http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-20.v02.htmlLittle news shaking the markets, as much of recent activity seems to be about position adjustments. MAJOR HEADLINES – PREVIOUS SESSION New Zealand Oct. Credit Card Spending fell -0.4% YoY vs. -2.3% in Sep. Japan BoJ left target rate unchanged at 0.10% as expected Germany Oct. Producer Prices out at 0.0% MoM and -7.6% YoY vs. +0.1%/-7.5% expected, respectively THEMES TO WATCH – UPCOMING SESSION (All times GMT) New Zealand Oct. Visitor Arrivals (Sun 2145) Australia New Motor Vehicle Sales (MonFri, 20 Nov 2009 13:53:36 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-20.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-20.htmlBOJ keeps rates unchanged but again upgrades its assessment of the economy MAJOR HEADLINES – PREVIOUS SESSION CA Sep. Int’l Securities Transactions out at C$13.59b vs. C$3.0b expected and revised C$5.067b prior CA Sep. Wholesale Sales out at +0.2% m/m vs. +1.0% expected and revised -1.5% prior CA Oct. Leading Indicators out at +0.7% m/m, as expected, vs. revised 1.2% prior US Weekly Initial Jobless Claims out at 505k vs. 504k expected and revised 505k prior US Weekly Continuing Claims out atFri, 20 Nov 2009 07:24:07 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-20.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-19.v02.htmlEURJPY trading at pivotal 200-day moving average - will it hold this time? MAJOR HEADLINES – PREVIOUS SESSION Japan Oct. Nationwide Department Store Sales fell -10.5% YoY vs. -7.8% in Sep. Switzerland Oct. Trade Balance rose to 2.46B vs. 1.91B in Sep. Sweden Oct. Unemployment Rate fell to 8.1% vs. 8.4% expected and 8.3% in Sep. UK Oct. Major Banks Mortgage Approvals rose to 61k vs. 56k in Sep. UK Oct. Retail Sales rose 0.4% MoM and 3.4% YoY vs. 0.5%, 2.9% expected, respectively Canada Sep.Thu, 19 Nov 2009 15:48:56 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-19.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-19.htmlA weak Nikkei leads to a “risk-off” session in Asia MAJOR HEADLINES – PREVIOUS SESSION CA Oct. CPI out at -0.1% m/m, +0.1% y/y vs. +0.1% expected for both and flat/-0.9% prior resp. US Weekly MBA Mortgage Applications out at -2.5% vs. +3.2% prior US Oct. CPI out at +0.3% m/m vs. +0.2% expected and +0.2% prior US Oct. CPI Ex-Food/Energy out at +0.2% m/m vs. +0.1% expected and +0.2% prior US Oct. Housing Starts out at 529k vs. 600k expected and revised 592k prior US Oct. Building Permits out atThu, 19 Nov 2009 07:24:54 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-19.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-18.v02.htmlFundamental market inputs tell confusing story for the USD - perhaps a reason for its erratic behavior of late. MAJOR HEADLINES – PREVIOUS SESSION US Nov. HAHB Housing Market Index out at 17 vs. 19 expected and 17 in Oct. US Weekly ABC Consumer Confidence rose to -45 vs. -46 the previous week Australia Q3 Wage Cost Index rose 0.7% QoQ as expected EuroZone Sep. Current Account was -5.4B vs. +0.6B in Aug. UK BoE Minutes showed split vote of 1-7-1 for latest monetary policy decision EuroZone Sep.Wed, 18 Nov 2009 17:02:39 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-18.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-18.htmlBOE minutes today may give GBP a push either way MAJOR HEADLINES – PREVIOUS SESSION US Oct. PPI out at +0.3% m/m vs. +0.5% expected and -0.6% prior US Oct. Core PPI out at -0.6%m/m vs. +0.1% expected and -0.1% prior US Sep. Net Long-term TIC flows out at $40.7b vs. $30.0b expected and revised $34.2b prior US Sep. Total TIC flows out at $133.5b vs. revised $25.3b prior US Oct. Industrial Production out at +0.1% vs. +0.4% expected and revised +0.6% prior US Oct. Capacity Utilization out at 70.7%Wed, 18 Nov 2009 07:29:45 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-18.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-17.v02.htmlLower yields continue to support the JPY. Critical EURJPY support nearing once again. MAJOR HEADLINES – PREVIOUS SESSION Japan Q3 Housing Loans rose 0.8% YoY vs. +0.4% in Q2 Switzerland Sep. Retail Sales fell -1.6% YoY vs. -1.0% in Aug. Sweden Q3 Total Number of Employees fell -2.8% YoY vs. -1.9% in Q2 UK Oct. CPI rose +0.2% MoM and +1.5% YoY vs. +0.1/+1.4% expected, respectively UK Oct. Core CPI rose +1.8% YoY as expected and vs. +1.7% in Sep. UK Oct. RPI rose +0.3% MoM and fell -0.8% YoY vs.Tue, 17 Nov 2009 14:20:00 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-17.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-17.htmlRBA minutes suggest a pause in the hiking cycle at the December meeting MAJOR HEADLINES – PREVIOUS SESSION CA Sep. Manufacturing Sales out at +1.4% m/m vs. +1.7% expected and revised -1.8% prior  US Oct. Advance Retail Sales out at +1.4% vs. +0.9% expected and revised -2.3% prior  US Oct. Retail Sales ex-Autos out at +0.2% vs. +0.4% expected and revised +0.4% prior  US Nov. Empire Manufacturing out at 23.51 vs. 33.0 expected and 34.57 prior  US Sep. Business Inventories outTue, 17 Nov 2009 07:04:30 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-17.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-16.htmlJapanese GDP beats forecasts in Q3 but has a muted impact on currency and equity markets MAJOR HEADLINES – PREVIOUS SESSION CA Sep. Int’l Merchandise Trade Balance out at –C$0.9 bln vs. –C$1.8 bln expected and –C$2.0 bln prior  CA Sep. New Vehicle sales out at 1.2% m/m vs. flat expected and revised -0.2% prior US Sep. Trade Balance out at -$36.5 bln vs. -$31.8 bln expected and revised -$30.8 bln prior  US Oct. Import Price Index out at +0.7% m/m, -5.7% y/y vs. 1.0%/-5.5% expected andMon, 16 Nov 2009 07:12:41 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-16.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-13.v02.htmlUniversity of Michigan Confidence on tap later - will we see follow up to improvement in ABC weekly poll? MAJOR HEADLINES – PREVIOUS SESSION New Zealand Oct. REINZ House Sales rose 36.3% YoY vs. 43.7% in Sep. New Zealand Oct. House Price Index rose 1.3% MoM New Zealand Oct. Non-resident Bond Holdings fell to 71.2% from 72.1% Japan Oct. Consumer Confidence edged up to 40.8 vs. 40.5 expected and 40.7 in Sep. Germany Q3 GDP rose 0.7% QoQ and fell -4.8% YoY vs. +0.8%/-4.8% expected, respectivelyFri, 13 Nov 2009 15:17:58 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-13.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-13.htmlRumour mill talking of possible Yuan revaluation this weekend ahead of Obama's visit MAJOR HEADLINES – PREVIOUS SESSION US Weekly MBA Mortgage Applications out at +3.2% vs. +8.2% prior CA Sep. New Housing Price Index out at +0.5% m/m vs. +0.2% expected and +0.1% prior US Weekly Initial Jobless Claims out at 502k vs. 510k expected and revised 514k prior US Weekly Continuing Claims out at 5,631k vs. 5,700k expected and revised 5,770k prior US Oct. Budget Statement out at -$176.4b vs. -$165.0bFri, 13 Nov 2009 06:56:41 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-13.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-12.v02.htmlImproved Jobless Claims sees bond yields higher, USDJPY trying resistance. US 30-year auction results up later. MAJOR HEADLINES – PREVIOUS SESSION New Zealand Oct. Business PMI out at 50.6 vs. 51.5 in Sep. New Zealand Sep. Retail Sales out at 0.2%/0.0% MoM less Autos vs. 0.4%/0.4% expected, respectively Japan Oct. Domestic CGPI fell -0.7% MoM and -6.7% YoY vs. -0.1%/-6.0% expected, respectively Australia Oct. Employment Change rose 24.5k vs. -10k expected Sweden Oct. CPI out at +0.3% MoM andThu, 12 Nov 2009 14:39:09 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-12.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-12.htmlThe risk rally appears to run out of steam in Asia though MAJOR HEADLINES – PREVIOUS SESSION NZ Oct. Business PMI out at 50.6 vs. revised 51.5 prior  NZ Sep. Retail Sales out at +0.2% m/m vs. +0.4% expected and +1.1% prior  NZ Sep. Retail Sales ex-autos out at flat vs. +0.4% expected and +1.2% prior  JP Oct Dom. Corp. Goods Prices out at -0.7% m/m, -6.7% y/y -0.1%/-6.0% expected and revised flat/-0.8% prior resp.  AU Nov. Consumer Inflation Expectations out at 3.2% vs. 3.5%Thu, 12 Nov 2009 06:58:41 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-12.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-11.htmlReaction in Asia was muted; Is the risk space getting overcrowded? MAJOR HEADLINES – PREVIOUS SESSION US Oct. NFIB Small Business optimism out at 89.1 vs. 88.8 prior US Nov. IBD/TIPP Economic Optimism out at 47.9 vs. 49.0 expected and 48.7 prior NZ Oct. Food Prices out at -1.5% m/m vs. -0.7% prior US Weekly ABC Consumer Confidence out at -46 vs. -49 prior AU Nov. Westpac Consumer Confidence out at -2.5% vs. +1.7% prior JP Sep. Machine Orders out at +10.5% m/m, -22% y/y vs. +4.1%/-26.2%Wed, 11 Nov 2009 07:17:03 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-11.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-10.v02.htmlCurrencies to consolidate latest moves ahead of US bank holiday tomorrow? MAJOR HEADLINES – PREVIOUS SESSION New Zealand Oct. Credit Card Spending fell -0.2% MoM vs. +0.7% in Sep. Japan Sep. Adjusted Current Account Total out at ¥1338B vs. ¥1315B expected UK Oct. BRC Retail Sales rose 5.9% YoY and Same Store Sales rose 3.8% UK Oct. RICS House Price Balance rose to 34% vs. 28% expected and 21% in Sep. Australia Oct. NAB Business Conditions/Confidence rose to 12/16 vs. 3/14 in Sep. Japan Oct.Tue, 10 Nov 2009 15:07:08 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-10.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-10.htmlUSD finds more (temporary) respite with other pairs also retreating from highs MAJOR HEADLINES – PREVIOUS SESSION GE Sep. Industrial production out at +2.7% n/n vs. +1.0% expected and revised +1.8% prior CA Oct. Housing Starts out at 157.3k vs. 158.5k expected and revised 149.3k prior NZ Oct. Card Spending out at -0.2% m/m vs. +0.7% prior JP Sep. Current Account out at ¥1567.9b vs. ¥1510b expected and ¥1171.2b prior JP Sep. Trade Balance out at ¥599.2b vs. ¥630b expected and ¥303.7b prior JPTue, 10 Nov 2009 07:00:53 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-10.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-09.v02.htmlSparse economic calendar this week, particularly for the US. MAJOR HEADLINES – PREVIOUS SESSION Germany Sep. Trade Balance out at 10.6B vs. 11.3B expected Germany Sep. Industrial Production fell -12.9% YoY vs. -14.4% expected  Canada Oct. Housing Starts rose to 157.3k vs. 158.5k expected and 149.3k in Sep. THEMES TO WATCH – UPCOMING SESSION (All times GMT) Japan Sep. Current Account Total (2350) UK BRC Oct. Retail Sales Monitor (0001) UK Oct. RICS House Price Balance (0001) Australia Oct.Mon, 09 Nov 2009 17:56:14 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-09.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-09.htmlIMF report dictates direction – USD still over-valued, EUR above equilibrium and Yuan significantly under-valued MAJOR HEADLINES – PREVIOUS SESSION CA Oct Unemployment out at 8.6% vs. 8.5% expected and 8.4% prior US Oct Non-farm Payrolls out at -190k vs. -175k expected and revised -219k prior US Oct Unemployment Rate out at 10.2% vs. 9.9% expected and 9.8% prior US Oct. Avg. Hourly Earnings out at 0.3% m/m, 2.4% y/y vs. +0.1%/2.2% expected and +0.1%/2.5% prior US Oct. Avg. Weekly Hours out atMon, 09 Nov 2009 07:09:57 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-09.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-06.htmlOn the other hand, RBA upgrades its forecast for Australian economy – AUD looking firmer MAJOR HEADLINES – PREVIOUS SESSION CA Sep. Building Permits out at +1.6% m/m, as expected, vs. revised +7.4% prior  US Q3 Non-farm Productivity out at 9.5% vs. 6.5% expected and revised 6.9% prior US Q3 Unit Labour Costs out at -5.2% vs. -4.2% expected and revised -6.1% prior  US Weekly Initial Jobless Claims out at 512k vs. 522k expected and revised 532k prior  US Weekly Continuing ClaimsFri, 06 Nov 2009 07:10:50 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-06.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-05.v03.htmlG-20 meeting this weekend in Scotland. Ivey PMI to decide USDCAD's fate? MAJOR HEADLINES – PREVIOUS SESSION New Zealand Q3 Unemployment Rate rose to 6.5% vs. 6.4% expected and 6.0% in Q2 New Zealand Q3 Employment Change fell -0.8% vs. -0.3% expected and -0.4% in Q2 Australia Sep. Trade Balance dropped to -1849M vs. -2150M expected and -1651M in Aug. Switzerland Oct. SECO Consumer Climate survey rose to -30 vs. -38 expected and -42 in Sep.  Switzerland Oct. CPI rose 0.6% MoM and fell -0.8%Thu, 05 Nov 2009 14:33:10 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-05.v03.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-05.v02.htmlRisk has a quick spurt higher put momentum fades in Asia MAJOR HEADLINES – PREVIOUS SESSION  US Weekly MBA Mortgage Applications out at 8.2% vs. -12.3% prior  US Oct. Challenger Job Cuts out at -50.7% y/y vs. -30.2% prior  US Oct. ADP Employment Change out at -203k vs. -198k expected and revised -227k prior  US Oct. ISM Non-manufacturing out at 50.6 vs. 51.5 expected and 50.9 prior  NZ Q3 Unemployment Rate out at 6.5% vs. 6.3% expected and 6.0% prior  AU Sep.Thu, 05 Nov 2009 08:08:08 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-05.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-05.htmlISM Non-manufacturing data also on tap for today. Yen struggling as bonds sell off. MAJOR HEADLINES – PREVIOUS SESSION US Weekly ABC Consumer Confidence rose to -49 vs. -50 expected and -51 last week US Oct. Domestic Vehicle Sales out at 7.94M vs. 7.3M expected and 6.8M in Sep. Australia Oct. AiG Performance of Services Index out at 54.8 vs. 49.3 in Sep. UK Oct. Nationwide Consumer Confidence out at 72 vs. 73 expected and 72 in Sep. UK BRC Shop Price Index unchanged YoY vs. -0.1% in Sep. Thu, 05 Nov 2009 05:48:47 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-05.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-04.htmlWeak Australian retail sales data reinforces a more cautious approach to rates MAJOR HEADLINES – PREVIOUS SESSION US Sep. Factory Orders out at +0.9% vs. +0.8% expected and -0.8% prior US Weekly ABC Consumer Confidence out at -49 vs. -50 expected and -51 prior US Oct. Total Vehicle Sales out at 10.45 mln vs. 9.80 mln expected and 9.20 mln prior AU Oct. AiG Performance of Service Index out at 54.8 vs. 49.3 prior JP Oct. Monetary Base out at +4.4% y/y vs. +4.5% prior UK Oct. Nationwide ConsumerWed, 04 Nov 2009 07:41:17 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-04.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-03.v02.htmlMore important data tonight from down under as AUD crosses likely to remain volatile. MAJOR HEADLINES – PREVIOUS SESSION New Zealand Q3 Private Wages Exc. Overtime rose 0.4% QoQ vs. 0.3% expected  New Zealand Q3 Average Hourly Earnings rose 1.7% QoQ vs. 0.5% expected  Australia's RBA raised the Cash Target 25 bps to 3.50% as expected  Norway Oct. PMI fell to 45.8 vs. 49.0 expected and 47.1 in Sep. UK Oct. Construction PMI fell to 46.2 vs. 47.2 expected and 46.7 in Sep. THEMES TOTue, 03 Nov 2009 15:29:48 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-03.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-03.htmlAUD eases after announcement, pulling other currencies off highs in a quiet Asia MAJOR HEADLINES – PREVIOUS SESSION US Oct. ISM Manufacturing out at 55.7 vs. 53.0 expected and 52.6 prior US Oct. ISM Prices Paid out at 65.0 vs. 64.0 expected and 63.5 prior US Sep. Construction Spending out at +0.8% m/m vs. -0.2% expected and revised -0.1% prior Us Sep. Pending Home Sales out at +6.1% m/m vs. flat expected and +6.4% prior NZ Q3 Private Wages out at +0.4% vs. +0.3% expected and +0.3% prior Tue, 03 Nov 2009 08:14:01 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-03.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-02.v02.htmlJPY crosses gyrate, GBP swoons as pivotal week gets under way. US ISM Manufacturing on tap. MAJOR HEADLINES – PREVIOUS SESSION China Oct. PMI Manufacturing out at 55.2 vs. 54.7 expected and 54.3 in Sep. Australia Oct. Performance of Manufacturing Index out at 51.7 vs. 52.0 in Sep. UK Oct. Hometrack Housing Survey rose +0.2% MoM and fell -4.6% YoY vs. +0.2%/-5.6% in Sep. Australia Q3 House Price Index rose 4.2% QoQ and 6.2% YoY vs. 3.0%/4.3% expected, respectively Japan Sep. Labor Cash EarningsMon, 02 Nov 2009 14:33:11 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-02.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-02.htmlA very heavy event risk calendar this week is likely to ensure choppy markets MAJOR HEADLINES – PREVIOUS SESSION CA Aug. GDP out at -0.1% m/m vs. +0.1% expected and flat prior  US Sep. Personal Income out at flat, as expected, vs. revised +0.1% prior  US Sep. Personal Spending out at -0.5%, as expected, vs. revised +1.4% prior  US Q3 Employment Cost Index out at +0.4%, as expected and unchanged from previously   US Oct Chicago PMI out at 54.2 vs. 49.0 expected and 46.1Mon, 02 Nov 2009 07:05:39 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-11-02.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-30.htmlCAD smacked by negative August GDP report. JPY back on the strong side on bond rally. MAJOR HEADLINES – PREVIOUS SESSION NeNew Zealand Sep. Building Permits rose 3.3% MoM vs. 4.0% expected Japan Oct. Nomura/JMMA Manufacturing PMI out at 54.3 vs. 54.5 in Sep.  Japan Sep. Jobless Rate out at 5.3% vs. 5.6% expected and 5.5% in Aug.  Japan Sep. Household Spending rose 1.0% YoY as expected  Japan Oct. Tokyo CPI fell -2.4% YoY and -1.4% ex Food and Energy, vs. -2.0%/-1.4% expected,Fri, 30 Oct 2009 15:09:06 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-30.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-29.v02.htmlRecent moves likely to climax between now and Monday with end of month trade behind us at week-end. MAJOR HEADLINES – PREVIOUS SESSION New Zealand RBNZ left its Cash Rate unchanged at 2.50% as expected New Zealand Sep. Trade Balance out at -424M vs. -681M expected and -719M in Aug. Japan Sep. Industrial Production rose 1.4% MoM and fell -18.9% YoY vs. +1.0%/-19.3% expected, respectively Australia Sep. HIA New Home Sales fell -4.5% MoM Germany Oct. Unemployment Change out at -26k vs. +15kThu, 29 Oct 2009 13:49:27 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-29.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-29.htmlTonight’s US Q3 GDP data may provide the next movement MAJOR HEADLINES – PREVIOUS SESSION US Weekly MBA Mortgage Applications out at -12.3% vs. -13.7% prior US Sep. Durable Goods Orders out at +1.0%, as expected, vs. revised -2.6% prior US Sep. New Home Sales out at -3.6% m/m vs. +2.6% expected and revised +1.0% prior NZ RBNZ leaves official rates unchanged at 2.5% NZ Sep. Trade Balance out at –NZ$424 mln vs. –NZ$681 mln expected and revised –NZ$719 mln prior AU Aug. Conference Board LeadingThu, 29 Oct 2009 07:12:07 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-29.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-28.v02.htmlAUD finally knocked off its perch by low inflation data and dovish words from Treasury's Swan. MAJOR HEADLINES – PREVIOUS SESSION US Weekly ABC Consumer Confidence fell to -51 vs. -49 expected and -50 the previous week Japan Sep. Retail Trade rose 0.9% MoM vs. 0.2% expected Australia Q3 Consumer Prices rose 1.0% QoQ vs. 0.9% expected New Zealand Oct. NBNZ Business Confidence fell to 48.2 vs. 49.1 in Sep. Japan Oct. Small Business Confidence fell to 43.4 vs. 43.5 expected Germany Sep. ImportWed, 28 Oct 2009 14:22:15 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-28.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-28.html"Risk off" inputs seem to be on the increase, but the dollar makes no headway in Asia MAJOR HEADLINES – PREVIOUS SESSION US Aug. S&P/Case-Shiller Home Price Index out at 146.0 vs. revised 144.3 prior  US Aug. S&P/Case-Shiller Composite out at -11.32% y/y vs. -11.9% expected and revised -13.26% prior  US Oct Consumer confidence out at 47.7 vs. 53.5 expected and revised 53.4 prior  US Weekly ABC Consumer Confidence out at -51 vs. -49 expected and -50 prior JP Sep. RetailWed, 28 Oct 2009 07:21:58 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-28.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-27.v02.htmlAUD vulnerable if risk aversion trade remains on and if tonight's inflation data comes in lower than expected. MAJOR HEADLINES – PREVIOUS SESSION Australia Q3 NAB Business Confidence rose to 16 from -4 in Q2 Switzerland Sep. UBS Consumption Indicator out at 0.632 vs. 0.623 in Aug. Sweden Sep. PPI out at -0.9% MoM and -1.6% YoY vs. -0.5%/-1.5% expected, respectively Sweden Sep. Household Lending out at 8.2% YoY vs. 8.0% in Aug. UK Oct. CBI Retail Sales Survey out at 8 vs. 3 expected and 3 inTue, 27 Oct 2009 13:49:19 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-27.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-27.htmlUS yields to take the lead from tonight’s Treasury auction MAJOR HEADLINES – PREVIOUS SESSION US Sep. Chicago Fed Nat’l Activity Index out at -0.81 vs. revised -0.65 prior  US Oct. Dallas Fed Manuf. Activity out at -3.3% vs. -0.5% expected and -6.4% prior AU Q3 NAB Business Confidence out at +16 vs. -4 prior THEMES TO WATCH – UPCOMING SESSION (All times GMT) Swiss UBS Consumption Indicator (0700)  HK Trade Data (0830)  Sweden PPI (0830)  Sweden Household LendingTue, 27 Oct 2009 07:23:12 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-27.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-26.htmlChina’s reserve diversification hits the headlines again and dictates FX sentiment MAJOR HEADLINES – PREVIOUS SESSION US Sep. Existing Home Sales out at 5.57m vs. 5.35m expected and revised 5.09m prior US Sep. Existing Home Sales out at +9.4% m/m vs. +4.9% expected and revised -2.9% prior AU Q3 PPI out at +0.1% q/q, +0.2% y/y vs. +0.3%/+0.5% expected and -0.8%/+2.1% prior resp. SI Sep. Industrial Production out at -7.7% y/y vs. +1.0% expected and revised +11.8% prior THEMES TO WATCH – UPCOMINGMon, 26 Oct 2009 07:02:44 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-26.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-23.v02.htmlJPY weaker still on weak bonds as US Treasury announces another record treasury auction next week. MAJOR HEADLINES – PREVIOUS SESSION Australia Q3 Import/Export Price Index out at -3.0%/-9.6% QoQ vs. -2.8%/-4.7% expected, respectively Germany Oct. Preliminary PMI Manufacturing out at 51.1 vs. 50.1 expected and 49.6 in Sep. Germany Oct. Preliminary PMI Services out at 50.9 vs. 52.5 expected and 52.1 in Sep. Germany Oct. IFO Business Climate out at 91.9 vs. 92 expected and 91.3 in Sep. EuroZoneFri, 23 Oct 2009 13:56:20 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-23.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-23.htmlAsia closing the week with a slightly better bid dollar MAJOR HEADLINES – PREVIOUS SESSION CA Aug. Retail Sales out at +0.8% m/m vs. +0.4% expected and revised -0.5% prior US Weekly Initial Jobless Claims out at 531k vs. 515k expected and revised 520k prior US Weekly Continuing Claims out at 5923k vs. 5970k expected and revised 6021k prior US Sep. Leading Indicators out at +1.0% vs. +0.8% expected and revised +0.4% prior US Aug. House Price Index out at -0.3% m/m vs. +0.3% expected and +0.3%Fri, 23 Oct 2009 06:40:01 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-23.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-22.v02.htmlChina's growth numbers largely in line - but is quality more interesting than quantity? AUD is the G-10 China proxy. MAJOR HEADLINES – PREVIOUS SESSION Japan Sep. Adjusted Merchandise Trade Balance out at ¥58.6B vs. ¥375B expected Japan Sep. Merchandise Trade Exports fell -30.7% YoY vs. -29.7% expected and -36.0% in Aug. China Q3 GDP out at 8.0% YoY vs. 9.0% expected and 7.9% in Q2 China Sep. Producer Price Index out at -10.1% YoY vs. -10.7% expected and -11.4% in Aug. China Sep. CPI out atThu, 22 Oct 2009 13:39:23 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-22.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-22.htmlChina data contains no real surprises but risk generally taken off in Asia MAJOR HEADLINES – PREVIOUS SESSION US Weekly MBA Mortgage Applications out at -13.7% vs. -1.8% prior JP Sep. Merchandise Trade Balance out at ¥520.6b vs. ¥620.8b expected and revised ¥183.3b prior JP Sep. Trade Exports out at -30.7% y/y vs. -29.7% expected and -36.0% expected JP Sep Trade Imports out at -36.9% y/y vs. -38.0% expected and -41.3% prior China Q3 GDP out at +8.9% y/y vs. +9.0% expected and +7.9% prior ChinaThu, 22 Oct 2009 06:27:14 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-22.htmlhttp://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-21.v02.htmlRaft of data from China tonight in Asian session. Major markets have pressed the pause button - what are we waiting for? MAJOR HEADLINES – PREVIOUS SESSION US Weekly ABC Consumer Confidence fell to -50 from -48 last week Australia Aug. Leading Index rose 1.1% Switzerland Q3 Real Estate Index for Family Homes rose to 365.9 from 362.3 UK Oct. CBI Industrial Trends Total Orders fell to -51 from -48 in Sep. THEMES TO WATCH – UPCOMING SESSION (All times GMT) US Weekly Crude Oil and ProductWed, 21 Oct 2009 13:47:17 GMThttp://www.fxstreet.com/technical/forex-strategy/info@saxobank.com (Saxo Bank)http://www.fxstreet.com/technical/forex-strategy/forex-trading-strategies/2009-10-21.v02.html