Friday, Apr 11, 16:00 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Webinar videos: Trend Trading - Part 1: Elements of Trend Trading in FX and Futures Markets by Don Wilcox
- Live Charts Window: 100 charts in real−time and a vast range of technical indicators
- ECB and BoE − Review of Apr 10 meetings by FXstreet.com
- ITC 2008 − Barcelona October 29th to 31st. Visit our website!
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Live Sessions Schedule
Understand & Use Fibonacci Ratio's Effectively
Expert: Sunil Mangwani
Start: Mon, Apr 14, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Apr 14, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Apr 14, 10:00 GMT | Understand & Use Fibonacci Ratio's Effectively | Sunil Mangwani | WBN | |
| Mon, Apr 14, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Apr 14, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
| Mon, Apr 14, 15:00 GMT | Advanced Methods for Finding Dominant Trends in Forex Markets  | Steve Primo | WBN |  |
| Mon, Apr 14, 16:00 GMT | The Currency Ramifications of a US Recession | Joseph Trevisani | WBN | |
Current Session: U.S.
EUR/USD
Currency Majors Technical Analysis − EUR USD moves without trend by Mataf.net
1,5829. EUR USD is in a range between 1,5730 and 1,5900. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend daily, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position.
- Covered Carry Trades 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
Other Topics for this Session:
FX Thoughts for the Day − FX Thoughts for the day − Evening − 11−Apr−2008....1228 GMT by Kshitij Consultancy Service
FX' Signal
Trade Signals − Matsys D Trade Signals by Fxwintrades
Top Market Movers Preview
EMU INDUSTRIAL PRODUCTION S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Apr 14 | 09:00 | Industrial Production w.d.a. (YoY) | - | 3.8% |
| Apr 14 | 09:00 | Industrial Production s.a. (MoM) | - | 0.9% |
Friday Notes - Recession fears spreading to Europe by HVB Group
After the nice January rebound, EMU industrial production should have remained virtually flat in February. Unless the index posts a significant correction in March, industrial output should accelerate moderately in Q1 2008, compensating for the deceleration recorded in the final quarter of 2007.
[ Full Story ]Top Market Movers Review
US REUTERS/MICHIGAN CONSUMER SENTIMENT INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 11 | 14:00 | Reuters/Michigan Consumer Sentiment Index | 63.2 | 69.0 | 69.5 |
Reuters/Univ Michigan Mid−April Sentiment 63.2, 26−Yr Low (Dow Jones)
Consumer confidence levels plunged as of the middle of April to a 26−year low, with both the one− and five year inflation outlooks also deteriorating. The Reuters/University of Michigan consumer sentiment survey for the middle of April saw the overall index decrease to 63.2, from 69.5 in March.
[ Full Story ]- US early April Reuters/Michigan sentiment falls to 63.2, lowest in 26 yrs UPDATE (Thomson Financial News)
- US early April Reuters/Michigan consumer sentiment falls to 63.2 vs 68.0 seen (Thomson Financial News)
- US Reuters/ U. Michigan Consumer Sentiment Index deteriorates in April (FXstreet.com)
US IMPORT PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 11 | 12:30 | Import Price Index (MoM) | 2.8% | 1.9% | 0.2% |
| Apr 11 | 12:30 | Import Price Index (YoY) | 14.8% | 13.6% | 13.6% |
US Import Prices Ex−Oil Make Biggest Climb On Record (Dow Jones)
Import prices surged in March, lifted by not only oil but also the biggest jump in non−petroleum costs on record, a worrisome sign for inflation. Overall import prices rose 2.8% last month, after increasing an unrevised 0.2% in February, the Labor Department said Friday.
[ Full Story ]- Read the Import and Export Price Indexes data at Labor department
- US March import prices rise 2.8 pct vs 1.8 pct rise expected (Thomson Financial News)
- US import prices grow above expectations in March (FXstreet.com)
- US Import Price Index rises to 2.8% in Mar; 14.8% up year on year (FXstreet.com)
Currencies at a Glance
- EUR/USD
- Continues to trade above pivot level 1.5792
04/11/2008 15:49 GMT - GBP/USD
- Back around opening price level 1.9707 , below pivot level 1.9751
04/11/2008 15:50 GMT - USD/CHF
- Trades below pivot level 1.0018
04/11/2008 15:50 GMT - USD/JPY
- Trades below pivot level 101.35
04/11/2008 15:51 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 | |
| Apr 11 | 12:30 | US | Import Price Index (YoY) (Mar) | 14.8% | 13.6% | 13.6% |
| 14:00 | US | Reuters/Michigan Consumer Sentiment Index (Apr)  | 63.2 | 69.0 | 69.5 | |
| Apr 12 | 00:00 | G7 Meeting | ||||
| Apr 13 | 23:50 | JP | BoJ Minutes | |||
| Apr 14 | 01:30 | AU | Home Loans (Feb) | 2.3% | ||
| 01:30 | AU | Investment Lending (Feb) | 8.3% | |||
| 08:30 | UK | Producer Price Index − Input (MoM) s.a (Mar) | 1.7% | |||