ACM / Economic calendar and daily foreign exchange news & analysis

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Demo|Live|Free Practice  Daily Newsletter: 09/07/2009  By Peter Rosenstreich - ACM Advanced Currency Markets, Geneva, Switzerland Today's Economic Calendar:  TIME (GMT)    EVENT  VALUE NAME   CONS.   01:30    AU:Unemployment Rate Level 5.8%   01:30    AU:Employment Level change -15000   04:00    US:Chain Store Sales    04:00    DE:CPI Month over Month 0.4%       Year over Year 0.1%   06:00    DE:Merchandise Trade Level 8.9B   08:30    GB:Merchandise Trade Level -6.7B   11:00    GB:BOE Announcement Change 0bp       Level 0.5%   12:30    US:Jobless Claims New Claims - Level 610K   14:00    US:Wholesale Trade Inventories - M/M change 0%   14:30    US:EIA Natural Gas Report Weekly Change 0bcf   20:30    US:Money Supply M2 Weekly Change $0B   23:50    JP:CGPI (PPI) Year over Year -6.5%       Month over Month 0%   Full week Economic Calendar         EURCHF , USDJPY and the BoE News and Events: Major European equity markets are now trading higher, as we are seeing a slight correction in risk appetite. In Australia unemployment rate continued to creep higher to 5.8% although lower then the markets expectation of 5.9%. Two currencies pairs that we are specifically monitoring are the EURCHF and USDJPY for signs of offical intervention. The scheduled highlight of the trading day will be the BoE rate decision. It is universally expect that the MPC will hold the bank rate at 0.50%, speculation is swirling around whether the BoE will expand its assets purchasing program. Read Today's Key Issues and The Risk Today         Resistance and Support: EURUSD GBPUSD USDJPY USDCHF 1.4140 1.6430 95.60 1.1020 1.4050 1.6330 95.00 1.0955 1.4000 1.6260 94.20 1.0900 1.3967 1.6177 92.90 1.0830 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:  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  Markets are on hiatus ahead of ECB rate decision and early... 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