Tuesday, Nov 20, 16:20 GMT
ASIA-PACIFIC Trading Newsletter
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Live Sessions Schedule
What Moves Currencies?
Expert: Tony Juste
Start: Wed, Nov 21, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Main Fundamental theme in the Currency market
Expert: Kathy Lien
Start: Wed, Nov 21, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Nov 20, 16:00 GMT | Trading with Autochartist | Raghee Horner | WBN |  |
| Tue, Nov 20, 18:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Nov 21, 10:00 GMT | Tracking the forex market together / Part I | Dr.S.Sivaraman | WBN | |
| Wed, Nov 21, 11:00 GMT | What Moves Currencies? | Tony Juste | WBN | |
| Wed, Nov 21, 12:00 GMT | FX Instructor Live Trading Room | Sunil Mangwani | WBN |  |
Current Session: U.S.
USD/CHF
Mid−Day Forex Technical Report − Dollar Made Record Low against Euro & Swiss, FOMC Minutes Eyed by ActionForex.com
USD/CHF's fall from 1.1891 resumes today and takes out mentioned key medium term support of 1.1100 (95 low). At this point, further decline is expected as long as 1.1175 resistance holds. Next short term target is 61.8% projection of 1.1784 to 1.1187 from 1.1298 at 1.0929.
- 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:
Market Session Recaps − London Session by FOREX.com
Currency Majors Technical Analysis by Mataf.net
Daily Forex Forecast − EUR/USD has risen further to new record high at 1.4800 by FXDream
Currencies at a Glance
- EUR/USD
- Trades around 1.4800 , above third resistant level 1.4759
11/20/2007 16:18 GMT - GBP/USD
- Trades above second resistant level 2.0620
11/20/2007 16:18 GMT - USD/CHF
- Moves up back toward second support level 1.1116
11/20/2007 16:19 GMT - USD/JPY
- Trades around pivot level 110.20
11/20/2007 16:19 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, Aspen Trading Group, 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
EUR USD, Hourly
Top Market Movers Preview
US FOMC MINUTES
| Date (GMT) | Event | Cons. | Previous | |
| Nov 20 | 19:00 | FOMC Minutes | - | - |
Weekly Forex Outlook - Focus on BoE and FOMC minutes by Easy Forex
In the States; in what is a quiet data week for the U.S. much of the markets focus will be placed on the FOMC minutes of the October 31 meeting set to be made public on Tuesday, which will also be accompanied by Housing Starts for the month of October.
[ Full Story ]- Forex − Dollar continues to flounder after poor housing data; FOMC in view (Thomson Financial News)
- Interest rate cut in December no longer a certainty (Thomson Financial News)
Daily Analysis - Dollar is weak, FOMC minutes on Focus by Finotec Group Inc.
Daily Forex Outlook - Stock prices fall ask credit woes continue. FOMC minutes set for release by Easy Forex
Top Market Movers Review
US HOUSING STARTS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 20 | 13:30 | Building Permits (MoM) | 1.178 | 1.200M | 1.261M |
| Nov 20 | 13:30 | Housing Starts (YoY) | 1.229M | 1.170M | 1.193M |
DATA SNAP: US Oct Home Starts Up First Time In 4 Months (Dow Jones)
Home construction unexpectedly climbed in October, rising for the first time in four months, but a sign of future groundbreakings fell to the lowest level in 14 years, indicating the housing slump will continue.
[ Full Story ]- Read the Housing Starts and Building permits data at Commerce Department
- US October housing starts up 3.0 pct to 1.229 mln unit annual rate (Thomson Financial News)
- US Housing Starts increase 3.0% in October, against expectations (FXstreet.com)
- US Oct Building Permits decline 6.6% to 1.178 M annual rate (FXstreet.com)
Daily Global Commentary - Housing Market Index Continues to Paint a Gloomy Picture by Northern Trust
US economic indicators - Housing starts and building permits are likely to have declined further in October by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 20 | 13:30 | US | Building Permits (MoM) (Oct) | 1.178 | 1.200M | 1.261M |
| 13:30 | US | Housing Starts (YoY) (Oct) | 1.229M | 1.170M | 1.193M |
|
| 19:00 | US | FOMC Minutes (Oct 31) | ||||
| 22:00 | US | ABC Consumer Confidence (Nov 18) | -17 | |||
| 23:00 | AU | Conference Board Australia Leading Index | 0.7% | |||
| 23:30 | AU | Westpac Leading Index (MoM) (Sep) | 0.6% | |||
| 23:50 | JP | Adjusted Merchandise Trade Balance (Oct) | ¥1079.0B | ¥1034.3B | ||