ACM / Economic calendar and daily foreign exchange news & analysis

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Demo|Live|Free Practice  Daily Newsletter: 10/07/2009  By Peter Rosenstreich - ACM Advanced Currency Markets, Geneva, Switzerland Today's Economic Calendar:  TIME (GMT)    EVENT  VALUE NAME   CONS.   06:50    FR:Industrial Production Month over Month -0.2%       Year over Year -15%   08:00    IT:Industrial Production Month over Month -1.1%       Year over Year 0%   08:30    GB:Producer Input Price Index Month over Month 0.8%       Year over Year -12.2%   08:30    GB:POP Month over Month 0.4%       Year over Year -0.7%   11:00    CA:Unemployment Rate Level 8.7%   11:00    CA:Employment Level Change -34.6   12:30    US:Import and Export Prices Import Prices - M/M change 0%       Export Prices - M/M change 0%       Import Prices - Y/Y change 0%       Export Prices - Y/Y change 0%   12:30    US:International Trade Trade Balance Level $-28.8B   12:30    CA:Merchandise Trade Level 0B   13:55    US:Consumer Sentiment Sentiment Index - Level 71.5   Full week Economic Calendar         Comments From China Provide Some Buzz on this Quiet Summer Friday News and Events: Chinese offical states "we should have a better system for reserve currency issuance and regulation so that we can maintain relative stability of major reserve currencies." As stated yesterday we are carefully monitoring both the EURCHF and USDJPY since both are at levels that will make there respective officials very uncomfortable. In an interesting turn the BoE opted not to expand its asset purchase program which could potentially run out before August meeting. Read Today's Key Issues and The Risk Today         Resistance and Support: EURUSD GBPUSD USDJPY USDCHF 1.4140 1.6430 95.60 1.1060 1.4050 1.6330 94.60 1.1020 1.4000 1.6260 93.80 1.0930 1.3907 1.6209 92.78 1.0902 1.3860 1.6090 91.80 1.0800 1.3800 1.6040 91.00 1.0720 1.3748 1.5980 89.80 1.0630 S: Strong, M: Minor, T: Trendline, K: Keylevel, P: Pivot Quick access to our 5 previous newsletters:  EURCHF , USDJPY and the BoE  USDJPY approaches its 4 Months low  Consolidation on Majors ahead of G8 Meeting  Haven currencies benefit from strong return of risk aversion as...  Risky Assets take a hit on U.S. Payrolls This e-mail is intended solely for the indicated recipient(s). It may contain privileged and/or confidential information. If you are not one of the intended recipients, please notify the sender immediately and destroy this e-mail; you must not copy, distribute or take any action in reliance on the information contained within. Whilst all efforts are made to safeguard inbound and outbound e-mails, ACM SA cannot guarantee that attachments are virus free or compatible with your software and declines any liability in respect to viruses or computer problems experienced. Any views expressed in this message are those of the individual sender, except where specifically stated to be the view of ACM SA, its subsidiaries or associates. Additionally ACM SA declines any liability connected with losses incurred on transactions based on any market information and/or opinions contained within this e-mail. This message has been checked for all known viruses by McAfee Virus scan. DIRECT LINKS:   Forex Trading   New To Forex   Forex Quotes   Charts   White Labels   Asset Managers   Introducing Brokers     unsubscribe