Tuesday, Nov 18, 16:49 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Webinar Videos: Trading Break Out's And Other Market Views by Phil Newton
- All the events of the day in our Economic Calendar
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Rates and charts new section
Chart Station by Netdania/FXCM micro in the place!
Compare up to 22 different pairs at the same time, detach them, move them around, see them full screen size... and much more!
7 chart types, 13 different time frames, flexible line tools and 23 technical indicators that can be laid over the price action.
Forex Blogs
The Advisor Blog: Some more technical education by Valeria Bednarik
While majors decide where to go, maybe you like to read some more technical basic concepts. Hope you enjoy! As many of you have read before, Forex is the most amazing and popular electronic financial market: It moves 1.5 trillion dollars a day, what NY Stocks market moves in a year.
FxBootcamp: Pre London Outlook November 18th 2008 by Wayne McDonell
Forex Trading Today: Our relationship may be "Crude"... but it works for Us!
Live Sessions Schedule
FX Instructor Live Trading Room
Expert: Mark De La Paz
Start: Wed, Nov 19, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading Break Out's And Other Market Views
Expert: Phil Newton
Start: Wed, Nov 19, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Nov 18, 18:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Nov 19, 10:00 GMT | FX Instructor Live Trading Room | Mark De La Paz | WBN | |
| Wed, Nov 19, 11:00 GMT | Trading Break Out's And Other Market Views | Phil Newton | WBN | |
| Wed, Nov 19, 12:00 GMT | Advanced Methods for Finding Dominant Trends in Forex Markets | Mark Whistler | WBN |  |
| Wed, Nov 19, 13:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
Current Session: U.S.
USD/CAD
Mid−Day Forex Technical Report − Forex Markets in Tight Range Despite Surprises in US and UK Inflation Data by ActionForex.com
US/CAD continues to stay in established tight range below 1.2445 today and with an intraday top in place, further choppy sideway trading could be seen. But after all, since correction from 1.3015 should have completed at 1.1464, ahead of 50% retracement of 0.9823 to 1.3015 at 1.1419, further rise is still expected to retest this 1.3015 high.
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EUR/USD
Daily Technical Strategist − EURUSD: Develops Symmetrical Triangle Within Its Broader Sideways Range by FXTechstrategy
EURUSD: Develops Symmetrical Triangle Within Its Broader Sideways Range− Having maintained a trading range between the 1.2330 level, its YTD low, and the 1.3259/98 levels
EUR/GBP
FX Market Update − EUR/GBP by Danske Bank A/S
Sharp increase in EUR/GBP implied volatility and risk reversal: Implied volatilities increased in most currency pairs, especially in EUR/GBP, reflecting high realised volatility. At the same time, the EUR/GBP risk reversal jumped to the highest level seen in five years.
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, i-knowindices.com, Mizuho Corporate Bank, MolFX - Management
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
GBP USD, Hourly
EUR USD, Hourly
Top Market Movers Preview
US CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Nov 19 | 13:30 | Consumer Price Index Ex Food & Energy (MoM) | 0.2% | 0.1% |
| Nov 19 | 13:30 | Consumer Price Index (YoY) | 4.1% | 4.9% |
| Nov 19 | 13:30 | Consumer Price Index Ex Food & Energy (YoY) | 2.4% | 2.5% |
| Nov 19 | 13:30 | Consumer Price Index (MoM) | -0.8% | 0.0% |
US economic indicators - PPI and CPI (Oct): sharp declines due to correction in energy prices by BHF−Bank
Falling energy prices will have had a major impact on October inflation data. We already know that import prices fell by 4.7% mom. The annual rates are falling rapidly, and CPI could be below 2% yoy at the end of Q1/2009.
[ Full Story ]Top Market Movers Review
US PRODUCER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 18 | 13:30 | Producer Price Index (MoM) | -2.8% | -1.8% | -0.4% |
| Nov 18 | 13:30 | Producer Price Index ex Food & Energy (YoY) | 4.4% | 4.0% | 4.0% |
| Nov 18 | 13:30 | Producer Price Index (YoY) | 5.2% | 6.2% | 8.7% |
| Nov 18 | 13:30 | Producer Price Index ex Food & Energy (MoM) | 0.4% | 0.1% | 0.4% |
DATA SNAP: US PPI Posts Record Drop As Commodity Prices Slide (Dow Jones)
U.S. producer prices posted a record drop last month, sliding for a third straight month as raw material and energy prices tumbled. While core prices remained higher, price pressures deeper in the production pipeline continued to decline sharply.
[ Full Story ]- Read the PPI data at Labor Department
- UPDATE: US PPI Posts Record Drop As Commodity Prices Slide (Dow Jones)
- INSTANT VIEW 6−US Oct producer prices fall record 2.8 pct (Thomson Financial News)
- UPDATE 1−US October producer prices fall by record 2.8 pct (Thomson Financial News)
Mid−Day Forex Technical Report − Forex Markets in Tight Range Despite Surprises in US and UK Inflation Data by ActionForex.com
US economic indicators - PPI and CPI (Oct): sharp declines due to correction in energy prices by BHF−Bank
TIC Report Explains Dollar RallyHigher Core Prices Will Not Stop the Fed From Easing Rates in DecemberHigher Core Prices Will Not Stop the Fed From Easing Rates in December by GFT (Global Forex Trading)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 18 | 14:30 | US | Fed's Bernanke testifies | |||
| 14:30 | US | Treasury Secretary Paulson speech | ||||
| 18:00 | US | NAHB Housing Market Index (Nov) | 14 | 14 | ||
| 18:30 | EMU | ECB Trichet's Speech | ||||
| 21:45 | NZ | Producer Price Index − Input (QoQ) (3Q) | 5.6% | |||
| 21:45 | NZ | Producer Price Index − Output (QoQ) (3Q) | 3.5% | |||
| 22:00 | US | ABC/Washington Post Consumer Confidence (Nov 16) | -49 | -50 | ||