ASIA-PACIFIC Trading Newsletter - Jan 31, 2008

Thursday, Jan 31, 16:51 GMT

ASIA-PACIFIC Trading Newsletter

To Get Started

• The Advisor Weblog: At the Close
• Webinars VIDEOS: Raghee Horner's Four Step Trading: Forex by Raghee Horner
• Special Coverage: ADP & GDP, by FXstreet.com
• Trendex: Instant Trading Tips from FX Pros right to your desktop

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.

Live Sessions Schedule

Live Look at Today's Markets
Expert: Derek Frey
Start: Thu, Jan 31, 18:00 GMT
Sponsored by: 
Type of Session: Webinar

SPECIAL EVENT: Trade Non−Farm Payrolls LIVE − 21st Edition
Expert: Wayne McDonell
Start: Fri, Feb 1, 13:00 GMT
Sponsored by: 
Type of Session: Webinar

Sponsored by
Thu, Jan 31, 18:00 GMT	Live Look at Today's Markets	Derek Frey	WBN
Fri, Feb 1, 13:00 GMT	SPECIAL EVENT: Trade Non−Farm Payrolls LIVE − 21st Edition	Wayne McDonell	WBN
Mon, Feb 4, 10:00 GMT	FX Instructor Live Trading Room	Mihai Marinescu	WBN
Mon, Feb 4, 11:00 GMT	What Moves Currencies? − Preview of the Week Ahead	Tony Juste	WBN
Mon, Feb 4, 12:00 GMT	Weekly Webinar: 1st on Forex − The Week Ahead	Jerry Furst	WBN

[ View All ]

USD/JPY

Mid−Day Forex Technical Report − Yen Rallies on Risk Aversion again by ActionForex.com

USD/JPY finally took out 105.92 support, confirming that corrective rebound from 104.96 is completed with three waves up to 107.89. Further decline should now be seen to retest 104.96 low and decisive break will indicate that whole decline from 114.77 has resumed for next medium term target of 101.22/65 level.

[ Full Story ]

• Commitment of Traders (COT) Indicator − Free Access Day by S. Wade Hansen, Founder Profiting With Forex
• Check out how pairs moved: Live Currency Rates & Charts
• Follow up the most relevant Economic Data in the new Real Time Economic Calendar

Currency Majors Technical Analysis − 105,83. USD JPY broke by Mataf.net

Currency Performance Report − Europe Session Performance by FXstreet.com

Top Market Movers Preview

UK PMI MANUFACTURING

Date (GMT)		Event	Cons.	Previous
Feb 1	09:30	PMI Manufacturing	52.5	52.9

Friday Notes - More to come from Fed; ECB to follow by HVB Group

Smoothing the monthly volatility of the data, the underlying trend in manufacturing PMI remains downwardly oriented and we expect it to remain so over the next several months.

[ Full Story ]

Top Market Movers Review

US CORE PERSONAL CONSUMPTION EXPENDITURE − PRICES INDEX

Date (GMT)		Event	Actual	Cons.	Previous
Jan 31	13:30	Core Personal Consumption Expenditure − Prices Index (MoM)	0.2%	0.2%	0.2%
Jan 31	13:30	Core Personal Consumption Expenditure − Prices Index (YoY)	2.2%	2.2%	2.2%

DATA SNAP: US Dec Consumer Spending Slows Sharply (Dow Jones)

Consumer spending grew during December but the increase was much smaller than the surge in the prior month, while income accelerated. Personal consumption climbed by 0.2% compared to the month before, the Commerce Department said Thursday.

[ Full Story ]

• Read the PCE data at Bureau of Economic Analysis
• US personal spending decreases sharply in December − UPDATE (FXstreet.com)
• Dollar Falls Below Y106.0 After PCE, Jobless Data (Dow Jones)
• US December consumer spending up 0.2 pct vs 0.1 pct expected (Thomson Financial News)

US economic indicators - GDP growth in Q4 could have slowed down to about 1% qoq by BHF−Bank

Currencies at a Glance

EUR/USD

Moves down below pivot level 1.4839
01/31/2008 16:26 GMT

GBP/USD

Moves down below pivot level 1.9886
01/31/2008 16:26 GMT

USD/CHF

Back around opening price level 1.0833 , below pivot level 1.0866
01/31/2008 16:27 GMT

USD/JPY

Back around opening price level 106.28 , below pivot level 106.65
01/31/2008 16:27 GMT

Analyst Sentiment Index (ASI)

Analysts Sentiment Index - EUR/USD

**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading, Mizuho Corporate Bank

[ View ASI page ] [ View EUR/USD page ]

Charting the Market Movers

GBP USD, Hourly

EUR USD, Hourly

Economic Events

Date (GMT)		Country	Event	Actual	Cons.	Previous
Jan 31	13:30	US	Initial Jobless Claims (Jan 26)	375K	320K	306K
	14:45	US	Chicago Purchasing Managers' Index (Jan)	51.5	53.0	56.4
	22:30	AU	Manufacturing PMI (Jan)			57.6
Feb 1	08:30	CH	SVME − Purchasing Managers' Index (Jan)		60.3	61.3
	08:55	DE	PMI Manufacturing (Jan)		53.6	53.6
	09:00	EMU	PMI Manufacturing (Jan)		52.6	52.6
	09:30	UK	PMI Manufacturing (Jan)		52.5	52.9

[ View All ]

Past Issues  ·   Subscribe to other newsletters  ·   Unsubscribe

Before printing please ensure that it is absolutely necessary. Remember the environment is for all of us!

FXstreet.com Newsletter does not constitute a solicitation for the purpose of buying or selling in the foreign exchange market. Although the information contained in FXstreet.com Newsletter comes from trusted sources, FXstreet.com is not responsible for guaranteeing the accuracy, timeliness, completeness or fitness of such sources. © 2007 \"FXstreet.com. The Forex Market\" All Rights Reserved.Click here to unsubscribe

U.S. Trading Newsletter - Jan 31, 2008

Thursday, Jan 31, 12:10 GMT

U.S. Trading Newsletter

To Get Started

• Webinars VIDEOS: Raghee Horner's Four Step Trading: Forex by Raghee Horner
• Market reaction to FOMC rate decision by FXstreet.com
• Special Coverage: ADP & GDP by FXstreet.com

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.

Special Coverage: Central Banks − Fed

Jan 30 Meeting: 50bp rate cut

In its January 31 meeting the Fed has decided to cut its interest rate by 50bp, leaving the benchmark rate at 3%.

[ Full Story ]

• Check the effect in our Rates and Charts Section
• Compare the movements in our World Interest Rates Table

Live Sessions Schedule

Weekly Technical Briefing
Expert: Dan Blystone
Start: Thu, Jan 31, 14:30 GMT

Type of Session: Webinar

How to Get Started Trading Forex
Expert: Steve Primo
Start: Thu, Jan 31, 16:00 GMT

Type of Session: Webinar

Sponsored by
Thu, Jan 31, 12:00 GMT	Trading Currencies by Sector	Adam Rosen	WBN
Thu, Jan 31, 13:00 GMT	US Pre−Market Open	Ed Ponsi	WBN
Thu, Jan 31, 14:30 GMT	Weekly Technical Briefing	Dan Blystone	WBN
Thu, Jan 31, 15:00 GMT	FOREX MASTERY − A Child's Play (Part 2)	Jay Lakhani	WBN

[ View All ]

Current Session: Europe − U.S.

GBP/USD

Forex Technical Report − GBP/USD 1.9870 − 31 January by iFOREX.bg

GBP/USD Open 1.9836 High 1.9955 Low 1.9826 Close 1.9863.
First resistance for the Sterling today is yesterday's top 1.9960. Next is the top from 28 December at 1.2015, followed by 2.0060, where the 50 day crawling middle line passes. In downward direction support is expected at 1.9810, followed 1.9710, which is 37.8% correction of the climb 1.9340 − 1.9930.

[ Full Story ]

• Commitment of Traders (COT) Indicator − Free Access Day by S. Wade Hansen, Founder Profiting With Forex
• Check out how pairs moved: Live Currency Rates & Charts
• Follow up the most relevant Economic Data in the new Real Time Economic Calendar

Daily Analysis − The Fed cut the rate again by 0.5% and leave the borrowing cost at 3.0% by Finotec Group Inc.

EUR/USD Daily Technical Forex − EUR/USD Daily Technical Forex by Stoploss.ch

Majors at a Glance

EUR/USD

Trades around opening price level 1.4860 , above pivot level 1.4839
01/31/2008 12:03 GMT

GBP/USD

Moves up above first resistant level 1.9936
01/31/2008 12:04 GMT

USD/CHF

Moves down below first support level 1.0783
01/31/2008 12:04 GMT

USD/JPY

Moves down towards first support level 105.85
01/31/2008 12:05 GMT

Analyst Sentiment Index (ASI)

Analysts Sentiment Index - EUR/USD

**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading, Mizuho Corporate Bank

[ View ASI page ] [ View EUR/USD page ]

Charting the Market Movers

EUR USD, Hourly

GBP USD, Hourly

Top Market Movers Preview

US CORE PERSONAL CONSUMPTION EXPENDITURE − PRICES INDEX

Date (GMT)		Event	Cons.	Previous
Jan 31	13:30	Core Personal Consumption Expenditure − Prices Index (MoM)	0.2%	0.2%
Jan 31	13:30	Core Personal Consumption Expenditure (QoQ)	-	1.8%
Jan 31	13:30	Core Personal Consumption Expenditure − Prices Index (YoY)	2.2%	2.2%

US economic indicators - GDP growth in Q4 could have slowed down to about 1% qoq by BHF−Bank

As the PCE deflator could have risen by about 0.2% mom, real personal spending will have turned even more negative. The PCE core deflator is expected to have risen by 0.2% mom, leaving the annual rate stable at 2.2% – above the Fed's comfort zone.

[ Full Story ]

Top Market Movers Review

UK GFK CONSUMER CONFIDENCE

Date (GMT)		Event	Actual	Cons.	Previous
Jan 31	10:30	Gfk Consumer Confidence	-13	-15	-14

DATA SNAP: UK Consumer Confidence Stays Weak In January (Dow Jones)

Despite a marginal rise in the headline measure of confidence, U.K. consumer sentiment stayed weak in January. According to the results of a monthly survey released by London−based market research firm GfK NOP Thursday, the overall index of consumer confidence was stronger than expectations.

[ Full Story ]

• Read the Consumer Confidence data at Gfk NOP
• UPDATE: UK Consumer Confidence Stays Weak In January (Dow Jones)
• UK GfK consumer confidence, practically unchanged at very low level in January (FXstreet.com)
• UK consumers remain downbeat in January − GfK NOP (Thomson Financial News)

EMU CONSUMER PRICE INDEX

Date (GMT)		Event	Actual	Cons.	Previous
Jan 31	10:00	Consumer Price Index (YoY)	3.2%	3.1%	3.1%

DATA SNAP: Euro−Zone Jan CPI Hits New High Of +3.2% On Yr (Dow Jones)

Prices in the euro zone surged in January, as a measure of the annual rate of consumer−price inflation in the region hit a new all−time high of 3.2%, diminishing the chances of any relaxation in the European Central Bank's interest rate policy.

[ Full Story ]

• Read the report: Euro area inflation estimated at 3.2% at Eurostat
• UPDATE: Euro−Zone Jan CPI Highest Rate Since Euro Inception (Dow Jones)
• Euro zone Jan provisional HICP up 3.2 pct vs 3.1 in Dec (Thomson Financial News)
• Euro Zone CPI, estimated to have risen 3,2% year−on−year in January (FXstreet.com)

Friday Notes - More to come from Fed; ECB to follow by HVB Group

Economic Events

Date (GMT)		Country	Event	Actual	Cons.	Previous
Jan 31	09:00	DE	Consumer Price Index (YoY) (Jan)	2.7%	2.7%	2.8%
	10:00	EMU	Consumer Confidence	-12	-10	-9
	10:00	EMU	Consumer Price Index (YoY) (Jan)	3.2%	3.1%	3.1%
	10:00	EMU	Economic Confidence (Jan)	101.7	104.1	103.4
	10:00	EMU	Unemployment Rate (Jan)	7.2%	7.1%	7.2%
	10:30	UK	Gfk Consumer Confidence (Jan)	-13	-15	-14
	13:30	US	Continuing Jobless Claims (Jan 19)		2688K	2672K
	13:30	US	Core Personal Consumption Expenditure − Prices Index (MoM) (Dec)		0.2%	0.2%
	13:30	US	Core Personal Consumption Expenditure − Prices Index (YoY) (Dec)		2.2%	2.2%
	13:30	US	Core Personal Consumption Expenditure (QoQ) (4Q)			1.8%

[ View All ]

Past Issues  ·   Subscribe to other newsletters  ·   Unsubscribe

Before printing please ensure that it is absolutely necessary. Remember the environment is for all of us!

FXstreet.com Newsletter does not constitute a solicitation for the purpose of buying or selling in the foreign exchange market. Although the information contained in FXstreet.com Newsletter comes from trusted sources, FXstreet.com is not responsible for guaranteeing the accuracy, timeliness, completeness or fitness of such sources. © 2007 \"FXstreet.com. The Forex Market\" All Rights Reserved.Click here to unsubscribe

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EUROPEAN Trading Newsletter - Jan 31, 2008

Thursday, Jan 31, 08:24 GMT

EUROPEAN Trading Newsletter

To Get Started

• Webinars VIDEOS: Raghee Horner's Four Step Trading: Forex by Raghee Horner
• Central Banks: Fed - Preview of Jan 30 Meeting by FXstreet.com
• Special Event: Trade Non-Farm Payrolls LIVE - 21st Edition
• Improve your trading with our Trading Tools
• The Advisor Blog: At the Open.

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.

Live Sessions Schedule

Trading Currencies by Sector
Expert: Adam Rosen
Start: Thu, Jan 31, 12:00 GMT

Type of Session: Webinar

FOREX MASTERY − A Child's Play (Part 2)
Expert: Jay Lakhani
Start: Thu, Jan 31, 15:00 GMT

Type of Session: Webinar

By subscribing to any of the newsletters, you accept to receive dedicated e-mails with promotions and advertisement. These e-mails will be sent by FXstreet.com, therefore your personal data will never be given to any third party. You can drop yourself from any newsletter by clicking here.

Sponsored by
Thu, Jan 31, 12:00 GMT	Trading Currencies by Sector	Adam Rosen	WBN
Thu, Jan 31, 13:00 GMT	US Pre−Market Open	Ed Ponsi	WBN
Thu, Jan 31, 14:30 GMT	Weekly Technical Briefing	Dan Blystone	WBN
Thu, Jan 31, 15:00 GMT	FOREX MASTERY − A Child's Play (Part 2)	Jay Lakhani	WBN

[ View All ]