Tuesday, Nov 13, 16:46 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the Close. Wicked game
- Get FXstreet's Economic Calendar for your own site
- Central Banks: BoJ − November 13th Meeting Review by FXstreet.com
- Missed the ITC? Check out the image coverage we made!
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Live Sessions Schedule
Tracking the forex market together / Part I
Expert: Dr.S.Sivaraman
Start: Wed, Nov 14, 10:00 GMT
Type of Session: Webinar
What Moves Currencies? − A Look at the Carry Trade
Expert: Tony Juste
Start: Wed, Nov 14, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Nov 13, 16:00 GMT | Trading with Autochartist | Raghee Horner | WBN |  |
| Tue, Nov 13, 17:00 GMT | Longer−term Support and Resistance Trading: Setups and Rules | Rob Booker | WBN | |
| Tue, Nov 13, 18:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Nov 14, 10:00 GMT | Tracking the forex market together / Part I | Dr.S.Sivaraman | WBN | |
| Wed, Nov 14, 11:00 GMT | What Moves Currencies? − A Look at the Carry Trade | Tony Juste | WBN | |
Current Session: U.S.
USD/CHF
Mid−Day Forex Technical Report − Sterling Boosted by CPI, ZEW Limits Euro's Rebound by ActionForex.com
USD/CHF continues to consolidate above 1.1187. Further decline is still in favor as long as 1.1340 minor resistance holds. Below 1.1187 will encourage fall to test next important medium term support at 1.1100 (95 low). On the upside, above 1.1340 will indicate that a short term bottom is possibly formed and bring recovery to 4 hours 55 EMA (now at 1.1389) and above.
- Extreme OB/OS levels at this hour 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 − 13/10/'07 − Pending Home Sales on Tap. by ForexYard
Daily Forex Forecast − Daily Forex Forecast by FXDream
FX Thoughts for the Day − FX Thoughts for the day − Evening − 13−Nov−2007....1214 GMT by Kshitij Consultancy Service
Currencies at a Glance
- EUR/USD
- Trades above pivot level 1.4577
11/13/2007 16:27 GMT - GBP/USD
- Trades below first resistant level 2.0759
11/13/2007 16:28 GMT - USD/CHF
- Continues to moves down below first support level 1.1236
11/13/2007 16:28 GMT - USD/JPY
- Trades below first resistant level 110.41
11/13/2007 16:28 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 PENDING HOME SALES
| Date (GMT) | Event | Cons. | Previous | |
| Nov 13 | 20:00 | Pending Home Sales (MoM) | -2.5% | -6.5% |
The Week Ahead - The tightening in credit markets continues and the adjustments in the housing sector are not over yet by BBVA Bancomer
The tightening in credit markets continues and the adjustments in the housing sector are not over yet. We forecast a reduction of 3.0 percent in the number of pending home sales during September.
[ Full Story ]- Ahead of the Bell: Pending Home Sales (Thomson Financial News)
Sunrise Market Commentary: Currencies - EUR/USD continues correction lower by KBC Bank
Top Market Movers Review
Germany ZEW SURVEY − CURRENT SITUATION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 13 | 10:00 | ZEW Survey − Economic Sentiment | -30 | -20 | -19 |
| Nov 13 | 10:00 | ZEW Survey − Current Situation | 70.2 | 67.0 | 70.2 |
DATA SNAP: German ZEW Econ Sentiment Lowest Since Feb 93 (Dow Jones)
Sentiment among German analysts and institutional investors notably deteriorated in November on fears of a considerable economic downturn in the U.S., a surging euro and soaring oil prices, a survey from the Center for European Economic Research showed Tuesday.
[ Full Story ]- Readt the ZEW Indicator of Economic Sentiment − Subprime crisis is extending at ZEW
- UPDATE: German ZEW Econ Sentiment Lowest Since Feb 93 (Dow Jones)
- European govt bonds rise as ZEW falls by more than expected (Thomson Financial News)
- German ZEW Nov economic expectations index −32.5 pts vs −18.1 in Oct UPDATE (Thomson Financial News)
Daily Forex Technical Report − Carry Trade Unwinding Calms Down, Focus Turns to UK CPI & German ZEW by ActionForex.com
EMU economic indicators - German ZEW economic sentiment is expected to decline further in October by BHF−Bank
UK CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 13 | 09:30 | Core Consumer Price Index (YoY) | 1.5% | 1.7% | 1.5% |
| Nov 13 | 09:30 | Consumer Price Index (MoM) | 0.5% | 0.3% | 0.1% |
| Nov 13 | 09:30 | Consumer Price Index (YoY) | 2.1% | 1.9% | 1.8% |
DATA SNAP:UK CPI Jumps Back Above BoE Target In Oct;+2.1% YY (Dow Jones)
U.K. consumer price inflation rose above the Bank of England's target for the first time in four months in October, as gains in fuel and food prices and air fares accelerated, data released Tuesday showed.
[ Full Story ]- Read the CPI data at National Statistics
- UK Oct annual CPI inflation 2.1 pct, above BoE target for first time since June (Thomson Financial News)
- UK Consumer price index rose higher than expected in October (FXstreet.com)
- United Kingdom Core Consumer Price Index increases 1.5% in Oct (FXstreet.com)
Daily Forex Technical Report − Carry Trade Unwinding Calms Down, Focus Turns to UK CPI & German ZEW by ActionForex.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 13 | 19:00 | US | Monthly Budget Statement (Oct) | -57.1B | -49.3B | |
| 20:00 | US | Pending Home Sales (MoM) (Sep) | -2.5% | -6.5% | ||
| 21:45 | NZ | Producer Price Index − Input (QoQ) (3Q) | 1.1% | 1.3% | ||
| 21:45 | NZ | Producer Price Index − Output (QoQ) (3Q) | 1.1% | 1.2% | ||
| 22:00 | US | ABC Consumer Confidence (Nov 11) | -15 | |||
| 23:30 | AU | Westpac Consumer Confidence (Nov) | -0.3% | |||
| Nov 14 | 07:00 | DE | Gross Domestic Product n.s.a (YoY) (3Q)  | 2.6% | 2.5% | |