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 0.2% Previous 0.4%
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 Analysis US Core CPI m/m 04/13/12
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