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ASIA-PACIFIC Trading Newsletter
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- Learning Center: New chapter online: Fundamental Analysis. Read it now!
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- All the events of the day in our Economic Calendar
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Forex Blogs
FX Path: FOREX VIDEO REVIEW: London Session June 22, 2009 by Wayne McDonell
We began today's London session already enjoying a decent GBP/USD short trade from pre−London. However, we find ourselves at a Weekly central pivot point, and 4 hour 21 ema exactly at London open. Even if there would be further downside in the British Pound's future...
FX Path: Forex Levels to Watch (Week of Jun 22-26, 2009) by James Chen
The Advisor Weblog: Dollar and stocks down by Valeria Bednarik
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Live Sessions Schedule
Trading Day's Live Wrap Up
Expert: Valeria Bednarik
Start: Mon, Jun 22, 22:30 GMT
Type of Session: Webinar
Asian Session: Live Market Analysis
Expert: Dr.S.Sivaraman
Start: Tue, Jun 23, 05:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Jun 22, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Mon, Jun 22, 22:30 GMT | Trading Day's Live Wrap Up | Valeria Bednarik | WBN |  |
| Tue, Jun 23, 05:00 GMT | Asian Session: Live Market Analysis | Dr.S.Sivaraman | WBN | |
| Tue, Jun 23, 06:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Jun 23, 12:00 GMT | Forex Fundamentals − What To Watch | Steve Misic | WBN | |
Current Session: U.S.
U.S. Update: Choppy market still in range
FXstreet.com Independent Analyst Team − Uncertain regarding what the U.S. Federal Reserve's Open Market committee will announce on Wednesday is contributing to an uncertain mood among investors, which turn weighing on stocks and other riskier asset classes. DJIA break under 4800 while S&P barely holds above 900 points. Majors remain quite choppy and as lately this month, with no clear definitions.
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GBP/USD
GBP/USD: Fighting the 1.6400 level by FXstreet.com
Fighting the 1.6400 level, the pair remains slightly bearish in the hourly thus with indicators a bit exhausted to the downside, yet not upside potential seen at this time.
USD/JPY
USD/JPY Balances after Positive Data by FastBrokersFX
The USD/JPY has recovered nicely along our 2nd tier uptrend line while experiencing declining volume to the downside, both encouraging developments for the uptrend.
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 GFK CONSUMER CONFIDENCE SURVEY
| Date (GMT) | Event | Cons. | Previous | |
| Jun 23 | 06:00 | Gfk Consumer Confidence Survey | 2.5 | 2.5 |
Friday Notes - Private sector deleveraging to slow down economic recovery by UniCredit Group
The moderate upward trend in the consumer climate since last autumn, driven by strong disinflation, ground to a halt in the second quarter. Above all, the rising number of layoffs and the record−high job insecurity are overshadowing the fiscal support for households from the economic stimulus program.
[ Full Story ]US FED INTEREST RATE DECISION
| Date (GMT) | Event | Cons. | Previous | |
| Jun 24 | 18:15 | Fed Interest Rate Decision | 0.25% | 0.25% |
Weekly Economic and Financial Commentary - Lower Inflation Liberates the Fed by Wachovia
[ Full Story ]FX Briefing - FOMC will try to dampen interest rate hike expectations by BHF−Bank
FOMC: preview of policy meeting by Danske Bank A/S
Top Market Movers Review
Canada CANADIAN INVESTMENT IN FOREIGN SECURITIES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 22 | 12:30 | Foreign investment in Canadian securities | $9.050B | - | $7.192B |
| Jun 22 | 12:30 | Canadian Investment in Foreign Securities | -$1.272B | - | -$6178.000B |
Foreign investors biught $9.05B in canadian securities; USD/CAD, at 1−month high (FXstreet.com)
Foreign investors have bought a net C$ 9.05 billion worth of Canadian securities in April, up from C$ 7.192 billion in March, the largest investment in Canadian securities of the latest three months. On the other side Canadians investment on foreign securities totaled C$ 1.3 billion,, down from C$ 6.178 billion in March.
[ Full Story ]- Read the oficial data at Statisctics Canada
- Foreigners bought $9.05B in Canadian securities in Apr (FXstreet.com)
- Canadians bought $−1.272B of Foreign Securities in Apr (FXstreet.com)
US Morning Notes - CAD is opening lower pressured by falling crude prices by Easy Forex
Currency Trading Majors Pairs - USD to CAD − Daily Chart by Master The Markets
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 22 | 12:30 | CA | Canadian Investment in Foreign Securities (Apr) | $-1.272B | -$6178.000B |
|
| 13:00 | HU | Interest Rate Decision | 9.5% | |||
| 22:45 | NZ | Current Account (1Q) | -1.310B | -4.026B | ||
| Jun 23 | 05:00 | JP | Leading Economic Index (Apr) | 75.5 | ||
| 06:00 | DE | Gfk Consumer Confidence Survey (Jul) | 2.5 | 2.5 | ||
| 06:15 | CH | Trade Balance (May) | 1.86B | 2.56B | ||
| 07:30 | DE | Purchasing Manager Index Manufacturing (Jun)  | 40.9 | 39.6 | ||
Educational Resources
Over a trillion dollars per day is exchanged on the foreign currency market. The Forex market is used by smart traders for speculation, hedging and long−term profit taking. You can trade in the foreign currency market. It is available to anyone and everyone. Follow this report to get started in this exciting market.
Related Resources
Follow the FXstreet.com's new educational experience Learning Center
Webinar recording by Phil Newton Trading Strategy Essentials
Check John Forman's book The Essentials of Trading
Check James Chen's book Essentials of Foreign Exchange Trading