Wednesday, Sep 16, 16:06 GMT
ASIA-PACIFIC Trading Newsletter
Follow us on Twitter • Subscribe to our RSS feeds • Visit our Facebook page
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: The Weather Report: Ichimoku Cloud Trading by Chris Capre
- All the events of the day in our Economic Calendar
Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.
Forex Blogs
Tech Trading: EUR/USD 1,4650 holding by César B. Leiceaga
Intra−day support at 1,4650 (30SMA in 1 hour chart) is being tested several times during today's session. A break through is needed in order to visit the main trendline support around 1,4600's (100 SMA in 1 hour chart).
FX Market Readings: Melting down by Dr. S. Sivaraman
The Advisor Weblog: Usd/Jpy firm in trend by Valeria Bednarik
Sponsored by 
Live Sessions Schedule
Asian Session: Live Market Analysis
Expert: Dr.S.Sivaraman
Start: Thu, Sep 17, 05:00 GMT
Type of Session: Webinar
Live Look at Today's Markets
Expert: Derek Frey
Start: Thu, Sep 17, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Sep 16, 16:00 GMT | Institutional Trading Strategies  | Andrei Pehar | WBN |  |
| Wed, Sep 16, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Thu, Sep 17, 05:00 GMT | Asian Session: Live Market Analysis | Dr.S.Sivaraman | WBN | |
| Thu, Sep 17, 11:00 GMT | FX Instructor Live Trading Room | Mark De La Paz | WBN |  |
| Thu, Sep 17, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
Current Session: U.S.
After reaching 90.00 level, pair turned slightly bullish
FXstreet.com −After reaching 90.00 level, pair turned slightly bullish in the hourly chart, yet general trend remains strongly bearish in the pair. 20 SMA around 90.70 will be first resistance to consider, followed by the 91.10 zone. Break under key 90.00 pair should accelerate the fall with a midterm target at 87.10,
AUD/JPY
AUD and JPY rallying at the same time, this is not sustainable by Saxo Bank
We're in a strange FX regime at the moment, with both AUD and JPY rallying at the same time. This is not sustainable − these currencies normally lie at the opposite end of the risk appetite spectrum.
U.S. Update
Gold keeps pressing dollar by Valeria Bednarik
Stocks in the U.S. keep rising, and I want to share this S&P chart with you: the index is about to break above the 61.8% retracement of the last weekly fall, coming from August past year.
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : FXstreet.com, Financial Trend Analysis, KBC, Mataf.net, Mizuho
[ 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 | |
| Sep 17 | 12:00 | SNB Interest Rate Decision | 0.25% | 0.25% |
Top Market Movers Review
US CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 16 | 12:30 | Consumer Price Index Ex Food & Energy (MoM) | 0.1% | 0.1% | 0.1% |
| Sep 16 | 12:30 | Consumer Price Index (YoY) | -1.5% | -1.7% | -2.1% |
| Sep 16 | 12:30 | Consumer Price Index (MoM) | 0.4% | 0.4% | 0.0% |
| Sep 16 | 12:30 | Consumer Price Index Ex Food & Energy (YoY) | 1.4% | 1.4% | 1.5% |
Top Fundamental Stories - CPI Increases more than Estimates in August, as Housing, Food, and Transportation Prices Rise! by ecPulse.com
[ Full Story ]- Read the CPI data at Labor Department
- Summary Of U.S. Consumer Price Data From Labor Dept (Dow Jones)
- DATA SNAP: US CPI Rises On Energy Prices, Core Up Slightly (Dow Jones)
- U.S. CPI grows 0.4% on energy prices; Dollar edges up (FXstreet.com)
Top Fundamental Stories - Further economic enhancement expected to be witnessed in the U.S throughout today's news… by ecPulse.com
The Week Ahead - Business Inventories, CPI, IP, Retail Sales and Housing Starts by BBVA Bancomer
US economic indicators - PPI & CPI (August): further decline in yearly core inflation rates by BHF−Bank
EMU CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 16 | 09:00 | Consumer Price Index (MoM) | 0.3% | 0.3% | -0.7% |
| Sep 16 | 09:00 | Consumer Price Index − Core (YoY) | 1.3% | 1.2% | 1.3% |
| Sep 16 | 09:00 | Consumer Price Index (YoY) | -0.2% | -0.2% | -0.7% |
- Forex: GBP/USD: Pound dips below 1.6500 ahead of U.S. CPI (FXstreet.com)
- UPDATE: Euro−Zone YY CPI Seen Turning Positive Soon (Dow Jones)
- Euro Zone CPI rises 0.3% in August, 0.2% down on year; Euro edges down (FXstreet.com)
Top Fundamental Stories - Rising Unemployment Spur Concerns in the UK, While CPI Improve in the Euro Zone by ecPulse.com
Top Fundamental Stories - Europe Ahead: Low Inflation Rate and Rising Unemployment Are threatening the European Recovery the most by ecPulse.com
UK CLAIMANT COUNT RATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 16 | 08:30 | Claimant Count Rate | 5.0% | 5.0% | 4.9% |
| Sep 16 | 08:30 | Jobless Claims Change | 24.4K | 24.8K | 25.2K |
- Forex: GBP/USD: Pound dips below 1.6500 ahead of U.S. CPI (FXstreet.com)
- UK claimant count rate soars to a 12−year high; Pound ticks down (FXstreet.com)
- DATA SNAP: UK Jobless Hits Highest Level For 14 Yrs In July (Dow Jones)
Top Fundamental Stories - Rising Unemployment Spur Concerns in the UK, While CPI Improve in the Euro Zone by ecPulse.com
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
Retailers turned in a surprisingly strong month in August; sales were up 2.7 percent. Even excluding the cash−for−clunkers−fueled results at auto dealers, sales rose 1.1 percent, the best gain since February.
[ 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)
KBC News Picks - US: Retail sales show biggest increase since January 2006 by KBC Bank
Daily Global Commentary - Autos and Non−auto Components Lift Retail Sales in August by Northern Trust
US: Good news on underlying consumption by Danske Bank A/S
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 16 | 13:15 | US | Industrial Production (MoM) (Aug) | 0.8% | 0.7% | 1.0% |
| 14:30 | US | EIA Crude Oil Stocks change (Sep 11) | -4.7M | -0.4M | ||
| 17:00 | US | NAHB Housing Market Index (Sep) | 19 | 18 | ||
| 23:50 | JP | BSI Large Manufacturing (QoQ) (3Q) | -11.4 | -13.2 | ||
| 23:50 | JP | Tertiary Industry Index (MoM) (Jul) | 0.6% | 0.1% | ||
| Sep 17 | 01:30 | AU | RBA Foreign Exchange Transaction (Aug) | 705M | ||
| 04:00 | JP | BoJ Interest Rate Decision | 0.1% | 0.1% | ||
Educational Resources
This week Sam Seiden will argue that within the pages of Principia Mathmatica by Isaac Newton lie the most key ingredients of a successful plan for speculating in markets. Read whole Sam Seiden's article!
Other articles of this week's Lessons from the Pros
It's All In Your Head... - Article by Sam Evans
Real Estate: Its History and Cycles - Article by Diana Hill
Naked Chart Reading and Option Trading - Article by Josip Causic
One Year Removed - Article by Gabe Velazquez