Wednesday, Nov 28, 17:03 GMT
ASIA-PACIFIC Trading Newsletter
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FXstreet.com is very proud to present his webinars recordings! You can now watch videos of some of our educational webinars which are held every week in our LIVE section. These videos can be found on the Live "Transcripts" page and new ones will be added several times a week so stay tuned! Last entries are webinars with Adam Rosen, Mihai Marinescu or Rob Booker.
Educational presentations of the ITC Speakers:
Download some of the speeches of the International Traders Conference 2007 by FXstreet.com
Live Sessions Schedule
Live Look at Today's Markets
Expert: Derek Frey
Start: Wed, Nov 28, 18:00 GMT
Sponsored by: 
Type of Session: Webinar
What Moves Currencies? − A Look at Carry Trade
Expert: Tony Juste
Start: Thu, Nov 29, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Nov 28, 18:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Thu, Nov 29, 11:00 GMT | What Moves Currencies? − A Look at Carry Trade | Tony Juste | WBN | |
| Thu, Nov 29, 12:30 GMT | Watch Live Coverage of the US GDP | Jerry Furst | WBN |  |
| Thu, Nov 29, 14:30 GMT | Weekly Technical Briefing  | Dan Blystone | WBN |  |
| Thu, Nov 29, 15:00 GMT | Technical Analysis Q&A | Tony Juste | WBN | |
Current Session: U.S.
EUR/USD
Mid−Day Forex Technical Report − Dollar Rebounds Strongly, but Limited by Poor Data by ActionForex.com
Dollar extends its recovery against euro today, confirming that a short term top is already in place in EUR/USD last week after failing 1.5 psychological resistance. However, the recovery is limited in early US session after disappointing data. Durable goods orders fell for the third month in a row by −0.7% in Oct, missing expectation of 0% with ex−transport orders tumbling −0.7%.
- Check the FX advisor's comments on major 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:
Daily Outlook − GBP/USD daily by Karoll
Currency Majors Technical Analysis by Mataf.net
FX Thoughts for the Day − FX Thoughts for the day − Evening − 28−Nov−2007....1215 GMT by Kshitij Consultancy Service
Currencies at a Glance
- EUR/USD
- Trades around second support level 1.4750
11/28/2007 16:15 GMT - GBP/USD
- Trades around pivot level 2.0694
11/28/2007 16:16 GMT - USD/CHF
- Continues to trade above second resistant level 1.1139
11/28/2007 16:17 GMT - USD/JPY
- Trades above first resistant level 109.66
11/28/2007 16:17 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
USD JPY, Hourly
Top Market Movers Preview
US FED'S BEIGE BOOK
| Date (GMT) | Event | Cons. | Previous | |
| Nov 28 | 19:00 | Fed's Beige Book | - | - |
US economic indicators - Consumer confidence is likely to deteriorate further in November by BHF−Bank
The Beige Book will cover most of November, for which not many indicators have yet been released. The Beige Book's economic assessment is likely to be quite modest, showing particular weakness in residential construction, manufacturing and retail sales.
[ Full Story ]Top Market Movers Review
US EXISTING HOME SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 28 | 15:00 | Existing Home Sales | 4.97 | 5.00 | 5.03M |
| Nov 28 | 15:00 | Existing Home Sales (MoM) | -1.2% | -0.8% | -8.2% |
US Oct Existing Home Sales Dn 1.2% To 4.97 Mln Rate (Dow Jones)
Existing−home sales fell an eighth consecutive month during October, a victim of the credit crunch. Home resales dropped to a 4.97 million annual rate, a 1.2% decrease from September's revised 5.03 million annual pace, the National Association of Realtors said Wednesday.
[ Full Story ]- Read the report: Mixed Results For October Existing−Home Sales; Mortgages Improving at NAR
- US Oct existing home sales down 1.2 pct to 4.97 mln vs 4.95 mln expected UPDATE (Thomson Financial News)
- US October existing home sales down 1.2 pct to 4.97 mln vs 4.95 mln expected (Thomson Financial News)
- US Existing home sales declined larger than expected in October (FXstreet.com)
US DURABLE GOODS ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 28 | 13:30 | Durable Goods Orders ex Transportation | -0.7% | 0.4% | 1.1% |
| Nov 28 | 13:30 | Durable Goods Orders | -0.4% | 0.0% | -1.4% |
US Durable Goods Orders fell larger than expected in October (FXstreet.com)
New orders for durable goods declined by 0.4% in October to $214.5 billion dollar, following the 1.4% decrease registered in September, according to the latest data by U.S. Census Bureau.
[ Full Story ]- Read the Manufacturers' Shipments, Inventories, & Orders (M3) data at Commerce Department
- US October durable goods orders down 0.4 pct UPDATE (Thomson Financial News)
- US October durable goods orders down 0.4 pct vs 0.3 pct rise expected (Thomson Financial News)
- DATA SNAP: US Oct Durables Orders Down More Than Expected (Dow Jones)
US economic indicators - Consumer confidence is likely to deteriorate further in November by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 28 | 15:00 | US | Existing Home Sales (Oct) | 4.97 | 5.00 | 5.03M |
| 15:00 | US | Existing Home Sales (MoM) (Oct) | -1.2% | -0.8% | -8.2% |
|
| 19:00 | US | Fed's Beige Book | ||||
| 21:45 | NZ | Building Permits (MoM) (Oct) | -8.3% | |||
| 23:50 | JP | Industrial Production (MoM) (Oct)  | 1.5% | -1.4% | ||
| 23:50 | JP | Industrial Production (YoY) (Oct) | 4.4% | 0.8% | ||
| Nov 29 | 00:30 | AU | Private Capital Expenditure (3Q) | 2.0% | 6.3% | |