Tuesday, Jun 03, 16:00 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Webinar videos: How New US Regulations on the Financial Markets will Affect Currency Trading by Rob Booker
- EURO and GBP rise − not a surprise to us by Dr. S. Sivaraman
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Live Sessions Schedule
FX Instructor Live Trading Room
Expert: Mark De La Paz
Start: Wed, Jun 4, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading Break Out's And Other Market Views
Expert: Phil Newton
Start: Wed, Jun 4, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Jun 3, 16:00 GMT | Profitable Day Trading in the Forex and Related Markets Series: Chapter I | Markus Heitkoetter | WBN |  |
| Tue, Jun 3, 17:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Jun 4, 09:00 GMT | FX Instructor Live Trading Room | Mark De La Paz | WBN | |
| Wed, Jun 4, 10:00 GMT | Trading Break Out's And Other Market Views | Phil Newton | WBN | |
| Wed, Jun 4, 11:00 GMT | Commodity channel index system | Valeria Bednarik | WBN |  |
Current Session: U.S.
EUR/USD
Mid−Day Forex Technical Report − Dollar Surges as Fed's Attentive to its Weakness by ActionForex.com
EUR/USD's rebound from 1.5462 was limited at 1.5628, below mentioned 1.5665 resistance as expected. Subsequent sharp fall from there pushed EUR/USD through 1.5462, indicating that the whole decline from 1.5818 has resumed. As discussed before, the current fall from 1.5818 is treated as resumption of the whole decline from 1.6019.
- Dan Blystone's Daily Briefing − Weninar
- Trading with Bollinger Bands and the ATR 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
Other Topics for this Session:
Currency Majors Technical Analysis by Mataf.net
Currency Performance
Currency Performance Report − Europe Session Performance by FXstreet.com
Currencies at a Glance
- EUR/USD
- Drops below second support level 1.5433
06/03/2008 15:28 GMT - GBP/USD
- Moves down back below pivot level 1.9679
06/03/2008 15:30 GMT - USD/CHF
- Moves up above first resistant level 1.0439
06/03/2008 15:31 GMT - USD/JPY
- Moves up above first resistant level 105.30
06/03/2008 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
EMU PURCHASING MANAGER INDEX SERVICES
| Date (GMT) | Event | Cons. | Previous | |
| Jun 4 | 08:00 | Purchasing Manager Index Services | 50.6 | 52.0 |
| Jun 4 | 07:55 | Purchasing Manager Index Services | 53.7 | 54.9 |
EMU economic indicators - ECB set to keep refi rate unchanged by BHF−Bank
The RBS purchasing managers' indices for the German and the EMU manufacturing sector for May are not likely to be revised significantly. The same applies to the EMU GDP in Q1. The detailed breakdown of the GDP components will also be published.
[ Full Story ]Top Market Movers Review
US FACTORY ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 3 | 14:00 | Factory Orders | 1.1% | -0.1% | 1.5% |
DATA SNAP: US Apr Factory Orders Surge By Surprise (Dow Jones)
Factory orders unexpectedly surged in April and a barometer of capital spending by U.S. businesses also jumped, according to government data giving the limping manufacturing sector a pleasant surprise.
[ Full Story ]- Read the Factory Orders data at Census Bureau
- US April factory orders up 1.1 pct, ex−transportation up 2.6 pct (Thomson Financial News)
- US Factory orders beat expectations in April (FXstreet.com)
- US Factory Orders increase 1.1% in Apr; ex−transportation, 2.6% up (FXstreet.com)
Daily Analysis - Dollar could fall on low factory orders by Finotec Group Inc.
Weekly Forex Market Commentary - The factory goods orders report for April is due on Tuesday by Global Forex Trading
US FED'S BERNANKE SPEECH
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 3 | 13:00 | Fed's Bernanke Speech | - | - | - |
Bernanke says Fed carefully monitoring dollar's impact on inflation (Thomson Financial News)
The Federal Reserve is paying close attention to the foreign exchange markets and the decline of the dollar, because of its implications for U.S. growth and inflation, Fed chairman Ben Bernanke said today.
[ Full Story ]- Bernanke comments spark dollar rally (Thomson Financial News)
- Bernanke says Fed 'attentive' to dollar's impact on inflation UPDATE (Thomson Financial News)
- European govt bonds under further pressure on Bernanke comments (Thomson Financial News)
Mid−Day Forex Technical Report − Dollar Surges as Fed's Attentive to its Weakness by ActionForex.com
Asia Market Update - USD mixed ahead of Bernanke speech by TradeTheNews.com
Daily Forex Technical Report − RBA on Hold, Bernanke Watched by ActionForex.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 3 | 13:00 | JP | BoJ's Governor Shirakawa Speech | |||
| 14:00 | US | Factory Orders (Apr) | 1.1% | -0.1% | 1.5% |
|
| 21:00 | US | ABC/Wash Post Consumer Confidence (Jun 3) | -51 | |||
| 23:01 | UK | Nationwide Consumer Confidence (May) | 67 | 70 | ||
| Jun 4 | 01:30 | AU | Gross Domestic Product (QoQ) (1Q) | 0.3% | 0.6% | |
| 01:30 | AU | Gross Domestic Product (YoY) (1Q) | 2.8% | 3.9% | ||
| 03:00 | NZ | ANZ Commodity Price (May) | -0.3% | |||