| Action Insight Mid-Day Report | CAD Down on Job Data, Sterling Lifted by PPI Canadian dollar retreats sharply in early US session. Employment report showed 17.9k expansion in the job market in March, less than consensus expectation of 25k and was less than February's 20.9k. Unemployment rate was unchanged at 8.2% where part of the markets expect a dip to 8.1%. USD/CAD had another test on parity earlier today but once again failed to make a breakthrough. Some more consolidations would be likely in USD/CAD in near term. Full Report Here... | | Special Report | ECB Left Rates Unchanged, Discussed about New Collateral Framework As expected, the ECB left the main refinancing rate at 1% in April. Outlook on growth and inflation were largely unchanged from previous meetings. Focus of the press conference was on Greece's issue and the new collateral framework. Full Report Here... | | Elliott Wave Analysis | Trade Idea: EUR/JPY - Buy At 124.70 Despite falling sharply from 127.95 to 123.43 (yesterday's low), as the single currency staged a strong rebound from there suggests correction from 127.95 has possibly ended at 123.43 as wave ii and gain to 126.22 (61.8% Fibonacci retracement of 127.95 to 123.43) is seen but break of 127.00/10 is needed to confirm this view and bring retest o 127.95 later. Full Report Here... Trade Idea: AUD/USD - Buy At 0.9180 Although aussie has risen after brief pullback, loss of near term upward momentum should prevent sharp move beyond resistance at 0.9331 and risk is seen for minor correction back towards 0.9170/80 but support at 0.9130/35 should hold and bring another upmove later. Above resistance at 0.9331 would confirm upmove has resumed and extend towards next chart point at 0.9407, then towards 0.9490/00. Full Report Here... | | Featured Technical Report | Market Highlights | USD/CAD Mid-Day Outlook Daily Pivots: (S1) 0.9989; (P) 1.0047; (R1) 1.0076; More. USD/CAD has another test on parity today but rebounds strongly in early US session. Consolidation from 0.9976 is still in progress and intraday bias remains neutral. Stronger recovery cannot be ruled out but after all, break of 1.0302 resistance is needed to indicate that USD/CAD has bottomed out. Otherwise, another fall would remain in favor. Below 0.9976 will will confirm down trend resumption and target 0.9823 support next. Read more... All Technical Outlook Reports | Daily Top Movers | Top 5 | Current | Last | Change
(Pips) | Change
(%) | | NZDJPY | 66.64 | 66.00 | +64 | +0.96% | | GBPCAD | 1.5446 | 1.5307 | +139 | +0.90% | | GBPJPY | 143.83 | 142.63 | +120 | +0.83% | | AUDCAD | 0.9365 | 0.9305 | +60 | +0.64% | | NZDUSD | 0.7115 | 0.7070 | +45 | +0.63% | Last Updated: Apr 09, 12:10 GMT Currency Heat Map Daily View | USD | EUR | JPY | GBP | CHF | CAD | AUD | | USD | | | | | | | | | EUR | | | | | | | | | JPY | | | | | | | | | GBP | | | | | | | | Last Updated: Apr 09, 12:10 GMT | | Economic Indicators Update | | GMT | Ccy | Events | Actual | Consensus | Previous | Revised | | 00:30 | USD | Fed Bernanke speaks | | -- | -- | | | 06:00 | EUR | German Trade Balance (EUR) Feb | 12.1B | 11.4B | 8.0B | | | 08:30 | GBP | PPI Input M/M Mar | 3.60% | 1.30% | 0.10% | 0.60% | | 08:30 | GBP | PPI Input Y/Y Mar | 10.10% | 7.10% | 6.90% | 7.50% | | 08:30 | GBP | PPI Output M/M Mar | 0.90% | 0.40% | 0.30% | 0.30% | | 08:30 | GBP | PPI Output Y/Y Mar | 5.00% | 4.40% | 4.10% | 4.20% | | 08:30 | GBP | PPI Output Core Y/Y Mar | 3.60% | 3.10% | 2.90% | 3.00% | | 11:00 | CAD | Net Change in Employment Mar | 17.9K | 25.0K | 20.9K | | | 11:00 | CAD | Unemployment Rate Mar | 8.20% | 8.20% | 8.20% | | | 14:00 | USD | Wholesale Inventories Feb | | 0.40% | -0.20% | | | | Suggested Readings | Fundamental Highlights Technical Highlights | | | Forex Brokers | | | Sponsors |  The World MoneyShow Hong Kong, April 21-23, 2010 at the Grand Hyatt Hong Kong! You'll meet legendary investment experts Steve Forbes, Mark Mobius, Marc Faber, Alexander Elder, John Bollinger, and many others. You will hear and profit from the experts' in-depth insights into global macroeconomics, equities, futures, forex, asset allocation, and more! Conference details and Registration! 
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