Friday, Jan 11, 15:45 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the Close
- Webinars VIDEOS: Longer-term Support and Resistance Trading: Setups and Rules by Rob Booker
- ECB decision: Live coverage at FXstreet.com
- Trendex: Instant Trading Tips from FX Pros right to your desktop
- A new year has started: Economic and Financial Outlook 2008
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Live Sessions Schedule
What Moves Currencies? − Preview of the Week Ahead
Expert: Tony Juste
Start: Mon, Jan 14, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Jan 14, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Jan 14, 11:00 GMT | What Moves Currencies? − Preview of the Week Ahead | Tony Juste | WBN | |
| Mon, Jan 14, 12:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Jan 14, 14:00 GMT | FX Instructor Live Trading Room  | Mihai Marinescu | WBN |  |
| Mon, Jan 14, 15:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
| Mon, Jan 14, 16:00 GMT | Advanced Methods for Finding Dominant Trends in Forex Markets | Steve Primo | WBN |  |
Current Session: U.S.
USD/CAD
Mid−Day Forex Technical Report − Canadian Dollar Tumbles on Unexpected Fall in Employment by ActionForex.com
USD/CAD's rise from 0.9756 resumes in early US session and reaches as high as 1.02 so far. At this point, intraday bias remains on the upside as long as 1.0063 minor support holds. Retest of 1.0248 resistance is expected to be seen and break will confirm that whole short term rally from 0.9056 has resumed for next upside target of 1.0333.
- Webinars Video − Main technical theme in the currency market by Jamie Saettele, Technical Currency Analyst FXCM
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Other Topics for this Session:
Market Session Recaps − London Session by FOREX.com
Daily Forex Forecast − EUR/USD has made pullback down towards 1.4750 by FXDream
Currencies at a Glance
- EUR/USD
- Trades above pivot level 1.4752
01/11/2008 14:16 GMT - GBP/USD
- Back above first support level 1.9549 after bounced at second support level 1.9482
01/11/2008 14:16 GMT - USD/CHF
- Back around opening price level 1.1032 , below pivot level 1.1070
01/11/2008 14:16 GMT - USD/JPY
- Continues to trade around first support level 108.93
01/11/2008 14:16 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
EMU INDUSTRIAL PRODUCTION S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Jan 14 | 10:00 | Industrial Production s.a. (MoM) | - | 0.4% |
Friday Notes - Fed – still a long way to go by HVB Group
We expect industrial output to have declined 0.8% m−o−m in November, confirming that activity will soften significantly in Q4 2007 after a solid third quarter. Given that manufacturing surveys are on a downward trend and global growth is cooling, weakness will likely continue at the beginning of this year.
[ Full Story ]Top Market Movers Review
US TRADE BALANCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 11 | 13:30 | Trade Balance | -$63.12 | -$59.40B | $57.77B |
US Trade Deficit rose well above expectations in November (FXstreet.com)
Trade deficit rose to the level of 63.12 billion dollars in November from the upwardly revised 57.77 billion posted in October, according to the latest report by the Commerce Department.
[ Full Story ]- Read the Goods and Services Deficit Increases in November 2007 at Census Bureau
- US Trade Deficit rose well above expectations in November − UPDATE (FXstreet.com)
- US November trade deficit up 9.3 pct to 63.1 bln usd (Thomson Financial News)
- DATA SNAP: US Nov Trade Gap Widens As Oil Prices Soar (Dow Jones)
US economic indicators - Trade deficit is likely to have widened noticeably in November because of petroleum by BHF−Bank
US IMPORT PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 11 | 13:30 | Import Price Index (MoM) | 0.0% | 0.0% | 3.3% |
US Import Prices Post Record '07 Gain; Prices From China Climb (Dow Jones)
U.S. import prices posted their largest calendar−year increase on record in 2007 as oil prices climbed over 50% and China no longer served as a deflationary offset to higher domestic prices, a government report showed.
[ Full Story ]- U.S. Import and Export Price Indexes at the US Department of Labor
- US Dec import prices unchanged as expected, calendar 2007 hike highest in 20 yrs (Thomson Financial News)
- US Import Price Index (MoM) grows by 0% in Dec, 10.9% (YoY) (FXstreet.com)
- US Import Prices: Table Of Data For Dec (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jan 11 | 13:30 | US | Import Price Index (YoY) (Dec) | 10.9% | 10.2% | 12.1% |
| 13:30 | US | Trade Balance (Nov) | $-63.12 | -$59.40B | $57.77B |
|
| Jan 12 | 17:00 | EMU | ECB's Trichet Speaks | |||
| Jan 14 | 09:30 | UK | Producer Price Index − Input (MoM) s.a | 1.7% | ||
| 09:30 | UK | Producer Price Index − Input (YoY) n.s.a | 10.3% | |||
| 09:30 | UK | Producer Price Index − Output (MoM) n.s.a | 0.5% | |||
| 09:30 | UK | Producer Price Index − Output (YoY) n.s.a | 4.5% | |||