ACM / Economic calendar and daily foreign exchange news & analysis

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Demo|Live|Free Practice  Daily Newsletter: 19/06/2009  By Peter Rosenstreich - ACM Advanced Currency Markets, Geneva, Switzerland Today's Economic Calendar:  TIME (GMT)    EVENT  VALUE NAME   CONS.   06:00    DE:PPI Month over Month 0%       Year over Year -3.6%   08:00    IT:Unemployment Rate Level 7.3%   12:30    CA:Retail Sales Month over Month 0.1%       Year over Year 0%   Full week Economic Calendar         FX Markets Range Bound & SNB Policy Unchanged News and Events: We are seeing a return of buying risky assets. However, movements have been choppy and of little significance. Yesterday's Philly Fed survey positive surprise help give markets the lift they needed after a difficult week. As was widely expected, the SNB maintained the three-month CHF Libor target between 0.00% and 0.75%, shooting for a target of 0.25%. Canadian Retail Sales and Retail Sales Less Auto figures, both for April, will be the highlight of the US session. Read Today's Key Issues and The Risk Today         Resistance and Support: EURUSD GBPUSD USDJPY USDCHF 1.4265 1.6830 100.00 1.1032 1.4170 1.6740 98.89 1.0988 1.4030 1.6660 97.90 1.0952 1.3928 1.6365 96.78 1.0859 1.3730 1.6305 95.50 1.0750 1.3580 1.6240 94.45 1.0650 1.3425 1.6040 93.85 1.0591 S: Strong, M: Minor, T: Trendline, K: Keylevel, P: Pivot Quick access to our 5 previous newsletters:  SNB Rate Announcement & Philly Fed Index  Usd Gains Halted as Risk Appetite Returns  USD Survives G8 and Continues to Strengthen Ahead of BRIC...  Today its All About US Retail Sales  Markets Pair Back Fed Rate Expectations 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