Monday, Apr 20, 16:11 GMT
ASIA-PACIFIC Trading Newsletter
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- WEBINAR VIDEOS: How To Identify And Trade A Wide Range by Steve Misic
- All the events of the day in our Economic Calendar
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Forex Blogs
The Advisor Blog: No relief for Euro by Valeria Bednarik
As expected, Wall Street is falling down and dollar running high. Euro has breached under the 1.2900 and despite oversold state in all time frames from 4 hours to 15 minutes, no signs of an upturn yet. I expect the pair approach to the 1.2860 zone before attempting a recovery.
CEO's Weblog: We have dates for International Traders Conference ITC 2009 - October 14/16 by Francesc Riverola
Chartology: Part Two of Chart Pattern Trading webinar by Raghee Horner
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Live Sessions Schedule
The Weather Report: Ichimoku Cloud Trading
Expert: Chris Capre
Start: Tue, Apr 21, 14:00 GMT
Type of Session: Webinar
Trading with Autochartist
Expert: Raghee Horner
Start: Tue, Apr 21, 15:00 GMT
Type of Session: Webinar
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| Mon, Apr 20, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Tue, Apr 21, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, Apr 21, 14:00 GMT | The Weather Report: Ichimoku Cloud Trading | Chris Capre | WBN |  |
| Tue, Apr 21, 15:00 GMT | Trading with Autochartist | Raghee Horner | WBN | |
| Tue, Apr 21, 16:00 GMT | Identifying the weekly fundamental trend of EURUSD | Javier Paz | WBN | |
Current Session: U.S.
EUR/USD falls to 1.2888, fresh one−month low
FXstreet.com − EUR/USD has fallen around 100 pips from 1.2985, ahead the US opening bell, to reach 1.2888, fresh 1−month low. Currently, the pair is trading around 1.2900/10 range. The pair has lost 0.80% so far today from opening price at 1.3186 to reach this lowest monthly levels.
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GBP/USD
Dollar continues extending the bullish bias across the board by FXstreet.com Independent Analyst Team
With Wall Street lower and breaking key support levels, dollar continues extending the bullish bias across the board, except against Japanese Yen. Commodities currencies are also falling heavily. Euro breaks under the 1.2900 and continues hovering around that zone, with a probable target for today around 1.2860 zone
USD/CHF
USD/CHF: Bullish strength remains intact in the pair by FXstreet.com Independent Analyst Team
Bullish strength remains intact in the pair, and the pair is consolidating close to today's high, moving since past Asian opening in a tight range. Above 1.1716 that continues to be today's high, also a previous weekly high and the pair could continue dominant trend.
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
UK CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Apr 21 | 08:30 | Consumer Price Index (YoY) | 2.9% | 3.2% |
| Apr 21 | 08:30 | Core Consumer Price Index (YoY) | 1.5% | 1.6% |
| Apr 21 | 08:30 | Consumer Price Index (MoM) | - | 0.9% |
Friday Notes - UK, CPI: Inflation to resume downward trend by UniCredit Group
Following the unexpected acceleration in February, mostly driven by higher core and food prices, UK headline inflation should edge down again in March. We expect a slowdown to 2.9% from the 3.2% recorded in February.
[ Full Story ]Top Market Movers Review
US LEADING INDICATORS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 20 | 14:00 | Leading Indicators (MoM) | -0.3% | -0.2% | -0.4% |
US March Leading Index Down 0.3%, More Than Expected (Dow Jones)
The March index of leading index indicated a weaker economy ahead. The leading index declined 0.3%. The leading index has not risen for nine consecutive months. The recession may continue through the summer, but the intensity will ease.
[ Full Story ]- UPDATE: US March Leading Index Down 0.3%, More Than Expected (Dow Jones)
- US Mar Leading Indicators: −0.3% vs −0.4% (FXstreet.com)
Friday Notes - Leading Indicators: The index is not yet signalling recovery by UniCredit Group
Canada CANADIAN INVESTMENT IN FOREIGN SECURITIES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 20 | 12:30 | Foreign investment in Canadian securities | $16.542B | - | $10.430B |
| Apr 20 | 12:30 | Canadian Investment in Foreign Securities | -$7.102B | - | $4.180B |
Forex: USD/CAD rises higher after Foreign Securities Transaction data (FXstreet.com)
USD/CAD has inched higher after Statistics Canada released February's Foreign Investments Transaction data. The Dollar has risen 1.41% above the 1.2138 opening price to reach levels slightly above 1.2300 level.
[ Full Story ]- Read the TICs data at Statistics Canada
- Foreigners invested C$16.542B in Canadian securities in Feb (FXstreet.com)
- Canadian bought C$7.102B in Foreign Securities in Feb (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 20 | 12:30 | CA | Foreign investment in Canadian securities (Feb) | $16.542B | $10.430B | |
| 14:00 | US | Leading Indicators (MoM) (Mar) | -0.3% | -0.2% | -0.4% | |
| 22:45 | NZ | Visitor Arrivals (Mar) | 2.9% | |||
| Apr 21 | 06:00 | DE | Producer Price Index (MoM) (Mar) | -0.3% | -0.5% | |
| 06:00 | DE | Producer Price Index (YoY) (Mar) | 0.9% | |||
| 08:30 | UK | Consumer Price Index (MoM) (Mar) | 0.9% | |||
| 08:30 | UK | Consumer Price Index (YoY) (Mar) | 2.9% | 3.2% | ||