Thursday, May 14, 16:33 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- NEW: Live Webinars during the Asian Trading Session: Markets Commentaries at 5 and 6 GMT. Check our schedule!
- Learning Center: Chapter 4 of Unit A is now online: Trade the facts: consider price action. Read it now!
- WEBINAR VIDEOS: Economic and Technical View of the Currency Market by Rob Booker
- All the events of the day in our Economic Calendar
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Forex Blogs
The Advisor Blog: Usd/Jpy options expiring today by Valeria Bednarik
Japanese Yen strength continued during past Asian session, and halted just above the 95.00 zone. Break under 95.50 zone, trigger some selling momentum and as long as price remains closing daily under that zone, Yen appreciation will likely continue.
FX Market Readings: Hedging,stop and limit orders to go? by Dr.S. Sivaraman
CEO's Weblog: Dow Jones - Saxo Bank Eyes Asset Mgmt Add-On Buys, Opens Offices by Francesc Riverola
Find other fellow traders to share your comments and market view in the FOREX FORUM
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Live Sessions Schedule
Live Look at Today's Markets − Free Access Day
Expert: Derek Frey
Start: Thu, May 14, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
Who is on the other side of your trade?
Expert: Sam Seiden
Start: Fri, May 15, 10:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Thu, May 14, 17:00 GMT | Live Look at Today's Markets − Free Access Day | Derek Frey | WBN | |
| Fri, May 15, 09:00 GMT | Advanced APF Methods To Determine The Price Momentum  | Sunil Mangwani | WBN |  |
| Fri, May 15, 10:00 GMT | Who is on the other side of your trade? | Sam Seiden | WBN |  |
| Fri, May 15, 11:00 GMT | Trading Break Out's And Other Market Views | Phil Newton | WBN |  |
| Fri, May 15, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
Current Session: U.S.
U.S. Update: Pairs in acumulation stage
FXstreet.com − U.S. early data shown unemployment in the U.S. continues to worsen. Things are not improving enough in the U.S, yet Wall Street at this time is managing to stay on the positive side. No more action expected, as risk sentiment continues to be the name of the game, and seems today won't be the day majors will break this consolidation stage. Not much change from yesterday, USD/JPY strong rebound of the daily zone at 99.65 continues and the pair reached an important low around just above 95.10
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GBP/USD
Dollar Volatility To Lead Today's Market by FXTechstrategy
Today the U.S. economy is going to be in the driver's seat of today's market, whilst the Euro−Zone currency will take more of a backseat. Traders should pay close attention to the U.S. unemployment data and President Obama's economic reforms, as these 2 factors are expected to have the biggest impact on the optimism in the market in today's trading.
USD/JPY
Currency Majors Technical Perspective − Yen rally was halted just above the 95.00 zone by FXstreet.com Independent Analyst Team
Yen rally was halted just above the 95.00 zone, yet still no signs of reversal yet. Indicators in the hourly point from more gains and a break above 95.80 will confirm the perspective.
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 GROSS DOMESTIC PRODUCT S.A
| Date (GMT) | Event | Cons. | Previous | |
| May 15 | 06:00 | Gross Domestic Product n.s.a (YoY) | -6.2% | -1.6% |
| May 15 | 06:00 | Gross Domestic Product w.d.a (YoY) | -6.0% | -1.7% |
| May 15 | 06:00 | Gross Domestic Product s.a (QoQ) | -3.0% | -2.1% |
EMU economic indicators - German GDP (Q1 2009): down by BHF−Bank
German GDP will probably have plummeted quarter−on−quarter in Q1 2009, just as output in the producing sector did. The previous quarters' data might be revised slightly. On 15 May, Destatis (the German Federal Statistical Office) will publish its "flash release" on Q1 German GDP; a detailed breakdown of the components will follow on 26 May.
[ Full Story ]Top Market Movers Review
US PRODUCER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 14 | 12:30 | Producer Price Index (YoY) | -3.7% | -3.9% | -3.5% |
| May 14 | 12:30 | Producer Price Index ex Food & Energy (YoY) | 3.4% | 3.4% | 3.8% |
| May 14 | 12:30 | Producer Price Index ex Food & Energy (MoM) | 0.1% | 0.1% | 0.0% |
| May 14 | 12:30 | Producer Price Index (MoM) | 0.3% | 0.1% | -1.2% |
DATA SNAP: US Producer Prices Climb More Than Expected (Dow Jones)
U.S. producer prices climbed in April more than expected because of a jump in food costs, but core wholesale inflation rose only mildly as the recession robs companies of pricing power. The producer price index for finished goods increased a seasonally adjusted 0.3%, the Labor Department said Thursday.
[ Full Story ]- CORRECT: WORLD FOREX: Dollar A Bit Higher Vs Euro After US Data (Dow Jones)
- US Apr MoM PPI rises 0.3% (FXstreet.com)
- Table Of US PPI Data From Labor Department (Dow Jones)
US economic indicators - We expect the PPI to have gone up by a mere 0.1% mom in April by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| May 14 | 12:30 | US | Continuing Jobless Claims (May 2) | 6560K | 6400K | 6358K |
| 12:30 | US | Producer Price Index (YoY) (Apr) | -3.7% | -3.9% | -3.5% | |
| 22:45 | NZ | Retail Sales (MoM) (Mar) | 0.2% | |||
| 22:45 | NZ | Retail Sales ex Autos (MoM) (Mar) | -0.1% | |||
| 23:50 | JP | Domestic Corporate Goods Price Index (MoM) (Apr) | 0.1% | -0.2% | ||
| 23:50 | JP | Domestic Corporate Goods Price Index (YoY) (Apr) | -3.0% | -2.2% | ||
| May 15 | 06:00 | DE | Gross Domestic Product n.s.a (YoY) (1Q)  | -6.2% | -1.6% | |