Friday, Feb 08, 16:40 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the Close
- Webinars VIDEOS: Creating and Using a Powerful Trading Plan - Part 1 and Part 2 by Rob Booker
- Featured Event: The Code of the Schaff Trend Cycle indicator revealed at FXstreet.com
- ECB and BoE Live Coverage by FXstreet.com
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Live Sessions Schedule
FX Instructor Live Trading Room
Expert: Mihai Marinescu
Start: Mon, Feb 11, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Feb 11, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Feb 11, 10:00 GMT | FX Instructor Live Trading Room  | Mihai Marinescu | WBN | |
| Mon, Feb 11, 12:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Feb 11, 13:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
| Mon, Feb 11, 14:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Mon, Feb 11, 15:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
Current Session: U.S.
USD/CAD
Mid−Day Forex Technical Report − Canadian Dollar Rebounds after Strong Employment Report by ActionForex.com
As discussed before, USD/CAD's corrective rise was limited at 1.0126, by mentioned 1.0118/25 cluster resistance (50% retracement of 1.0378 to 0.9781 at 1.0125). Subsequent sharp fall and break of 1.0006 support suggests that correction from 0.9871 could have completed already. Intraday bias is flipped to the downside and further fall should be seen towards 0.9923 support.
- Intermarket Relationships 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
FX Thoughts for the Day − FX Thoughts for the day − Evening − 08−Feb−2008....1228 GMT by Kshitij Consultancy Service
FX Analysts' Comments
What's going on? by Tony Juste, FX Advisor at FXstreet.com
Top Market Movers Preview
France INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Cons. | Previous | |
| Feb 11 | 07:45 | Industrial Production (MoM) | - | -1.5% |
Friday Notes - Fed has no choice, must slash rates further by HVB Group
Following November's sharp decline – repeated strikes weighed heavily on activity – we expect industrial production to resume expanding at a healthy pace in December. If our forecast for a 0.8% m−o−m increase were close to being correct, it would leave the production quarterly average 0.5% above Q3.
[ Full Story ]Top Market Movers Review
US WHOLESALE INVENTORIES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 8 | 15:00 | Wholesale Inventories | 1.1% | 0.3% | 0.8% |
DATA SNAP: US Wholesale Inventories Up More Than Expected (Dow Jones)
U.S. wholesalers' inventories piled up at the highest rate in more than a year during December as sales plunged, a worrisome sign that unsold goods were piling up on shelves as the economy braked.
[ Full Story ]- Read the Wholesale Trade data at Census Bureau
- Forex − Dollar steady despite weak US wholesale figures (Thomson Financial News)
- U.S. December wholesale inventories up 1.1 pct, sales down 0.7 pct (Thomson Financial News)
- US wholesale inventories increase in December as sales plunge (FXstreet.com)
Currencies at a Glance
- EUR/USD
- Moves upwards with low volatility. MAs are declining gradually.
02/08/2008 16:17 GMT - GBP/USD
- Moves upwards with low volatility. MAs are moving in mixed direction.
02/08/2008 16:19 GMT - USD/CHF
- Moves sideways with low volatility. Immediate support is seen at 1.1020.
02/08/2008 16:25 GMT - USD/JPY
- Moves sideways with low volatility. MAs are moving in mixed direction. Support is seen at 107.19.
02/08/2008 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 | |
| Feb 8 | 13:15 | CA | Housing Starts s.a (YoY) (Jan) | 222.7K | 202.5K | 184.7K |
| 15:00 | US | Wholesale Inventories (Dec) | 1.1% | 0.3% | 0.8% |
|
| Feb 11 | 07:45 | FR | Industrial Production (MoM) (Dec) | -1.5% | ||
| 07:45 | FR | Industrial Production (YoY) (Jan) | 2.5% | |||
| 09:30 | UK | Producer Price Index − Input (MoM) s.a (Jan) | 0.5% | |||
| 09:30 | UK | Producer Price Index − Input (YoY) n.s.a (Jan) | 11.3% | |||
| 09:30 | UK | Producer Price Index − Output (MoM) n.s.a (Jan) | 0.5% | |||