Tuesday, Aug 12, 15:00 GMT
ASIA-PACIFIC Trading Newsletter
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Forex Blogs
Recommended Readings
FX Path: AUD/USD Update by James Chen
Much like its dollar−based brethren, AUD/USD (a daily chart of which is shown) has recently been on a prolonged one−way road towards dollar strengthening.
The Advisor Blog: Majors for today by Valeria Bednarik
FX Market Readings: Traders' perceptions... by Dr. S. Sivaraman
Live Sessions Schedule
FX Instructor Live Trading Room
Expert: Mark De La Paz
Start: Wed, Aug 13, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading Break Out's And Other Market Views
Expert: Phil Newton
Start: Wed, Aug 13, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Aug 12, 15:00 GMT | Trading with Autochartist | Raghee Horner | WBN |  |
| Tue, Aug 12, 17:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Aug 13, 09:00 GMT | FX Instructor Live Trading Room | Mark De La Paz | WBN | |
| Wed, Aug 13, 10:00 GMT | Trading Break Out's And Other Market Views | Phil Newton | WBN | |
| Wed, Aug 13, 13:00 GMT | Profiting from Fear and Greed by trading against the crowd | David Rodríguez | WBN |  |
Current Session: U.S.
EUR/JPY
Daily FX Report − A growing dollar by Varengold Wertpapierhandelsbank AG
Since the beginning of May, the EUR/JPY has been trading in a bullish trend channel with a resistance at 169.77 and a support level at 164.64. The currency pair decreased in the least trading days and crossed the support level. This development might be a trend reversal.
- Gbp/Usd and Usd/Jpy for today by Valeria Bednarik, Analyst at MolFX − Management
- Forex Swing Trading, Low Risk / High Reward Trading In The Largest by Sam Seiden, Stocks, Futures, Forex and Options Trader Online Trading Academy
- Institutional Trading Strategies by John Jagerson, Founder Profiting With Forex
- Check out how pairs moved: Live Currency Rates & Charts
Other Topics for this Session:
Spot Forex Trades − 30pips EURUSD Mission Accomplished by ForexSurvivor
Currency Report
Mid−Day Forex Technical Report − Dollar Consolidates, a Short Term Top in Place? by ActionForex.com
Currencies at a Glance
- EUR/USD
- Moves up back around opening price level 1.4909 , below pivot level 1.4957
08/12/2008 14:07 GMT - GBP/USD
- Trades below first support level 1.9032
08/12/2008 14:07 GMT - USD/CHF
- Trades around first resistant level 1.0913
08/12/2008 14:07 GMT - USD/JPY
- Stays above pivot level 110.00
08/12/2008 14:07 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 INDUSTRIAL PRODUCTION S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Aug 13 | 09:00 | Industrial Production s.a. (MoM) | 0.1% | -1.9% |
| Aug 13 | 09:00 | Industrial Production w.d.a. (YoY) | 0.2% | -0.6% |
EMU economic indicators - EMU industrial production (June): more or less unchanged by BHF−Bank
EMU industrial production might have remained more or less unchanged in June, as the corresponding national figures showed mixed results.
[ Full Story ]Top Market Movers Review
US TRADE BALANCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 12 | 12:30 | Trade Balance | -$56.8B | -$61.5 | $59.2B |
DATA SNAP: US June Trade Gap Narrows On Big Export Gains (Dow Jones)
The U.S. trade deficit unexpectedly narrowed in June as exports registered their biggest gain in nearly four and a half years. The U.S. deficit in international trade of goods and services decreased 4.1% to $56.77 billion from May's revised $59.20 billion, the Commerce Department said Tuesday.
[ Full Story ]- Read the Trade Balance data at Census Bureau
- US June trade deficit narrows unexpectedly by 4.1% to $56.8 bln (Thomson Financial News)
- US Trade balance reduced deficit as exports gains in June (FXstreet.com)
- US Jun Trade Balance reduces its deficit to 56.800 B (FXstreet.com)
Forex Trading Strategies - US and Canadian trade data up today by Saxo Bank
US economic indicators - Trade deficit (June): noticeably wider due to surge in petroleum prices by BHF−Bank
Weekly Economic and Financial Commentary - Capital Spending: Modest Growth in June by Wachovia
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 12 | 12:30 | CA | International Merchandise Trade (Jun) | $5.8B | $5.8B | $5.2B |
| 12:30 | US | Trade Balance (Jun) | $-56.8B | -$61.5 | $59.2B |
|
| 18:00 | US | Monthly Budget Statement (Jul) | -82.70 | 50.73 | ||
| 21:00 | US | ABC/Washington Post Consumer Confidence (Aug 10) | -49 | |||
| 22:45 | NZ | Producer Price Index − Input (QoQ) (2Q) | 2.3% | |||
| 22:45 | NZ | Producer Price Index − Output (QoQ) (2Q) | 1.8% | |||
| 23:50 | JP | Adjusted Current Account (Jun) | ¥1084.0B | ¥2000.6B | ||