Wednesday, May 14, 15:57 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Webinar videos: The Importance of Trend Lines in Forex and How To Use Them by Sam Seiden
- Europe Session Performance by FXstreet.com
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Live Sessions Schedule
Live Look at Today's Markets
Expert: Derek Frey
Start: Wed, May 14, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
Dynamic Anti−Trend lines − Free Access Day
Expert: Sunil Mangwani
Start: Thu, May 15, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, May 14, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Thu, May 15, 10:00 GMT | Dynamic Anti−Trend lines − Free Access Day | Sunil Mangwani | WBN | |
| Thu, May 15, 11:00 GMT | FX Instructor Live Trading Room − Free Access Day | Mark De La Paz | WBN |  |
| Thu, May 15, 12:00 GMT | Range Bound and Trending Markets − Free Access Day | Adam Rosen | WBN |  |
| Thu, May 15, 12:30 GMT | Dan Blystone's Daily Briefing − Free Access Day | Dan Blystone | WBN | |
Current Session: U.S.
USD/CHF
Mid−Day Forex Technical Report − Dollar Rally Limited by Tamer CPI by ActionForex.com
USD/CHF's rise from 1.0388 stalls below 1.0623 and is still staying in established tight range. Intraday outlook remains neutral for the moment as further consolidation could still be seen. Nevertheless, with bearish divergence condition in 4 hours MACD and RSI, rise from 0.9995 could have already completed at 1.0623.
- Dan Blystone's Daily Briefing at 12:30 GMT/08:30 EDT
- Using CCI and Stochastics For Long and Short Term Forex Trading by Sam Seiden, Stocks and Commodities Instructor
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Currency Performance
Currency Performance Report − Europe Session Performance by FXstreet.com
FX Analysts' Comments
Consumer Inflation up only 0.2% − Right! by Jerry Furst, Director Investors Education Network
Currencies at a Glance
- EUR/USD
- Back above first support level 1.5414
05/14/2008 13:55 GMT - GBP/USD
- Trades below opening price level 1.9451 , below pivot level 1.9486
05/14/2008 13:55 GMT - USD/CHF
- Moves up above first resistant level 1.0580
05/14/2008 13:55 GMT - USD/JPY
- Moves up above first resistant level 105.31
05/14/2008 13:55 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
Top Market Movers Preview
Germany GROSS DOMESTIC PRODUCT S.A
| Date (GMT) | Event | Cons. | Previous | |
| May 15 | 06:00 | Gross Domestic Product n.s.a (YoY) | 1.4% | 1.6% |
| May 15 | 06:00 | Gross Domestic Product s.a (QoQ) | 0.7% | 0.3% |
| May 15 | 06:00 | Gross Domestic Product w.d.a (YoY) | 1.8% | 1.8% |
EMU economic indicators - German GDP is expected to have soared in Q1 by BHF−Bank
German GDP will probably have increased by at least 0.7% quarter−on−quarter in Q1 2008. Output in the producing sector and retail sales alone indicate a growth rate of even more than 1%. On 15 May, Destatis (the German Federal Statistical Office) is publishing a "flash release" on German GDP; a detailed breakdown of the components will follow on 27 May.
[ Full Story ]Top Market Movers Review
US CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 14 | 12:30 | Consumer Price Index Ex Food & Energy (MoM) | 0.1% | 0.2% | 0.2% |
| May 14 | 12:30 | Consumer Price Index Ex Food & Energy (YoY) | 2.3% | 2.4% | 2.4% |
| May 14 | 12:30 | Consumer Price Index (YoY) | 3.9% | 3.9% | 4.0% |
| May 14 | 12:30 | Consumer Price Index (MoM) | 0.2% | 0.3% | 0.3% |
Daily Fx Strategy - CPI Softens Dollar Rebound, to Boost Risk Appetite by CMC Markets
US CPI rose by a smaller than expected 0.2% while core CPI also by a weaker than expected 0.1% increase, translating into an annual rise of 3.9% and 2.9% in headline and core CPI.
[ Full Story ]- Read the Consumer Price Index data at Labor Department
- Forex − Dollar falls on soft U.S. inflation figures (Thomson Financial News)
- Dollar Falls Vs Rivals After US April CPI, Still Up On Day (Dow Jones)
- U.S. stock futures turn higher after April CPI data (Thomson Financial News)
Mid−Day Forex Technical Report − Dollar Rally Limited by Tamer CPI by ActionForex.com
Wakeup Call on Forex Markets - Watch out for CPI today by Saxo Bank
Daily Forex Technical Report − Focus Still on Inflation by ActionForex.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| May 14 | 12:30 | US | Consumer Price Index Ex Food & Energy (MoM) (Apr) | 0.1% | 0.2% | 0.2% |
| 14:30 | US | EIA Crude Oil Stocks change (May 10) | 0.2M | 5.7M | ||
| 22:45 | NZ | Retail Sales (MoM) (Mar) | -0.4% | -0.7% | ||
| 22:45 | NZ | Retail Sales ex Autos (MoM) (Mar) | -0.4% | 0.2% | ||
| 23:50 | JP | Core Machinery Orders (MoM) (Mar) | -5.2% | -12.7% | ||
| May 15 | 00:00 | NZ | NZD− Business NZ PMI (Apr) | 48.3 | ||
| 00:30 | AU | Consumer Inflation Report (May) | 11.2% | |||