Wednesday, Feb 06, 17:03 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the Close
- Creating and Using a Powerful Trading Plan - Part 1 by Rob Booker
- Featured Event: The Code of the Schaff Trend Cycle indicator revealed at FXstreet.com
- Check all information about Futures Market in Latest Futures News
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Live Sessions Schedule
Live Look at Today's Markets
Expert: Derek Frey
Start: Wed, Feb 6, 18:00 GMT
Sponsored by: 
Type of Session: Webinar
What Moves Currencies? − It's Central Banks day
Expert: Tony Juste
Start: Thu, Feb 7, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Feb 6, 17:00 GMT | The Six Month Timeline − The US Economy, Commodities and Interest Rates | Joseph Trevisani | WBN |  |
| Wed, Feb 6, 18:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Thu, Feb 7, 11:00 GMT | What Moves Currencies? − It's Central Banks day | Tony Juste | WBN | |
| Thu, Feb 7, 13:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN | |
| Thu, Feb 7, 14:30 GMT | Weekly Technical Briefing | Dan Blystone | WBN | |
Current Session: U.S.
USD/CAD
Mid−Day Forex Technical Report − Loonie Rebounds on Solid Data, Markets Stabilizes Elsewhere by ActionForex.com
USD/CAD's recovery was limited at 1.0101, below mentioned 1.0118/25 cluster resistance (50% retracement of 1.0378 to 0.9781 at 1.0125) and retreats further in early US session. Outlook remains unchanged. Fall from 1.0378 should still be in force.
- Exotic Forex Options 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
Currencies: Technical Strategies − GBP/USD Developing Flag Pattern Heading Into ISM News from US by fxKnight.com
Currency Majors Technical Analysis by Mataf.net
Top Market Movers Preview
UK INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Cons. | Previous | |
| Feb 7 | 09:30 | Industrial Production (YoY) | 1.0% | 0.4% |
| Feb 7 | 09:30 | Industrial Production (MoM) | 0.2% | -0.1% |
Friday Notes - Central banks in easing mode by HVB Group
Although both the PMI and the Confederation of British Industry indicators have been pointing to a weakening manufacturing sector in recent months, the preliminary GDP estimate showed a slight acceleration in output growth for Q4 2007.
[ Full Story ]Top Market Movers Review
US NONFARM PRODUCTIVITY
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 6 | 13:30 | Nonfarm Productivity | 1.8% | 1.0% | 6.3% |
DATA SNAP: US 4Q Productivity Rises More Than Expected (Dow Jones)
U.S. productivity decelerated at the end of 2007 along with the economy, yet its climb was much higher than expected, while unit labor costs went up far less than projected. Non−farm business productivity increased at a 1.8% annualized rate between October through December, the Labor Department said Wednesday.
[ Full Story ]- Read the Productivity and Costs data at Labor Department
- ECONOMIC REPORT: Productivity Slows In Fourth Quarter (Dow Jones)
- US Productivity increases in the 4Q on a decrease in hours worked (FXstreet.com)
- REPEAT&CORRECT: Table Of Productivity Data From Labor Dept. (Dow Jones)
US economic indicators - ISM non−manufacturing index is likely to have declined in January by BHF−Bank
Currencies at a Glance
- EUR/USD
- Moves sideways just below the resistance at 1.4660. MAs are declining gradually.
02/06/2008 16:50 GMT - GBP/USD
- Moves sideways with low volatility. MAs are declining gradually.
02/06/2008 16:56 GMT - USD/CHF
- Moves sideways between MAs. Support is seen at 1.0947.
02/06/2008 16:59 GMT - USD/JPY
- Moves upwards with low volatility. Support is seen at 106.33.
02/06/2008 17:00 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 ]
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Feb 6 | 15:30 | US | EIA Crude Oil Stocks | 7.0M | 3.6M | |
| 15:30 | UK | Leading Indicator Index (Dec) | -0.4% | -0.3% | ||
| 21:45 | NZ | Unemployment Rate (4Q) | 3.6% | 3.5% | ||
| Feb 7 | 06:00 | JP | Machine Tool Orders (YoY) (Jan)  | 3.7 | ||
| 06:45 | CH | Unemployment Rate (Jan) | 2.8% | 2.8% | ||
| 06:45 | CH | Unemployment Rate s.a. (Jan) | 2.6% | 2.6% | ||
| 09:30 | UK | Industrial Production (MoM) (Dec) | 0.2% | -0.1% | ||