Tuesday, Feb 19, 16:50 GMT
ASIA-PACIFIC Trading Newsletter
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Live Sessions Schedule
What Moves Currencies? − Watching the GBP
Expert: Tony Juste
Start: Wed, Feb 20, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Main Fundamental theme in the Currency market
Expert: Kathy Lien
Start: Wed, Feb 20, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Feb 19, 18:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Feb 20, 10:00 GMT | FX Instructor Live Trading Room | Nader Moustafa | WBN |  |
| Wed, Feb 20, 11:00 GMT | What Moves Currencies? − Watching the GBP | Tony Juste | WBN | |
| Wed, Feb 20, 14:00 GMT | Main Fundamental theme in the Currency market | Kathy Lien | WBN | |
| Wed, Feb 20, 15:00 GMT | Combining Indicators and True Support (demand) and Resistance (supply) | Sam Seiden | WBN |  |
Current Session: U.S.
EUR/USD
U.S. Forex Market Commentary − The euro strengthened vis−à−vis the U.S. dollar today by GCI
The euro strengthened vis−à−vis the U.S. dollar today as the single currency tested offers around the US$ 1.4755 level and was supported around the $1.4640 level. Stops were reached above the $1.4740 level, representing the 23.6% retracement of the move from $1.4015 to $1.4965. Traders await today's U.S. NAHB housing market index followed by tomorrow's January housing starts, January consumer price inflation, and minutes from the FOMC's January meeting.
- Trading Gaps in the Forex by John Jagerson, Founder Profiting With Forex
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Currency Majors Technical Analysis by Mataf.net
Top Market Movers Preview
US NAHB HOUSING MARKET INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Feb 19 | 18:00 | NAHB Housing Market Index | 19 | 19 |
Ahead of the Bell: Builder Sentiment (Thomson Financial News)
A measurement of housing developers' sentiment about the U.S. housing market is expected to inch upward this month, a slight improvement for a troubled industry.
[ Full Story ]- OUTLOOK Highlights of US economic data to be released this week (Thomson Financial News)
Top Market Movers Review
Canada CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 19 | 12:00 | Consumer Price Index (YoY) | 2.2% | 2.3% | 2.4% |
| Feb 19 | 12:00 | Bank of Canada Consumer Price Index Core (MoM) | 0.1% | 0.1% | -0.3% |
| Feb 19 | 12:00 | Bank of Canada Consumer Price Index Core (YoY) | 1.4% | 1.4% | 1.5% |
| Feb 19 | 12:00 | Consumer Price Index (MoM) | -0.2% | -0.1% | 0.1% |
Global News and Fundamentals - Canadian CPI Data Clears the Way for USD/CAD Move by fxKnight.com
The Consumer Price Index actually came in a bit better than expected today (−0.2% vs. −0.1% forecast, 0.1% for the Core), suggesting that inflation is on the decline in Canada. Normally this would have sent the USD/CAD pair down.
[ Full Story ]- Read the CPI data at Statistics Canada
- Canada Morning: C$ Lower After Round Of Soft Data Releases (Dow Jones)
- Canada Jan annual CPI inflation at 2.2 pct vs 2.4 in Dec, lowest since Aug 2007 (Thomson Financial News)
- Canadian CPI grows 2.2% on the year in January; core CPI 1.4% up (FXstreet.com)
Daily Forex Technical Report − Aussie Surges on RBA Minutes, Focus on Canadian CPI by ActionForex.com
Currencies at a Glance
- EUR/USD
- Stays around second resistant level 1.4732
02/19/2008 16:30 GMT - GBP/USD
- Continues to trade below opening price level 1.9525 , below pivot level 1.9546
02/19/2008 16:31 GMT - USD/CHF
- Stays below first support level 1.0953
02/19/2008 16:31 GMT - USD/JPY
- Trades above third support level 107.31
02/19/2008 16:32 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 19 | 12:00 | CA | Consumer Price Index (YoY) (Jan) | 2.2% | 2.3% | 2.4% |
| 13:30 | CA | Wholesale Sales (MoM) (Dec) | -2.9% | 0.1% | 0.2% |
|
| 18:00 | US | NAHB Housing Market Index (Feb) | 19 | 19 | ||
| 22:00 | US | ABC Consumer Confidence (Feb 17) | -37 | |||
| 23:30 | AU | Westpac Leading Index (MoM) (Dec) | 6.4% | |||
| 23:50 | JP | BoJ Minutes (Jan 22) | ||||
| Feb 20 | 00:30 | AU | Wage Price Index (QoQ) (4Q) | 1% | ||