We´ll be trading US Core CPI m/m release tomorrow. CPI or Consumer Price Index, also known as the “true cost of living”, is what drives Central Banks to raise/cut interest rate, therefore this release will be widely watched. Here´s the forecast for the CPI:
8:30am (NY Time) US Core CPI m/m Forecast 0.3% Previous 0.1%
The Trade Plan
We´ll be trading this release using our after news retracement trade method.
For more information on my trading methods:
Forex News Trading For US Core CPI 02/17/12
February 16, 2012 by Leave a Comment