ACM / Economic calendar and daily foreign exchange news & analysis

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Demo|Live|Free Practice  Daily Newsletter: 24/06/2009  By Peter Rosenstreich - ACM Advanced Currency Markets, Geneva, Switzerland Today's Economic Calendar:  TIME (GMT)    EVENT  VALUE NAME   CONS.   08:00    IT:Retail Sales Month over Month -0.3%       Year over Year 0%   11:00    US:MBA Purchase Applications Purchase Index - Level 0   12:30    US:Durable Goods Orders New Orders - M/M change -0.5%       Ex-transportation - M/M 0%   14:00    US:New Home Sales New Home Sales - Level - SAAR 365K   14:30    US:EIA Petroleum Status Report Crude oil inventories (weekly change) 0M barrels   18:15    US:FOMC Meeting Announcement Federal Funds Rate - Target Level 0%   Full week Economic Calendar         FOMC Due News and Events: In light trading, risk appetite has stabilized with USD weakening, while equities and commodities temporarily halted their downside slide. Today Japan's May trade balance showed a trade surplus of Y299.9bn, which is slightly better than the market consensus of Y210.bn. Today's key event will be the FOMC rate decision and accompanying statement. Markets are universally expecting no change in the Fed fund target rate and most participants are expecting a more upbeat outlook on the economy. Read Today's Key Issues and The Risk Today         Resistance and Support: EURUSD GBPUSD USDJPY USDCHF 1.4337 1.6750 98.90 1.1060 1.4267 1.6720 97.20 1.0990 1.4177 1.6660 96.30 1.0910 1.4059 1.6559 95.25 1.0830 1.3830 1.6470 94.50 1.0590 1.3750 1.6400 93.80 1.0375 1.3590 1.6210 91.50 1.0350 S: Strong, M: Minor, T: Trendline, K: Keylevel, P: Pivot Quick access to our 5 previous newsletters:  World Bank Downgrade its Global Growth Estimate  Subtle USD Strength in an Uncertain Market  FX Markets Range Bound & SNB Policy Unchanged  SNB Rate Announcement & Philly Fed Index  Usd Gains Halted as Risk Appetite Returns 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