Monday, Apr 27, 16:08 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Learning Center: New Contents has been released! Chapter 3 of Unit A - Understand the Mechanics. Read it now!
- 3 seats available for Rob Booker's special webinar series for a charitable cause on April 30 and May 1. Learn how to get one!
- WEBINAR VIDEOS: Identifying the weekly fundamental trend of EUR/USD by Javier Paz
- All the events of the day in our Economic Calendar
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Forex Blogs
Forex Trading Today: The Euro, Along with Most Majors, Continues Risk−Aversion by Tim Salem
Greetings again, Everyone! A brief Update about 10 minutes ahead of the NYSE Open… where we see Equity Futures down in the − 140.00's Areas… giving us clear Indications of Yen Crosses Correlation, and Yen and Dollar Strength in the Immediate−Term.
CEO's Weblog: Alpari (US) launches new futures division by Francesc Riverola
The Advisor Blog: Usd/Jpy continues breaking lower by Valeria Bednarik
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Live Sessions Schedule
The Weather Report: Ichimoku Cloud Trading
Expert: Chris Capre
Start: Tue, Apr 28, 14:00 GMT
Type of Session: Webinar
Trading with Autochartist
Expert: Raghee Horner
Start: Tue, Apr 28, 15:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Apr 27, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Tue, Apr 28, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, Apr 28, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
| Tue, Apr 28, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Tue, Apr 28, 14:00 GMT | The Weather Report: Ichimoku Cloud Trading | Chris Capre | WBN | |
Current Session: U.S.
Cable rises 0.16% on the day, close to above 1.4660
FXstreet.com − GBP/USD has recovered all of its initial losses and currently the pair is trading around 1.4665/75 after rising around 165 pips from 1.4526, in the early European session to 1.4692, intra−day high.
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USD/JPY
Forex Daily Analysis − Greenback is Knocked Down by the Swine Flu in Mexico by ForexYard
The sharp bearish move that took place during the past couple of days seems to have more steam in it. The RSI on the hourly charts is crossed above the 40 line, suggesting that the pair may fall further.
GBP/USD
U.S. Update: Sentiment leading the way by FXstreet.com Independent Analyst Team
Market could well remain uncertain and risk aversion high not only because the swine flu but also ahead of the U.S. banks stress test to be released next May 4th. Fears of more federal funding to avoid system crash, could keep both dollar and yen strong all along the week.
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
Germany CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Apr 28 | 06:00 | Consumer Price Index (YoY) | 0.8% | 0.5% |
| Apr 28 | 06:00 | Consumer Price Index (MoM) | 0.1% | -0.1% |
Friday Notes - Germany CPI: Strong disinflation process by UniCredit Group
The oil price recently recovered on increasing glimmers of hope for the global economy. Apart from gas prices, energy prices, therefore, should have risen in April, (temporarily) stalling the downward trend in headline inflation.
[ Full Story ]EMU economic indicators - German CPI inflation (April): increasing temporarily by BHF−Bank
Top Market Movers Review
UK BBA MORTGAGE APPROVALS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 27 | 08:30 | BBA Mortgage Approvals | 26.1K | 29.2K | 28.0K |
DATA SNAP: BBA: UK Mtge Lending, Approvals Weaken In March (Dow Jones)
U.K. mortgage lending and approvals weakened in March as the deepening recession weighed on confidence in the beleaguered housing market, data released by the British Bankers' Association showed Monday.
[ Full Story ]- 2nd UPDATE: BBA: UK Mtge Lending, Approvals Weaken In March (Dow Jones)
- UPDATE: BBA: UK Mortgage Lending, Approvals Weaken In March (Dow Jones)
- United Kingdom Mar BBA Mortgage Approvals down to 26.1K (FXstreet.com)
Germany GFK CONSUMER CONFIDENCE SURVEY
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 27 | 06:00 | Gfk Consumer Confidence Survey | 2.5 | 2.3 | 2.5 |
UPDATE: German Consumer Sentiment Weathers Bad News (Dow Jones)
German market research group GfK's forward−looking consumer climate index remained stable at 2.5 points for May, as consumers turn more optimistic about the economy and own finances.
[ Full Story ]- Read the Consumer Confidence survey at Gfk [text in German]
- 2nd UPDATE: German Consumer Mood Stable, Econ Impact Limited (Dow Jones)
- Germany May Gfk Consumer Confidence Survey stays at 2.5 (FXstreet.com)
- German GfK May Consumer Sentiment 2.5 Vs 2.5 In April (Dow Jones)
Friday Notes - Germany GFK: Consumer confidence remains muted by UniCredit Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 27 | 06:00 | DE | Import Price Index (MoM) (Mar) | -0.4% | -0.1% | -0.1% |
| 08:30 | UK | BBA Mortgage Approvals | 26.1K | 29.2K | 28.0K |
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| 16:45 | EMU | ECB Trichet's Speech | ||||
| 23:50 | JP | Large Retailer's Sales (Mar) | -7.8% | -8.1% |
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| 23:50 | JP | Retail Trade (YoY) (Mar) | -4.9% | -5.7% |
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| 23:50 | JP | Retail Trade s.a (MoM) (Mar) | -0.4% | -0.2% |
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| Apr 28 | 00:00 | JP | BoJ Monetary Policy Meeting | |||