Monday, May 19, 16:05 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Webinar videos: The Weather Report: Ichimoku Cloud Trading by Chris Capre
- Forex, schaff & manual indicators by Doug Schaff at FXâStrategy
- The USD is being appreciated afther the release of leadiing indicators
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
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, May 20, 08:00 GMT
Sponsored by: 
Type of Session: Webinar
Dan Blystone's Daily Briefing
Expert: Dan Blystone
Start: Tue, May 20, 12:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, May 19, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Tue, May 20, 08:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, May 20, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, May 20, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
| Tue, May 20, 12:30 GMT | Dan Blystone's Daily Briefing | Dan Blystone | WBN | |
Current Session: U.S.
EUR/USD
Daily Analysis − Dollar on a downturn on worsening housing data by Finotec Group Inc.
The dollar is currently trading at $1.5578 per euro at 7:35 am, GMT from $1.5577 late in New York on May the 16th, when it fell to $1.5601, the lowest since May 1. Against the pound, the dollar is currently trading at $1.9558 from $1.9571 at the end of last week when it reached a one−week low of $1.9598.
- 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
Weekly Analysis
Weekly Technical Commentary by Mizuho Corporate Bank
Currency Performance
Currency Performance Report − Europe Session Performance by FXstreet.com
Currencies at a Glance
- EUR/USD
- Drops below first support level 1.5486
05/19/2008 15:30 GMT - GBP/USD
- Drops below first support level 1.9463
05/19/2008 15:31 GMT - USD/CHF
- Moves up above first resistant level 1.0560
05/19/2008 15:31 GMT - USD/JPY
- Moves up above pivot level 104.24
05/19/2008 15:31 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 ZEW SURVEY − ECONOMIC SENTIMENT
| Date (GMT) | Event | Cons. | Previous | |
| May 20 | 09:00 | ZEW Survey − Economic Sentiment | -44.2 | -44.8 |
| May 20 | 09:00 | ZEW Survey − Economic Sentiment | -37.0 | -40.7 |
EMU economic indicators - German ZEW economic sentiment is likely to have remained unchanged in May by BHF−Bank
In May, the German ZEW economic sentiment and the German ifo business climate index are likely to have remained more or less stable, given that they had plummeted in April. Most of the correlated ifo indicators have deteriorated, but the US ISM manufacturing index has stabilized recently.
[ Full Story ]Top Market Movers Review
US LEADING INDICATORS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 19 | 14:00 | Leading Indicators (MoM) | 0.1% | -0.1% | 0.1% |
US Conference Board: Apr Leading Index +0.1% (Dow Jones)
The U.S. economy appears to be skirting an outright recession, according to a report released Monday. The Conference Board, a private research group, reported that its index of leading economic indicators rose by an as−expected 0.1% in April to a reading of 102.0, matching the gain seen in March.
[ Full Story ]- Read the Leading Indicators data at Conference Board
- UPDATE: Conference Bd Report Tilts Against US Recession Fear (Dow Jones)
- Leading indicators show economy remains sluggish (Thomson Financial News)
- Dollar Hits Intra−Day High Vs Euro After US Data (Dow Jones)
The Week Ahead - PPI, FOMC Minutes, Existing Home Sales, Leading Indicators and Jobless Claims by BBVA Bancomer
US economic indicators - Leading indicators will still signal economic recession in April by BHF−Bank
Friday Notes - US Index of leading indicators: Data point to sluggish US economy by HVB Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| May 19 | 00:00 | CA | Victoria Day Market Holiday | |||
| 14:00 | US | Leading Indicators (MoM) (Apr) | 0.1% | -0.1% | 0.1% | |
| 23:50 | JP | Tertiary Industry Index (MoM) (Mar) | 0.5% | -1.7% | ||
| May 20 | 01:30 | AU | RBA Meeting's Minutes | |||
| 04:00 | JP | BoJ Interest Rate Decision | 0.5% | 0.5% | ||
| 05:00 | JP | Coincident Index (Mar) | 70% | |||
| 05:00 | JP | Leading Economic Index (Mar) | 54.5 | |||