. The correction should be widespread across components, and particularly within the durable goods sector, which had reported strong gains previously.
[ Full Story ]Top Market Movers Review
Australia PRODUCER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 22 | 01:30 | Producer Price Index (QoQ) | 1.1% | 0.9% | 1.0% |
Australian 3Q Final PPI Rises 1.1% Vs 2Q; 2.4% On Year (Dow Jones)
An index of final Australian producer prices rose 1.1% in the third quarter of 2007 from the second quarter and rose 2.4% from a year earlier, the Australian Bureau of Statistics said Monday.
[ Full Story ]- Read the Producer Price Index report at Australian Bureau of Statistics
- Australia's Q3 producer price index up 1.1 pct from Q2 vs consensus 1.0 pct rise (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 22 | 18:45 | EMU | ECB's Trichet Speaks | |||
| Oct 23 | 06:45 | FR | Consumer Spending (MoM) (Sep) | -0.5% | 1.0% | |
| 09:00 | EMU | Industrial New Orders (YoY) (Aug) | 6.0% | 10.9% | ||
| 09:00 | EMU | Industrial New Orders s.a. (MoM) (Aug) | 0.9% | -4.0% | ||
| 12:30 | CA | Retail Sales (MoM) (Aug) | 0.5% | -0.8% | ||
| 12:30 | CA | Retail Sales ex Autos (MoM) (Aug) | 0.3% | -0.3% | ||
| 14:00 | US | Richmond Fed Manufacturing Index (Oct 21) | 8 | 14 | ||