Thursday, Oct 25, 15:24 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- 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
- Get FXstreet's Economic Calendar for your own site
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1st FXStreet.com International Conference − Oct. 25−27th
Oct 25, 11:15 GMTD−day: The ITC starts today! by FXstreet.com
Check out our Live coverage from the ITC!
Review the pictures of the event, such as Rob Booker and Wayne McDonell in the middle of a conference, the attendees relaxing in the coffee break or some of the FXstreet.com's staff stressed out.
- ITC Homepage
- Discuss your trading plann with Rob Booker live from the ITC at the Forum
Live Sessions Schedule
What Moves Currencies? − Preview of the Week Ahead
Expert: Tony Juste
Start: Mon, Oct 29, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Oct 29, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Oct 25, 15:00 GMT | How to Get Started Trading Forex | Steve Primo | WBN |  |
| Thu, Oct 25, 16:00 GMT | Trading with Tom Flora  | Tom Flora | WBN | |
| Mon, Oct 29, 10:00 GMT | What Moves Currencies? − Preview of the Week Ahead | Tony Juste | WBN | |
| Mon, Oct 29, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Oct 29, 13:00 GMT | FX Instructor Live Trading Room | Nader Moustafa | WBN |  |
Current Session: U.S.
USD/CHF
Mid−Day Forex Technical Report − Dollar Weakens again after Disappointing Data by ActionForex.com
USD/CHF's break of 1.1700 support indicates that rebound from 1.1597 has completed at 1.1784. At this point, intraday bias remains on the downside as long as this 1.1700 support turned resistance holds and retest of 1.1597 low should be seen. Break will confirm recent fall has resumed for next downside target of 100% projection of 1.2467 to 1.1816 from 1.2214 at 1.1590 first. Above 1.1700 will turn short term outlook neutral again.
- Read the latest technical comments on majors' 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:
Market Session Recaps − London Session by FOREX.com
FX Thoughts for the Day − FX Thoughts for the day − Evening − 25−Oct−2007....1136 GMT by Kshitij Consultancy Service
Daily Forex Forecast − Daily Forex Forecast by FXDream
Currencies at a Glance
- EUR/USD
- Moves down back below second resistant level 1.4321
10/25/2007 14:35 GMT - GBP/USD
- Moves down back around pivot level 2.0480
10/25/2007 14:35 GMT - USD/CHF
- Moves up back around second support level 1.1667
10/25/2007 14:35 GMT - USD/JPY
- Moves up back around pivot level 114.34
10/25/2007 14:36 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
Japan NATIONAL CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Oct 25 | 23:30 | Tokyo Consumer Price Index (YoY) | 0.0% | -0.2% |
| Oct 25 | 23:30 | Tokyo CPI ex Fresh Food (YoY) | 0.0% | -0.1% |
| Oct 25 | 23:30 | National Consumer Price Index (YoY) | -0.1% | -0.2% |
| Oct 25 | 23:30 | National CPI Ex−Fresh Food (YoY) | -0.1% | -0.1% |
Daily Forex Outlook - US Housing Sector continues to slump. Markets await Japanese CPI data. by Easy Forex
Overall the USDJPY traded with a low of 113.81 and a high of 114.96 before closing the day at 114.12 in the New York session. Focus now shifts to Friday CPI release.
[ Full Story ]Top Market Movers Review
US NEW HOME SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 25 | 14:00 | New Home Sales | 770K | 775K | 795K |
| Oct 25 | 14:00 | New Home Sales (MoM) | 4.8% | -2.5% | -8.3% |
U.S. New home sales increase in September but the market weakness persists (FXstreet.com)
New home sales have increased in September from a downward revised decrease in August, nevertheless, weak figures on a sector which does not enjoy the economic growth U.S. has registered in the past six quarters. According to the Commerce Department, sales of new homes have increased 4.8% in September to a seasonally adjusted annual rate of 770,000 houses sold.
[ Full Story ]- New Home Sales − U.S. Census Bureau
- US September new home sales up 4.8 pct to 770,000 unit annual rate (Thomson Financial News)
- Table Of Data On New Home Sales From Commerce (Dow Jones)
- US New Home Sales increase 4.8% to 770K in Sep from revised 735K in Aug (FXstreet.com)
Daily Forex Commentary - Home Sales Still in Focus by Jyske Bank
US DURABLE GOODS ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 25 | 12:30 | Durable Goods Orders | -1.7% | 1.5% | -5.3% |
| Oct 25 | 12:30 | Durable Goods Orders ex Transportation | 0.3% | 0.7% | -1.8% |
DATA SNAP: US Sep Durable Goods Orders Unexpectedly Weak (Dow Jones)
Demand for big−ticket capital goods in the U.S. unexpectedly fell in September, pulled lower by orders for military suppliers. However, a closely watched indicator of overall business capital spending rose.
[ Full Story ]- Read the Advance Report on Durable Goods Manufacturers' Shipments at Commerce Department
- Forex − Dollar slumps after weak US jobless, durable goods orders data UPDATE (Thomson Financial News)
- US September durables orders down 1.7 pct, ex−transportation up 0.3 pct UPDATE (Thomson Financial News)
- Forex − Dollar slumps after weak US jobless, durable goods orders data (Thomson Financial News)
The Week Ahead - Under a scenario of higher than expected corporate earnings we expect durable goods orders to re−bounce during September by BBVA Bancomer
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 25 | 14:00 | US | New Home Sales (Sep) | 770K | 775K | 795K |
| 14:00 | US | New Home Sales (MoM) (Sep) | 4.8% | -2.5% | -8.3% | |
| 23:30 | JP | National Consumer Price Index (YoY) (Sep) | -0.1% | -0.2% | ||
| 23:30 | JP | National CPI Ex−Fresh Food (YoY) (Sep) | -0.1% | -0.1% | ||
| 23:30 | JP | Tokyo Consumer Price Index (YoY) (Oct) | 0.0% | -0.2% | ||
| 23:30 | JP | Tokyo CPI ex Fresh Food (YoY) (Oct) | 0.0% | -0.1% | ||
| 23:50 | JP | Industrial Production (MoM) (Sep)  | -1.3% | 3.5% | ||