Tuesday, Sep 15, 16:33 GMT
ASIA-PACIFIC Trading Newsletter
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International Traders Conference
LAST SEATS AVAILABLE!
Don't miss the third edition of FXstreet.com's International Traders Conference (ITC) on October 14-16, 2009 in Barcelona. Live Trading next to the experts.
This year's key speakers panel: Valeria Bednarik, Rob Booker, James Chen, Kim Cramer Larsson, Markus Heitkoetter, Ashraf Laidi and Andrei Pehar.
Limited to 60 seats! Register now!
To Get Started
- WEBINAR VIDEOS: New NFA Regulations: How Currency Trading Will Be Affected by Rob Booker
- All the events of the day in our Economic Calendar
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Forex Blogs
Chartology: GBP/USD Follow−Up by Raghee Horner
I love following up trade set ups because they show how one trading plan can morph into another and remind us all just how dynamic the market can be. So here's the follow−through to the upside from yesterday.
The Advisor Weblog: U.S. News all better than expected by Valeria Bednarik
Francesc's Weblog: What would you do if someone is copying everything from you? by Francesc Riverola
Sponsored by 
Live Sessions Schedule
Focus on Divergence
Expert: Lea Peters
Start: Tue, Sep 15, 19:00 GMT
Type of Session: Webinar
Trading Day's Live Wrap Up
Expert: Valeria Bednarik
Start: Tue, Sep 15, 22:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Sep 15, 16:00 GMT | Drilling down, Support and Resistance | Triffany Hammond | WBN |  |
| Tue, Sep 15, 17:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Tue, Sep 15, 19:00 GMT | Focus on Divergence | Lea Peters | WBN | |
| Tue, Sep 15, 22:30 GMT | Trading Day's Live Wrap Up | Valeria Bednarik | WBN | |
| Wed, Sep 16, 05:00 GMT | Asian Session: Live Market Analysis | Dr.S.Sivaraman | WBN | |
Current Session: U.S.
GBPUSD: Weakness To Target The 1.6306 Level
FXTechstrategy − Weakness triggered off the 1.6740 level on Sept 11'9 continues to drive the pair further declining in early trading today to as low as 1.6464 as at the time of this analysis. While this persists, GBP should trade lower and possibly target its MT rising trendline initiated at the 1.2456 currently at 1.6306 where we envisage a cap to turn the pair back up.
EUR/USD
Euro failed to gain further and reached strong 1.4550 support zone by FXstreet.com Independent Analyst Team
Despite good data in U.S. trigger a strong bullish rally in Wall Street futures, Euro failed to gain further and reached strong 1.4550 support zone.
U.S. Update
U.S. data surprise to the upside. Now what? by Valeria Bednarik
Seems strange that market players keep talking of a falling greenback due to uncertainty over the strength of the U.S. economy; today's data overcome any positive expectation...
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
US CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Sep 16 | 12:30 | Consumer Price Index Ex Food & Energy (MoM) | 0.1% | 0.1% |
| Sep 16 | 12:30 | Consumer Price Index (YoY) | -1.7% | -2.1% |
| Sep 16 | 12:30 | Consumer Price Index (MoM) | 0.4% | 0.0% |
| Sep 16 | 12:30 | Consumer Price Index Ex Food & Energy (YoY) | 1.4% | 1.5% |
The Week Ahead - Business Inventories, CPI, IP, Retail Sales and Housing Starts by BBVA Bancomer
[ Full Story ]US economic indicators - PPI & CPI (August): further decline in yearly core inflation rates by BHF−Bank
Switzerland SNB INTEREST RATE DECISION
| Date (GMT) | Event | Cons. | Previous | |
| Sep 17 | 12:00 | SNB Interest Rate Decision | 0.25% | 0.25% |
Top Market Movers Review
US RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 15 | 12:30 | Retail Sales ex Autos (MoM) | 1.1% | 0.4% | -0.5% |
| Sep 15 | 12:30 | Retail Sales (MoM) | 2.7% | 1.7% | -0.2% |
US: Retail Sales Jumped Higher in August by Wells Fargo Investments, LLC
[ Full Story ]- Read the Retail Sales data at the Census Bureau
- CURRENCIES: Dollar Gains After Retail Sales, Price Data (Dow Jones)
- CURRENCIES: Dollar Adds To Gain After Retail Sales, Price Data (Dow Jones)
- CURRENCIES: Dollar Adds To Gain After Retail Sales, Price Data (Dow Jones)
Top Fundamental Stories - Ahead of the U.S. Session, Retail Sales and Producer Price Index! by ecPulse.com
Sunrise Market Commentary - US retail sales in the focus today by KBC Bank
The Week Ahead - Business Inventories, CPI, IP, Retail Sales and Housing Starts by BBVA Bancomer
Germany ZEW SURVEY − ECONOMIC SENTIMENT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 15 | 09:00 | ZEW Survey − Economic Sentiment | 57.7 | 59.9 | 56.1 |
- 2nd UPDATE: German ZEW Disappoints; Signals Gradual Recovery (Dow Jones)
- UPDATE: German ZEW Econ Expectations Below Forecasts (Dow Jones)
- DATA SNAP: German ZEW Econ Expectations Below Forecasts (Dow Jones)
European Market Update - German ZEW fails to meet expectations by TradeTheNews.com
UK CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 15 | 08:30 | Consumer Price Index (YoY) | 1.6% | 1.4% | 1.8% |
| Sep 15 | 08:30 | Consumer Price Index (MoM) | 0.4% | 0.3% | 0.0% |
DATA SNAP: UK Aug CPI Tops Expectations, Core CPI Resilient (Dow Jones)
U.K. annual consumer price inflation remained below the Bank of England's 2.0% target for a third consecutive month in August, as food prices fell at their fastest pace in over two years.
[ Full Story ]- Read the CPI data at UK Statistics
- UPDATE: UK Aug CPI Tops Expectations, Core CPI Resilient (Dow Jones)
- UK CPI rose above expectations August; Pound spikes up to 1.6660 (FXstreet.com)
- UK Aug RPI rises to 0.5% MoM and falls 1.3% YoY (FXstreet.com)
Top Fundamental Stories - CPI in the U.K. Surpassed Estimates in August But Remains Below the Target For the Third Month by ecPulse.com
Daily World Market Update - GBP Looking For Solid CPI by World First UK Ltd
Top Fundamental Stories - Europe Ahead: Inflation in the U.K. is to Remain Below Target by ecPulse.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 15 | 14:00 | US | Business Inventories (Jul) | -1.0% | -1.0% | -1.4% |
| 14:00 | US | Fed's Bernanke Speech | ||||
| 20:30 | US | API Crude Oil Inventories (Sep 11) | -7216K | |||
| 21:00 | US | ABC/Washington Post Consumer Confidence (Sep 13) | -45 | -48 | ||
| Sep 16 | 01:00 | AU | Westpac Leading Index (MoM) (Aug) | 0.7% | ||
| 07:15 | CH | Adjusted Real Retail Sales (YoY) (Jul) | 1.1% | 0.9% | ||
| 08:30 | UK | Average Earnings excluding Bonus (3Mo/Yr) (Jul) | 2.5% | |||