Wednesday, Jun 17, 15:53 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Learning Center: Chapter 1 of Unit B: Technical Analysis is out. Check it out!
- WEBINAR VIDEOS: The Green Revolution? by Joseph Trevisani
- All the events of the day in our Economic Calendar
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Forex Blogs
The Advisor Weblog: Oil leading the way by Valeria Bednarik
Oil is falling strong, breaking under $70.0 a barrel, dragging dollar up with this movement. Canadian dollar is overbought or close to is smaller time frames and reports in 5 minutes, could send it up again.
CEO'S Weblog: New Section at FXstreet.com - The Markets Channel by Francesc Riverola
ForexHedge: US Housing Starts May 2009 by Ron Schelling
Share your opinions with your fellow traders at FXstreet.com Forum
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Live Sessions Schedule
Live Look at Today's Markets
Expert: Derek Frey
Start: Wed, Jun 17, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading Day's Live Wrap Up
Expert: Valeria Bednarik
Start: Wed, Jun 17, 22:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Jun 17, 16:00 GMT | Institutional Trading Strategies  | Andrei Pehar | WBN |  |
| Wed, Jun 17, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Wed, Jun 17, 22:30 GMT | Trading Day's Live Wrap Up | Valeria Bednarik | WBN | |
| Thu, Jun 18, 05:00 GMT | Asian Session: Live Market Analysis | Dr.S.Sivaraman | WBN | |
| Thu, Jun 18, 12:00 GMT | MONTHLY WEBINAR: Part 1 − What Traders Need to Know About Today's Forex Environment | Mark Whistler | WBN | |
Current Session: U.S.
U.S. Update: Uncertainty consolidation
FXstreet.com Independent Analyst Team − Leaving aside yen appreciation, uncertainty rules the market during most of the European session, extending also to America after Wall Street opening. Sentiment is reaching a climax of extreme stress; neither stocks not currencies are able to find a way. Taking a look at daily charts, we can just see some wide ranges of consolidation, even in Usd/Jpy that clearly reflects markets doubts. Falling oil and gold prices, are giving some support to greenback, but definitions are out of sight.
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EUR/USD: Pair is consolidating between 1.3800/1.3930 zone by FXstreet.com Independent Analyst Team
Pair has turned bullish in the hourly chart with RSI above 50 and momentum rebounding in the 100 line. Price cut to the upside the 20 SMA that remains too flat to offer accurate bias.
USD/JPY
USD/JPY: The bias for the next few days will be to the short side by Master The Markets
With the 9 and the 14 day moving averages now crossing it seems likely that the bias for the next few days will be to the short side.
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
Switzerland SNB INTEREST RATE DECISION
| Date (GMT) | Event | Cons. | Previous | |
| Jun 18 | 07:30 | SNB Interest Rate Decision | 0.25% | 0.25% |
Live Daily Broadcast - Today's Live Show: Focusing on the EUR and the CHF Ahead of SNB Announcement by AllThingsForex
We take a close look at the EUR and the CHF as currencies of interest ahead of the upcoming Swiss National Bank monetary policy meeting, we analyze the EUR against the USD.
[ Full Story ]UK RETAIL SALES
| Date (GMT) | Event | Cons. | Previous | |
| Jun 18 | 08:30 | Retail Sales (MoM) | 0.5% | 0.9% |
| Jun 18 | 08:30 | Retail Sales (YoY) | -0.1% | 2.6% |
Friday Notes - UK, Retail Sales: Unwinding of the Easter effect by UniCredit Group
Besides the high monthly volatility and notwithstanding the recent downward revision of the whole series, UK retail sales continue to show some resilience.
[ Full Story ]Top Market Movers Review
US CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 17 | 12:30 | Consumer Price Index Ex Food & Energy (MoM) | 0.1% | 0.1% | 0.3% |
| Jun 17 | 12:30 | Consumer Price Index (YoY) | -1.3% | -0.9% | -0.7% |
| Jun 17 | 12:30 | Consumer Price Index (MoM) | 0.1% | 0.3% | 0.0% |
| Jun 17 | 12:30 | Consumer Price Index Ex Food & Energy (YoY) | 1.8% | 1.8% | 1.9% |
DATA SNAP: US Annual CPI Falls By Most Since 1950 (Dow Jones)
[ Full Story ]- U.S. May CPI drops 1.3% on year, sharpest decline since 1950; Dollar steady (FXstreet.com)
- US May CPI rises 0.1% MoM, −1.3% YoY (FXstreet.com)
- Table of Data On US Real Earnings From Labor Dept (Dow Jones)
US economic indicators - PPI & CPI (May): upward pressure on energy prices only by BHF−Bank
Friday Notes - US CPI: Gasoline price jump pushes up inflation in May by UniCredit Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 17 | 12:30 | CA | Wholesale Sales (MoM) (Apr) | -0.6% | -0.5% | -0.4% |
| 14:30 | US | EIA Crude Oil Stocks change | -3.9M | -1.8M | -4.4M | |
| 16:00 | US | Fed's Bernanke Speech | ||||
| Jun 18 | 07:30 | CH | SNB Interest Rate Decision | 0.25% | 0.25% | |
| 08:30 | UK | M4 Money Supply (MoM) (May) | 0.7% | 0.2% | ||
| 08:30 | UK | M4 Money Supply (YoY) (May) | 17.3% | 17.4% | ||
| 08:30 | UK | Public Sector Net Borrowing (May) | £8.5B | |||
Educational Resources
New section: The Markets Channel
In this new channel, you will see presentations from some of the best and brightest in the trading industry. Money Show's video channel is updated with new interviews at least once per day.… Forex, Commodities, Stocks, Futures... In short videos of 3 to 5 minutes, the most renowned experts − as John Bollinger − comment the markets trends, some trading strategies and tips, currencies moves... A new daily audiovisual resource you can't miss!
Examples of available videos:
Secular or Cyclical Bull Market? - Interview of Veteran analyst John Bollinger
Short-Term Trading Traps - Interview of Veteran trader and fund manager Linda Raschke, Presiden of LBR Group
Too Many Dollar Bears - Interview of FOREX.com's Todd Gordon