CA GDP m/m | September 29, 2017 | Currency Trading

CA GDP is expected to move the market in the event we get our tradable deviation (as listed below), and if we do not get our deviation, it is a no trade. Obviously, you could still trade using technical analysis or other fundamental factors, but as far as news trading is concerned, no deviation means […]

NZ RBNZ Interest Rates | September 27, 2017 | Currency Trading

RBNZ Interest Rates decision today is expected remain at the current level of 1.75% as there are very little expectations for a surprise today. Furthermore, considering the last official statement out of RBNZ which stated: “Headline inflation is likely to decline in coming quarters as the effects of higher fuel and food prices dissipate.  The outlook […]

CA Core CPI | September 22, 2017 | Forex News Trading

CA Core CPI is a high impact release for CAD but it is important to consider that the Core Retail Sales release is also scheduled at the same time, therefore it is prudent to pay attention to both releases and avoid getting caught a whipsaw. With crude oil prices showing signs of improvement, I would […]

CA Core Retail Sales | September 22, 2017 | Forex News Trading

CA Core Retail Sales is going to provide market an opportunity to trade but recognizing current market situation with the CAD, I’d use discretion to trade against it, especially with the refineries still recovering after Hurricane Harvey devastated them. Another important thing to remember is that CA Core CPI is also scheduled at the same […]

NZ GDP q/q | September 20, 2017 | Currency Trading

NZ GDP q/q is released on a quarter to quarter basis, therefore there is usually a wider range of forecasts making this release more prone to surprises.  If we get our tradable deviation, we should follow the trade plan below with the only exception being if the earlier FOMC Interest Rate decision volatilities were to […]

US FOMC Interest Rate | September 20, 2017 | Federal Funds Rate

US FOMC Interest Rate decision is once again the primary focus of the week but with the recent consolidation of USD due to tensions with North Korea and geopolitical instability, it is highly unlikely for the Fed to surprise the market today. Obviously, when it comes to the Fed, even no news is considered market […]

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

UK Retail Sales is usually a very decent news to trade especially considering the docket on today’s economic news releases.  With the market showing signs of risk appetite, a strong release today should push the GBP up to the next level after the breach of upper resistance last week above the 1.3500 handle. 4:30am (NY […]

US Core Retail Sales | September 15, 2017 | Forex Trading

US Core Retail Sales is a high impact tradable release and should provide a good opportunity to trade if we get our tradable deviation.  Considering the June reading of employment came in at 222K, today’s retail sales should reflect an uptick in readings as well, unless there is an anomaly with employment correlating with spending […]

US Core CPI | September 14, 2017 | Forex News

US Core CPI is expected to rise only around the 0.2% again this month but with tensions in the geopolitical arena and risk aversion seems to be the only thing on the minds of traders, it is going to be tough to find support for the USD regardless of today’s reading.  However, with that being […]

UK BOE Interest Rate | September 14, 2016 | Currency News

UK BOE Interest Rate Decision will be the main focus of Sterling traders as BOE Carney announces the rate decision and the MPC vote counts.  Although BOE has been somewhat hawkish, they really don’t have much in the terms of economic data to back it up.  If we get a strong CPI earlier this week, […]

AU Employment Change | September 13, 2017 | Currency Analysis

The Australian Employment Change release should provide an opportunity to trade if we get our tradable figures.  Considering that USD is still under selling pressure, any sell off on the AUD should provide opportunities for a buy on the low type of trade; but if we were to get a positive news, then potentially we […]

UK CPI y/y | September 12, 2017 | Forex Strategy

UK CPI y/y release could definitely be a market mover and considering recent weakness in the USD, GBP is definitely positioned for further gains if we were to get a strong (3.0%+) of reading as a strong inflation figure is definitely a positive sign and the single most important reason for BOE to take action. […]

Newsletter

Zero spam.