Wednesday, Aug 27, 15:52 GMT
ASIA-PACIFIC Trading Newsletter
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Forex Blogs
Recommended Readings
FX Path: USD/JPY Update by James Chen
As of very early Wednesday (New York session), price on the USD/JPY daily chart, as shown, has once again come close to approaching key support around the 108.50 region this morning during European session.
The Trader's Edge: EUR/USD Wave Count by Ross Yamashita
1st on Forex: Dollar Continues Gains − Technical's Good − Fundamentals Mixed by Jerry Furst
Live Sessions Schedule
Live Look at Today's Markets
Expert: Derek Frey
Start: Wed, Aug 27, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
Watch Live Coverage of the US GDP
Expert: Jerry Furst
Start: Thu, Aug 28, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Aug 27, 15:00 GMT | Institutional Trading Strategies  | Andrei Pehar | WBN |  |
| Wed, Aug 27, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Thu, Aug 28, 11:30 GMT | Watch Live Coverage of the US GDP | Jerry Furst | WBN | |
| Thu, Aug 28, 15:00 GMT | How to Get Started Trading Forex | Mark Whistler | WBN | |
| Thu, Aug 28, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
Current Session: U.S.
GBP/JPY
Daily FX Report − The USD dipped against the EUR this morning by Varengold Wertpapierhandelsbank AG
The GBP/JPY established a strong downward trend at the beginning of August. The trend channel was broken once through the upper line and once through the bottom trend line. Both breaks were not sustained, and the market continued on with its downard trend. If there is no sustained break through one of these lines, the market could keep on falling.
- 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:
Currency Majors Technical Analysis by Mataf.net
Bank's Report
Forex Trading Strategies − USD Bulls not Satisfied Post FOMC Minutes by Saxo Bank
Strategy Report
Daily Technical Strategist − EURUSD: EUR's LT Rising Trendline Provides Support, Downside Weakness Remains by FXTechstrategy
Forex Analysts' Blog
EURO and GBP are expected to swing and spike up by Dr. S. Sivaraman, of i−knowindices.com
Currencies at a Glance
- EUR/USD
- Trades above pivot level 1.4662
08/27/2008 15:30 GMT - GBP/USD
- Moves down towards first support level 1.8307
08/27/2008 15:30 GMT - USD/CHF
- Trades below pivot level 1.1011
08/27/2008 15:31 GMT - USD/JPY
- Continues to move up above pivot level 109.56
08/27/2008 15:35 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 UNEMPLOYMENT RATE S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Aug 28 | 07:55 | Unemployment Change | -10K | -20K |
| Aug 28 | 07:55 | Unemployment Rate s.a. | 7.8% | 7.8% |
EMU economic indicators - German adjusted unemployment (August): unchanged at best by BHF−Bank
German adjusted unemployment might have remained unchanged at best in August, after having fallen by 20k in July. The favourable labour market development has come to an end.
[ Full Story ]Top Market Movers Review
Germany CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 27 | 14:35 | Consumer Price Index (MoM) | -0.3% | -0.2% | 0.6% |
| Aug 27 | 14:35 | Consumer Price Index (YoY) | 3.1% | 3.2% | 3.3% |
4th UPDATE:German Preliminary Aug CPI −0.3% On Mo,+3.1% On Yr (Dow Jones)
German inflation lost some of its strong momentum in August as price pressures stemming from seasonal markups for leisure services and heating oil prices declined, the monthly flash estimate based on data from six of the country's federal states showed Wednesday.
[ Full Story ]- Read the CPI data at German Statistics
- Lee el dato oficial en German Statistics
- 5th UPDATE:German Preliminary Aug CPI −0.3% On Mo,+3.1% On Yr (Dow Jones)
- German August preliminary CPI down 0.3 pct from July, up 3.1 pct yr−on−yr UPDATE (Thomson Financial News)
- German Prelim Aug Consumer Price Index (MoM) down by 0.3%, +3.1% (YoY) (FXstreet.com)
FX Briefing - Inflation in Germany eases slightly by BHF−Bank
US DURABLE GOODS ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 27 | 12:30 | Durable Goods Orders | 1.3% | 0.1% | 1.3% |
| Aug 27 | 12:30 | Durable Goods Orders ex Transportation | 0.7% | -0.5% | 2.4% |
US: Durable Goods Orders Higher Than Expected by Wachovia
Durable goods orders gained 1.3 percent in June, despite expectations for no change. A pop in aircraft orders helped; ex−transportation, orders were up 0.7 percent. Nondefense capital goods orders ex−aircraft were up 2.6 percent.
[ Full Story ]- Read the Durable Goods Orders data at Census Bureau
- Dollar Boosted By July US Goods Orders, Still Down On Day (Dow Jones)
- US July durable goods orders rise 1.3% vs. 0.1% rise expected (Thomson Financial News)
- DATA SNAP: US Jul Durable Goods Unexpectedly Climb (Dow Jones)
Mid−Day Forex Technical Report − Yen Lower after Strong US Durables, Dollar Pressured by Oil by ActionForex.com
US economic indicators - Durable goods orders will have gone up slightly by 0.2% mom in July by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 27 | 14:35 | DE | Consumer Price Index (YoY) (Aug)  | 3.1% | 3.2% | 3.3% |
| 14:35 | DE | Consumer Price Index (MoM) (Aug) | -0.3% | -0.2% | 0.6% | |
| Aug 28 | 00:00 | AU | Conference Board Australia Leading Index (Jun) | -0.1% | ||
| 01:30 | AU | Private Capital Expenditure (2Q) | 2.0% | -2.5% | ||
| 03:00 | NZ | M3 Money Supply (YoY) (Jul) | 7.4% | |||
| 06:00 | DE | ILO Unemployment Rate (Jul) | 7.3% | |||
| 07:15 | CH | Employment Level (QoQ) (2Q) | 3.91M | 3.90M | ||