Wednesday, Dec 24, 16:46 GMT
ASIA-PACIFIC Trading Newsletter
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Live Sessions Schedule
Doing Dealer Due Diligence
Expert: John Jagerson
Start: Mon, Dec 29, 14:00 GMT
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Dec 29, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Dec 29, 14:00 GMT | Doing Dealer Due Diligence | John Jagerson | WBN |  |
| Mon, Dec 29, 15:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
| Mon, Dec 29, 16:00 GMT | How to Get Started Trading Forex | Mark Whistler | WBN | |
| Tue, Dec 30, 12:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Mon, Jan 5, 10:00 GMT | Understand & Use Fibonacci Ratios Effectively | Sunil Mangwani | WBN |  |
Current Session: U.S.
EUR/CHF − USDCHF
Dollar Indifferent to Mixed US Data, Swissy Climbs Further
ActionForex.com − Technically speaking, not much is worth noting as markets are staying in range in general. Though, Swissy continues to be a stronger one in a quiet markets. EUR/CHF dives further to as low as 1.5012 after taking out mentioned 1.5163 support. As discussed before, break of this support level argues that whole rebound from 1.4315 has completed at 1.5880. Having said that, deeper decline is expected to be seen towards retesting this low. And as mentioned before, the Swissy might be taking over Euro's leading strength against other majors.
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EUR/USD
EUR/GBP: To parity or not to parity? by Danske Bank A/S
A year ago, parity in EUR/GBP was a distant fantasy. Now, traders attach more than 30% probability that the pair will rise above 1.00 within three months. But how severe is the situation for the pound? Why has sterling ended up being the least wanted G10 currency in 2008? What would it take to push sterling the final step above the 'magic' parity? Is it likely to happen?
USD/CAD
Daily Market Commentary − US Dollar: Unfazed By Economic Data by GFT (Global Forex Trading)
The currency in play for the next 24 hours will be the USD/CAD. Canada is set to release its GDP at 8:30AM EST or 13:30GMT.
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 Review
US DURABLE GOODS ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Dec 24 | 13:30 | Durable Goods Orders | -1.0% | -3.0% | -6.2% |
| Dec 24 | 13:30 | Durable Goods Orders ex Transportation | 1.2% | -3.0% | -4.4% |
U.S. durable goods orders fall again in November (Thomson Financial News)
New U.S. orders for long−lasting manufactured goods fell 1 percent in November, a less severe drop than anticipated though it followed a steeply revised plunge in October orders, a government report on Wednesday showed.
[ Full Story ]- Read the official data at US Census Bureau
- US ECON: Nov Durable Goods Down 1.0%, Oct Orders Revised Down Sharply (Thomson Financial News)
- TABLE−U.S. Nov durable goods orders fell 1.0 pct (Thomson Financial News)
- DATA SNAP: US Nov Durables Drop Less Than Expected (Dow Jones)
US INITIAL JOBLESS CLAIMS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Dec 24 | 13:30 | Initial Jobless Claims | 586K | - | 554K |
| Dec 24 | 13:30 | Continuing Jobless Claims | 4370K | - | 4384K |
US new jobless claims surge to 26−year high (Thomson Financial News)
The number of U.S. workers filing new claims for jobless benefits jumped by 30,000 to a 26−year peak last week, government data on Wednesday showed, as the country's year−long recession continued to chill the labor market.
[ Full Story ]- Read the unemployment insurance weekly claims report at US Department of Labor
- INSTANT VIEW 2−U.S. jobless claims at 26−yr high; spending down (Thomson Financial News)
- UPDATE 1−US jobless claims surge to 26−year high (Thomson Financial News)
- INSTANT VIEW 1−U.S. jobless claims at 26−yr high; spending down (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Dec 24 | 13:30 | US | Core Personal Consumption Expenditure − Prices Index (MoM) (Nov) | -1.1% | 0.0% | 0.0% |
| 13:30 | US | Core Personal Consumption Expenditure − Prices Index (YoY) (Nov) | 1.4% | 2.0% | 2.1% | |
| 23:50 | JP | BoJ Minutes | ||||
| 23:50 | JP | Corporate Service Price (YoY) (Nov) | -1.9% | -1.4% | ||
| Dec 25 | 05:00 | JP | Annualized Housing Starts (Nov) | 1030.000M | 1.027M | |
| 05:00 | JP | Construction Orders (YoY) (Nov) | 47.2% | |||
| 05:00 | JP | Housing Starts (YoY) (Nov) | 7.9% | 19.8% | ||