Thursday, Jan 31, 16:51 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
- Special Coverage: ADP & GDP, by FXstreet.com
- Trendex: Instant Trading Tips from FX Pros right to your desktop
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Live Sessions Schedule
Live Look at Today's Markets
Expert: Derek Frey
Start: Thu, Jan 31, 18:00 GMT
Sponsored by: 
Type of Session: Webinar
SPECIAL EVENT: Trade Non−Farm Payrolls LIVE − 21st Edition
Expert: Wayne McDonell
Start: Fri, Feb 1, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Jan 31, 18:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Fri, Feb 1, 13:00 GMT | SPECIAL EVENT: Trade Non−Farm Payrolls LIVE − 21st Edition | Wayne McDonell | WBN | |
| Mon, Feb 4, 10:00 GMT | FX Instructor Live Trading Room  | Mihai Marinescu | WBN |  |
| Mon, Feb 4, 11:00 GMT | What Moves Currencies? − Preview of the Week Ahead | Tony Juste | WBN |  |
| Mon, Feb 4, 12:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
USD/JPY
Mid−Day Forex Technical Report − Yen Rallies on Risk Aversion again by ActionForex.com
USD/JPY finally took out 105.92 support, confirming that corrective rebound from 104.96 is completed with three waves up to 107.89. Further decline should now be seen to retest 104.96 low and decisive break will indicate that whole decline from 114.77 has resumed for next medium term target of 101.22/65 level.
- 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
Currency Majors Technical Analysis − 105,83. USD JPY broke by Mataf.net
Currency Performance Report − Europe Session Performance by FXstreet.com
Top Market Movers Preview
UK PMI MANUFACTURING
| Date (GMT) | Event | Cons. | Previous | |
| Feb 1 | 09:30 | PMI Manufacturing | 52.5 | 52.9 |
Friday Notes - More to come from Fed; ECB to follow by HVB Group
Smoothing the monthly volatility of the data, the underlying trend in manufacturing PMI remains downwardly oriented and we expect it to remain so over the next several months.
[ Full Story ]Top Market Movers Review
US CORE PERSONAL CONSUMPTION EXPENDITURE − PRICES INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 31 | 13:30 | Core Personal Consumption Expenditure − Prices Index (MoM) | 0.2% | 0.2% | 0.2% |
| Jan 31 | 13:30 | Core Personal Consumption Expenditure − Prices Index (YoY) | 2.2% | 2.2% | 2.2% |
DATA SNAP: US Dec Consumer Spending Slows Sharply (Dow Jones)
Consumer spending grew during December but the increase was much smaller than the surge in the prior month, while income accelerated. Personal consumption climbed by 0.2% compared to the month before, the Commerce Department said Thursday.
[ Full Story ]- Read the PCE data at Bureau of Economic Analysis
- US personal spending decreases sharply in December − UPDATE (FXstreet.com)
- Dollar Falls Below Y106.0 After PCE, Jobless Data (Dow Jones)
- US December consumer spending up 0.2 pct vs 0.1 pct expected (Thomson Financial News)
US economic indicators - GDP growth in Q4 could have slowed down to about 1% qoq by BHF−Bank
Currencies at a Glance
- EUR/USD
- Moves down below pivot level 1.4839
01/31/2008 16:26 GMT - GBP/USD
- Moves down below pivot level 1.9886
01/31/2008 16:26 GMT - USD/CHF
- Back around opening price level 1.0833 , below pivot level 1.0866
01/31/2008 16:27 GMT - USD/JPY
- Back around opening price level 106.28 , below pivot level 106.65
01/31/2008 16:27 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
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jan 31 | 13:30 | US | Initial Jobless Claims (Jan 26) | 375K | 320K | 306K |
| 14:45 | US | Chicago Purchasing Managers' Index (Jan) | 51.5 | 53.0 | 56.4 |
|
| 22:30 | AU | Manufacturing PMI (Jan) | 57.6 | |||
| Feb 1 | 08:30 | CH | SVME − Purchasing Managers' Index (Jan) | 60.3 | 61.3 | |
| 08:55 | DE | PMI Manufacturing (Jan) | 53.6 | 53.6 | ||
| 09:00 | EMU | PMI Manufacturing (Jan) | 52.6 | 52.6 | ||
| 09:30 | UK | PMI Manufacturing (Jan) | 52.5 | 52.9 | ||