Tuesday, Jan 29, 16:45 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the Close
- Webinars VIDEOS: Raghee Horner's Four Step Trading: Forex by Raghee Horner
- Central Banks: Fed − Preview of Jan 30 Meeting by FXstreet.com
- Special Event: Trade Non−Farm Payrolls LIVE − 21st Edition
- Improve your trading with our Trading Tools
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Live Sessions Schedule
Watch Live Coverage of the US GDP
Expert: Jerry Furst
Start: Wed, Jan 30, 12:30 GMT
Sponsored by: 
Type of Session: Webinar
Main Fundamental theme in the Currency market
Expert: Kathy Lien
Start: Wed, Jan 30, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Jan 29, 17:00 GMT | Understanding Price Action and using Momentum to generate signals  | Chris Capre | WBN |  |
| Tue, Jan 29, 18:00 GMT | Live Look at Today's Markets | Derek Frey | WBN |  |
| Wed, Jan 30, 10:00 GMT | Tracking the forex market together / Part I | Dr.S.Sivaraman | WBN | |
| Wed, Jan 30, 12:30 GMT | Watch Live Coverage of the US GDP | Jerry Furst | WBN | |
| Wed, Jan 30, 14:00 GMT | Main Fundamental theme in the Currency market | Kathy Lien | WBN | |
Current Session: U.S.
USD/CAD
Mid−Day Forex Technical Report − Dollar Mixed after Data, Canadian Dollar Surges by ActionForex.com
Dollar inches up in early US session after much stronger than expected US durable goods orders. However, the gains are quickly limited after sharp fall in S&P/Case−Shiller house price index. Durable goods orders rose strongly by 5.2% in Dec, much better than expectation of 1.9%. Strength was fairly broad−based.
- Commitment of Traders (COT) Indicator − Free Access Day by S. Wade Hansen, Founder Profiting With Forex
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Daily Technical Strategist − EURUSD: Turns Back Above The 1.4751/52 Zone, Focuses On The 1.4967 Level by FXTechstrategy
Currency Majors Technical Analysis − 1,4760. EUR USD is in a consolidation by Mataf.net
Currencies at a Glance
- EUR/USD
- Continues to trade above pivot level 1.4746
01/29/2008 16:28 GMT - GBP/USD
- Continues to trade above opening price level 1.9843 , above pivot level 1.9822
01/29/2008 16:28 GMT - USD/CHF
- Trades around first resistant level 1.0947
01/29/2008 16:28 GMT - USD/JPY
- Back around opening price level 106.90 , above pivot level 106.64
01/29/2008 16:29 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
UK M4 MONEY SUPPLY
| Date (GMT) | Event | Cons. | Previous | |
| Jan 30 | 09:30 | M4 Sterling Lending | - | £15.7B |
| Jan 30 | 09:30 | M4 Money Supply (MoM) | - | 0.5% |
| Jan 30 | 09:30 | M4 Money Supply (YoY) | - | 11.7% |
Forex Technical Report - Forex Technical Report GBP/USD by iFOREX.bg
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "With the credit crisis spreading out, M4 levels will certainly give us a clue where the monetary base is heading. A low reading would suggest contraction in consumption is just taking effect, and that should have clear negative effects on the GBP." − FXstreet.com
Top Market Movers Review
US CONSUMER CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 29 | 15:00 | Consumer Confidence | 87.9 | 87.5 | 88.6 |
US Conference Bd Jan Consumer Confidence 87.9 Vs Dec 90.6 (Dow Jones)
U.S. consumer confidence slid in January after having improved moderately in the previous month, according to a report released Tuesday. The Conference Board, a private research group, said that its index of consumer confidence for January fell to 87.9.
[ Full Story ]- Read the Consumer Confidence data at The Conference Board
- US consumer confidence down in January to 87.9 vs 87.5 expected (Thomson Financial News)
- Consumer confidence drops in January (Thomson Financial News)
- UPDATE:US Conference Bd Jan Consumer Confidence Falls To 87.9 (Dow Jones)
The Week Ahead - New home sales, Durable goods orders, Consumer confidence, FOMC rate decision and Employment Situation by BBVA Bancomer
US DURABLE GOODS ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 29 | 13:30 | Durable Goods Orders | 5.2% | 1.9% | 0.5% |
| Jan 29 | 13:30 | Durable Goods Orders ex Transportation | 2.6% | 0.0% | -0.4% |
US Durable goods orders soar in December (FXstreet.com)
Orders of goods meant to last longer than three years pointed up sharply in the United States, posting the second consecutive increase in December, according to data released by the US Census Bureau.
[ Full Story ]- Read the Durable Goods Orders data at Census Bureau
- ECONOMIC REPORT: Durable−Goods Orders Surge 5.2% In December (Dow Jones)
- US December durable goods orders up 5.2 pct, ex−transportation up 2.6 pct UPDATE (Thomson Financial News)
- Durable goods orders rise by 5.2 percent (Thomson Financial News)
US economic indicators - GDP growth in Q4 could have slowed down to about 1% qoq by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jan 29 | 13:30 | US | Durable Goods Orders (Dec) | 5.2% | 1.9% | 0.5% |
| 15:00 | US | Consumer Confidence (Jan) | 87.9 | 87.5 | 88.6 | |
| 21:45 | NZ | Building Permits (MoM) (Dec) | -0.1% | |||
| 22:00 | US | ABC Consumer Confidence (Jan 27) | -23 | |||
| 23:50 | JP | Industrial Production (MoM) (Dec)  | 2.0% | -1.6% | ||
| 23:50 | JP | Industrial Production (YoY) (Dec) | 1.5% | 2.9% | ||
| Jan 30 | 09:00 | DE | Bloomberg Retail PMI (Jan) | 44 | ||