Tuesday, Nov 06, 17:17 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the Close. The speculation goes on
- Get FXstreet's Economic Calendar for your own site
- NFA New Regulation − US FDM's under major threat?
- For beginners: An Introduction to Foreign Currencies in the Education section
- Missed the ITC? Check out the image coverage we made!
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Live Sessions Schedule
Asia−Pacific trading Webinar
Expert: Abdul Khan
Start: Wed, Nov 7, 10:00 GMT
Type of Session: Webinar
What Moves Currencies? − Carry Trade Watch
Expert: Tony Juste
Start: Wed, Nov 7, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Nov 6, 17:00 GMT | Becoming a Professional Trader (Part 5): Success with Trading Systems − Tips and Tricks | Markus Heitkoetter | WBN |  |
| Tue, Nov 6, 18:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Nov 7, 10:00 GMT | Asia−Pacific trading Webinar | Abdul Khan | WBN |  |
| Wed, Nov 7, 11:00 GMT | What Moves Currencies? − Carry Trade Watch | Tony Juste | WBN | |
| Wed, Nov 7, 12:00 GMT | FX Instructor Live Trading Room | Mihai Marinescu | WBN |  |
Current Session: U.S.
USD/CHF
Mid−Day Forex Technical Report − Dollar Made Record Low again, Swissy Rises on Safe Haven Flow by ActionForex.com
USD/CHF's fall extends further to as low as 1.1435 today. At this point, intraday bias remains on the down side as long as 1.1509 minor resistance holds. Next downside target is 1.1288 (04 low). Above 1.1509 will turn intraday outlook consolidative first. But recovery should be limited below 1.1638 resistance and bring another fall.
- Technical Trigger: USD/CHF 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:
Forex Daily Analysis − 06/11/'07 − USD weakness continues on all fronts by ForexYard
Daily Forex Forecast − Daily Forex Forecast by FXDream
Forex Technical Report − Forex Technical Report USD/JPY by iFOREX.bg
Currencies at a Glance
- EUR/USD
- Trades around second resistant level 1.4558
11/06/2007 16:33 GMT - GBP/USD
- Back around first resistant level 2.0873
11/06/2007 16:34 GMT - USD/CHF
- Continues to trade below third support level 1.1464
11/06/2007 16:34 GMT - USD/JPY
- Moves down below pivot level 114.46
11/06/2007 16:35 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 ABC CONSUMER CONFIDENCE
| Date (GMT) | Event | Cons. | Previous | |
| Nov 6 | 22:00 | ABC Consumer Confidence | - | -15 |
Weekly Forex Market Commentary - The US economic calendar will begin on Tuesday with the release of the consumer confidence report for October by Global Forex Trading
The US economic calendar will begin on Tuesday with the release of the consumer confidence report for October. Wednesday will see the release of the Chicago PMI report for October, the revision of the GDP for the second quarter, and of the construction spending report for September.
[ Full Story ]Top Market Movers Review
Canada IVEY PURCHASING MANAGERS INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 6 | 15:00 | Ivey Purchasing Managers Index | 57.1 | 54.9 | 56.0 |
Canada's October Ivey PMI rises to 57.1 from 56.0 in September (FXstreet.com)
Canadian Ivey PMI has increased to a reading of 57.1 in October from 56.0 in September, although the year on year index has decreased from 59.5 in October 2006 and 64.8 in October 2005, according to the monthly report by the Ivey School of Business.
[ Full Story ]- Read the Ivey Purchasing Managers Index at Richard Ivey School of Business
- Canada Oct Ivey Purchasing Managers Index up to 57.1 from 56 in Sept (FXstreet.com)
- Canada Morning: C$ Up, But Off Highs, As USD Weakens Broadly (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 6 | 13:30 | CA | Building Permits (MoM) (Sep) | -1.7% | 1.5% | 1.4% |
| 15:00 | CA | Ivey Purchasing Managers Index (Oct) | 57.1 | 54.9 | 56.0 | |
| 17:30 | US | Bernanke speaks at Microfinance Conference | ||||
| 22:00 | US | ABC Consumer Confidence (Nov 4) | -15 | |||
| 22:30 | AU | RBA Interest Rate Decision | 6.75% | 6.50% | ||
| 23:50 | JP | Official Reserve Assets (Oct) | 945.6B | |||
| Nov 7 | 00:00 | UK | Nationwide Consumer Confidence (Oct) | 99 | ||