US Advanced GDP (Q2) | July 28, 2017 | Currency News Trading

Because this is the first quarterly release for the 2nd quarter of 2017, we are likely to see huge market reactions today, especially if we get at least 0.2% of deviation.  Considering the first release is most likely to surprise the market, I’d sit on the sidelines and stay out of the market until after […]

CA GDP m/m | July 28, 2017 | Currency Trading

CA GDP is expected to move the market in the event of a surprise but since it is scheduled at the same time with the US Advanced GDP, I believe market will probably focus more on the US release, especially since it is the first quarterly release at the start of a new quarter. Additionally, […]

US FOMC Interest Rate | July 26, 2017 | Fed Decision Analysis

US FOMC Interest Rate decision is once again the primary focus of the week but unlikely to offer any surprises as market condition remains largely the same.  With improvements in the labor market and moderate expansion in the overall economy, political unrest seemed to be the main issue that is currently driving the USD lower. […]

UK Prelim GDP q/q | July 26, 2017 | Currency Trading

UK Prelim GDP q/q is a first GDP release for the Q2 of 2017 period, and since it is the first release for the quarter it is also the most likely to surprise the market, thus adding more volatility if we were to get a surprise.   I’d wait for the release before taking any […]

AU CPI q/q | July 25, 2017 | Currency Trading

The AU CPI figure today will be a market mover for the AUD.  With recent 600+ pips of upward push since late May, a stronger CPI release today could add more support sentiment on RBA to hike rates in the upcoming meetings.  Last quarter CPI ended at around 2.1%, with Trimmed Mean reading at just […]

CA Core CPI | July 21, 2017 | Forex News Trading

CA Core CPI is a high impact release for CAD and as stated in the other CA analysis (Retail Sales), both releases are scheduled at the same time which will make trading today a bit complicated to say the least. Since CPI is a direct measure of inflation, and inflation is what Central Banks gauge […]

CA Core Retail Sales | July 21, 2017 | Forex News Trading

CA Core Retail Sales is going to provide market volatility for the CAD but once again it is scheduled along with Core CPI so market’s attention is going to be divided, and in a worse case scenario, both figures contradicts each other, market is going to have a field trip with traders’ money as the […]

EU ECB Interest Rate | July 20, 2017 | Forex News Trading

ECB Interest Rate is done in 2 parts, first with the rate decision at 7:45am then followed with a press conference at 8:30am. Market is not expecting any changes today but there are talks of Draghi announcing some kind of bond purchase reductions (tapering), although this may just be speculating from some aggressive euro-bull economists, […]

UK Retail Sales | July 20, 2017 | News Trading Plan

UK Retail Sales should be a good release for the Sterling and our view still remains unchanged as to the long-term view of GBP is a BUY on dip, especially considering recent hawkish comments out of BOE. Of course, at the time of writing this analysis we don’t have the CPI reading yet.  If the […]

AU Employment Change | July 19, 2017 | Currency Analysis

The Australian Employment Change release today will provide market momentum for the AUD and considering recent positive support in the currency, any strong readings today will add to that momentum and potentially change our outlook and forecast for future AUD trades. In short, right now we are looking to BUY on dips, if we were […]

UK CPI y/y | July 18, 2017 | Forex Strategy

UK CPI y/y release could definitely be a market mover if we were to get our tradable deviation today, in either direction.  With BOE’s Carney being remarkably hawkish recently, and the fact inflationary pressure could go over 3%, it should be a game changer for GBP to move up as traders pretty much have been […]

NZ CPI q/q | July 17, 2017 | Forex News Analysis

NZ CPI is a quarterly release and there is definite room for surprise as traders might not get this figure right on first try.  Obviously previous release of 1.0% is a shockingly high figure, with the majority of increases on essential food prices (2.2% increase), Household utilities (3.3% gain) and Transport (3.5% gain).  This means […]

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