Thursday, Mar 27, 17:03 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Webinar Videos: Day Trading Series - Chapter IV: Developing a Profitable Trading Strategy (Part 2) by Markus Heitkoetter
- Europe Session Performance by FXstreet.com
- Currency Currents by Black Swan Capital
- FX Trader of the Year 2008 − 3rd week ranking
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
FX Bootcamp Basic Training
Expert: Wayne McDonell
Start: Fri, Mar 28, 08:00 GMT
Type of Session: Webinar
Fibonacci Friday
Expert: Andrei Pehar
Start: Fri, Mar 28, 15:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Mar 27, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN |  |
| Fri, Mar 28, 08:00 GMT | FX Bootcamp Basic Training | Wayne McDonell | WBN |  |
| Fri, Mar 28, 12:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN | |
| Fri, Mar 28, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Fri, Mar 28, 15:00 GMT | Fibonacci Friday | Andrei Pehar | WBN | |
Current Session: U.S.
USD/JPY
FXA Column $/yen, good risk/reward..... by FXA
The outlook for $/yen is similar to the view for the dollar versus most other major currencies, as trade from the March 17th low at 96.15 and is seen as a correction (wave 4 in the fall from the Dec high at 114.65, see numbering on daily chart below), and suggests an eventual resumption of the declines back to 96.15 and below (within wave 5).
- Understanding The Exact Process Behind The Movement In Price by Sam Seiden
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Other Topics for this Session:
Currency Majors Technical Analysis by Mataf.net
Today's Technical Trading Points by Danske Bank A/S
Chart of the Day: EUR/GBP by FX Solutions
Currency Performance
Europe Session Performance by FXstreet.com
FX Analysts' Comments
FOREX Training Video | New York Session March 25, 2008 by Wayne McDonell, FxBootcamp.com
FX' Signal
Matsys D Trade Signals by Fxwintrades
Top Market Movers Preview
Germany CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Mar 28 | 07:00 | Consumer Price Index (MoM) | 0.3% | 0.5% |
| Mar 28 | 07:00 | Consumer Price Index (YoY) | 2.9% | 2.8% |
EMU economic indicators - German retail sales probably have increased again in February by BHF−Bank
On Thursday, the first German Länder are expected to publish state CPI data for March. Subsequently, the preliminary results for national German CPI in March will be released, probably on Friday. We expect German inflation to have increased by 0.4% mom and 3.0% yoy.
[ Full Story ]Top Market Movers Review
US GROSS DOMESTIC PRODUCT ANNUALIZED
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 27 | 12:30 | Gross Domestic Product Annualized | 0.6% | 0.6% | 4.9% |
US Q4 final GDP unrevised at 0.6 pct, corporate profits fall UPDATE (Thomson Financial News)
Consumer spending and exports were up slightly while business inventories were lower, leaving the government's estimate for fourth−quarter economic growth unrevised, the Commerce Department said today.
[ Full Story ]- Read the GDP data at Commerce Department
- Special Webinar: Watch Live Coverage of the US GDP with Jerry Furst
- Forex − Dollar recoups earlier losses on relief US GDP growth left unrevised (Thomson Financial News)
- US GDP/Corporate Profits−STATS−Historical (Dow Jones)
- CORRECT: Drawdown In Goods Reduced US 4Q GDP, Not 1Q (Dow Jones)
Mid−Day Forex Technical Report − Dollar Mixed, Yen Weakens after US Q4 GDP by ActionForex.com
US economic indicators - Consumer confidence indicators are likely to deteriorate further in March by BHF−Bank
Currencies at a Glance
- EUR/USD
- Stays above pivot level 1.5761
03/27/2008 16:19 GMT - GBP/USD
- Moves down back around opening price level 2.0074 , above pivot level 2.0036
03/27/2008 16:19 GMT - USD/CHF
- Continues to trade below pivot level 0.9961
03/27/2008 16:20 GMT - USD/JPY
- Moves up above first resistant level 99.91
03/27/2008 16:21 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 | |
| Mar 27 | 12:30 | US | Core Personal Consumption Expenditure (QoQ) (4Q) | 2.3% | 2.7% | 2.8% |
| 12:30 | US | Gross Domestic Product Annualized (4Q) | 0.6% | 0.6% | 4.9% | |
| 23:30 | US | Fed's Mishkin speech | ||||
| 23:30 | NZ | Gross Domestic Product (QoQ) (4Q) | 0.8% | 0.5% | ||
| 23:30 | JP | Jobless Rate (Feb) | 3.8% | 3.8% | ||
| 23:30 | JP | National Consumer Price Index (YoY) (Mar) | 0.9% | 0.7% | ||
| 23:30 | JP | Overall Household Spending (YoY) (Feb) | 2.4% | 3.6% | ||