Thursday, Feb 14, 17:01 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the close. It's the challenge we like
- Webinars VIDEOS: Day Trading Series - Chapter III: Developing a Profitable Trading Strategy (Part 1) by Markus Heitkoetter
- World Premiere: The Code of the Schaff Trend Cycle indicator revealed at FXstreet.com
- Global Chartbook: February 2008 by Wachovia
- 2008 Forex Market Predictions by Forex.com
Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.
Live Sessions Schedule
Live Look at Today's Markets − Free Access Day
Expert: Derek Frey
Start: Thu, Feb 14, 18:00 GMT
Sponsored by: 
Type of Session: Webinar
What Moves Currencies? − Weekly Wrap−Up
Expert: Tony Juste
Start: Fri, Feb 15, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Feb 14, 17:00 GMT | Trends and their ends and how to trade both − Free Access Day | Chris Capre | WBN |  |
| Thu, Feb 14, 18:00 GMT | Live Look at Today's Markets − Free Access Day | Derek Frey | WBN | |
| Fri, Feb 15, 11:00 GMT | What Moves Currencies? − Weekly Wrap−Up | Tony Juste | WBN | |
| Fri, Feb 15, 13:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN | |
| Fri, Feb 15, 14:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: U.S.
USD/JPY
Mid−Day Forex Technical Report − Dollar Mixed, Bernanke Awaited by ActionForex.com
USD/JPY strengthens further to 108.59 today but intraday momentum is seen diminishing mildly as it approaches 108.36/71 (38.2% retracement of 114.77 to 104.96 at 108.71 & 100% projection of 104.96 to 107.89 from 105.68 at 108.61). Nevertheless, intraday bias remains on the upside as long as 108.00 minor support holds and further rise could still be see as corrective rebound from 104.96 continues.
- Longer−term Support and Resistance Trading: Setups and Rules by Rob Booker, Currency Analyst Piptopia
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Forex Daily Analysis − 14/02/'08 − US Trade Balance and Unemployment Claims on Tap by ForexYard
Top Market Movers Preview
Japan BOJ INTEREST RATE DECISION
| Date (GMT) | Event | Cons. | Previous | |
| Feb 15 | 05:00 | BoJ Interest Rate Decision | 0.5% | 0.5% |
Forex − Dollar gains vs yen on speculation Bank of Japan may cut rates (Thomson Financial News)
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "I am not expecting anything new from the BoJ, as they must be quite pleased with the way the JPY is doing at the moment, so no need for them to come out and put the markets on alert." − FXstreet.com
Top Market Movers Review
US TRADE BALANCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 14 | 13:30 | Trade Balance | -$58.76 | -$61.10B | -$63.12B |
DATA SNAP: US Dec Trade Gap Shrinks As Exports Climb (Dow Jones)
The U.S. trade deficit narrowed sharply in December despite a record−high foreign oil price, shrinking to a gap smaller than expected as overseas sales rose and imports receded.
[ Full Story ]- Read the Trade Balance data at Commerce department
- UPDATE U.S. December trade deficit falls 6.9% to $58.8B vs $61.6B expected (Thomson Financial News)
- ECONOMIC REPORT: U.S. Trade Gap Narrows Sharply, To $58.8 Billion, In December (Dow Jones)
- Forex − Dollar strengthens on better−than−expected US trade deficit data UPDATE (Thomson Financial News)
Forex Daily Analysis - 14/02/'08 − US Trade Balance and Unemployment Claims on Tap by ForexYard
US economic indicators - The trade deficit could have narrowed in December by BHF−Bank
Currencies at a Glance
- EUR/USD
- Back above first resistant level 1.4603
02/14/2008 16:27 GMT - GBP/USD
- Stays above first resistant level 1.9680
02/14/2008 16:28 GMT - USD/CHF
- Continues to move down below first support level 1.1025
02/14/2008 16:28 GMT - USD/JPY
- Moves down around pivot level 107.89
02/14/2008 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
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Feb 14 | 13:30 | CA | International Merchandise Trade (Dec) | $2.35B | $3.60B | $3.76B |
| 15:00 | US | Bernanke, Paulson, Cox testify before Sennate Committee | ||||
| 17:30 | EMU | ECB's Trichet Speech | ||||
| 21:45 | NZ | Retail Sales (MoM) (Dec) | 2% | |||
| 21:45 | NZ | Retail Sales ex Autos (MoM) (Dec) | 0.9% | |||
| Feb 15 | 05:00 | JP | BoJ Interest Rate Decision | 0.5% | 0.5% | |
| 05:00 | JP | Nationwide Department Sales (YoY) (Jan) | -2.3% | |||