Wednesday, Dec 19, 17:09 GMT
ASIA-PACIFIC Trading Newsletter
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Live Sessions Schedule
Live Look at Today's Markets
Expert: Derek Frey
Start: Wed, Dec 19, 18:00 GMT
Sponsored by: 
Type of Session: Webinar
Watch Live Coverage of the US GDP
Expert: Jerry Furst
Start: Thu, Dec 20, 12:30 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Dec 19, 17:00 GMT | Has the euro trend been broken? | Joseph Trevisani | WBN |  |
| Wed, Dec 19, 18:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Thu, Dec 20, 12:30 GMT | Watch Live Coverage of the US GDP | Jerry Furst | WBN | |
| Thu, Dec 20, 15:00 GMT | MONTHLY WEBINAR − Part 1: Using stops effectively | Sunil Mangwani | WBN |  |
| Thu, Dec 20, 17:00 GMT | MONTHLY WEBINAR − Part 2: Trading the FxInstructor setups  | Sunil Mangwani | WBN | |
Current Session: U.S.
GBP/USD
Mid−Day Forex Technical Report − Sterling Tumbles after Dovish BoE Minutes, TAF Results Watched by ActionForex.com
Cable finally takes out the medium term rising channel support today and dives to as low as 2.0030 so far. At this point, intraday bias will remains on the downside as long as 2.0197 resistance holds for 2.0 psychological support.
- Technical Trigger: GBP/USD 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:
FX Daily Commentary − Is GBP/USD Ready to Trade Under 2? by FXGreece
Daily Forex Forecast − GBP/USD has fallen down towards 2.000 by FXDream
Currency Majors Technical Analysis − 1,4396. EUR USD is in an downtrend by Mataf.net
Currencies at a Glance
- EUR/USD
- Continues to trade below pivot level 1.4405
12/19/2007 16:29 GMT - GBP/USD
- Continues to move down toward third support level 1.9980
12/19/2007 16:30 GMT - USD/CHF
- Trades around first resistant level 1.1541
12/19/2007 16:30 GMT - USD/JPY
- Moves up back around opening price level 113.38 , above pivot level 113.23
12/19/2007 16:31 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
EUR USD, Hourly
Top Market Movers Preview
Japan BOJ INTEREST RATE DECISION
| Date (GMT) | Event | Cons. | Previous | |
| Dec 20 | 05:00 | BoJ Interest Rate Decision | 0.5% | 0.5% |
Bank of Japan to forego rate hike amid credit, economic uncertainty − analysts (Thomson Financial News)
The Bank of Japan (BoJ) is expected to forego hiking interest rates at its two−day policy meeting, which kicks off at noon, as it needs more time to assess the impact of the credit crisis and financial market turmoil on the US and Japanese economies, analysts said Wednesday.
[ Full Story ]- Japanese government bond prices end morning flat to higher ahead of BoJ move (Thomson Financial News)
- Japan Outlook:BOJ Mtg;Oct All Industries;Honda CEO,Sharp CEO (Dow Jones)
Top Market Movers Review
Canada WHOLESALE SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Dec 19 | 13:30 | Wholesale Sales (MoM) | 0.5% | 0.2% | 1.1% |
Canadian wholesale sales increase in October despite weak auto sales (FXstreet.com)
Wholesale trade has increased again in October in Canada despite a weak month for sales in the automotive sector, which could be offset by increasing sales in construction materials, to post the second consecutive monthly rise.
[ Full Story ]- Read the Wholesale trade data at Statistics Canada
- Canada Oct Wholesale Sales increase 0.5% from September (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Dec 19 | 13:30 | CA | Wholesale Sales (MoM) (Oct) | 0.5% | 0.2% | 1.1% |
| 21:45 | NZ | Current Account (3Q) | -4.860B | -2.914 | ||
| 23:50 | JP | Adjusted Merchandise Trade Balance (Nov) | ¥966.7B | ¥1072.6B | ||
| 23:50 | JP | Merchandise Trade Balance Total (Nov) | ¥908.8B | ¥1018.6B | ||
| Dec 20 | 05:00 | JP | BoJ Interest Rate Decision | 0.5% | 0.5% | |
| 06:30 | JP | BoJ's Governor Fukui Speaks | ||||
| 07:00 | DE | Gfk Consumer Confidence Survey (Jan) | 4.0 | 4.3 | ||