US Prelim GDP q/q | May 26, 2017 | Forex Trading

US Prelim GDP release is the second release for the 1st quarter of 2017, which is expected at a slight improvement from the previous release due to a slowing economy.  If we get a surprise today, we should see plenty of market reactions to this release, and I believe a surprise to the upside has […]

UK Revised GDP q/q | May 25, 2017 | Currency News Plan

UK Revised GDP q/q is a second GDP release for the Q1 of 2017 period, and since it is the second release for the same quarter market is less likely now to be surprised due to more economic data have been available since the first Prelim release. Obviously with the “Brexit” effect on the UK […]

CA BOC Interest Rates Decision | May 24, 2017 | Forex News Trade

CA BOC Interest Rate today is expected to keep rates unchanged as there are practically no chance for another rate action today.  If anything, we should be looking at further easing on monetary policy as last week’s CPI came in at 1.3% y/y headline and Core (Trim) came in at 1.6% y/y. Considering last Rate […]

CA Core CPI | May 19, 2017 | Forex News Trading Plan

CA Core CPI is a high impact release for CAD and since it is scheduled along with the Retail Sales, I’d use caution and wait for both figures to be release before even considering a trade. CPI is likely the main focus for CAD today, because it has the potential to affect central bank policy decisions, […]

CA Core Retail Sales | May 19, 2017 | News Trading Strategy

CA Core Retail Sales is going to provide market volatility for the CAD as Retail sales and CPI are both scheduled to be released at the same time.  With both high impact indicators providing glimpse into one of the most important areas in Canadian economy, any strong surprise today will probably end up driving the […]

UK Retail Sales | May 18, 2017 | News Trading Plan

UK Retail Sales should be a good release and similarly to the CPI scheduled earlier this week a strong surprise will surely drive the market for at least a couple of hours, depending on the degree of surprise, of course. Considering recent  economic pressure and uncertainty from “Brexit”, especially looking at past 6 Retail Sales […]

AU Employment Change | May 17, 2017 | Currency Trading News

The Australian Employment Change release today will provide some volatility for this Asian trading session, especially considering current Australian economy, a strong surprise in the employment sector could end up pushing the currency for at least a couple of hours. It is also important to look at both Full Time and Part Time employment figures […]

UK CPI y/y | May 16, 2017 | News Trading Plan

UK CPI y/y release could provide a good trading opportunity for the Sterling currency as CPI is probably one of the most watched indicator for UK at this time.  With last week’s BOE rate decision vote count at 1-0-7 and the express fact on raising interest rates sooner if “Brexit” were to move smoothly, a rise […]

US Core Retail Sales | May 12, 2017 | Forex News Trading

US Core Retail Sales is a high impact tradable release but since it is scheduled to be released with the Core CPI, market will undoubtedly look the the CPI first and then the Retail Sales as CPI is probably one of the most important economic indicator for the economy… However, in the absence of a […]

US Core CPI | May 12, 2017 | Currency News

US Core CPI is expected to rise to around the 0.2% and with the Fed continuing with its rate hike and hawkish outlook, the long-term view on the USD remains on the bullish side.  We’ll only trade this release if there is a surprise of at least 0.2%… 8:30am (NY Time) US Core CPI m/m Forecast […]

UK BOE Interest Rate | May 11, 2017 | Currency News

UK BOE Interest Rate Decision is not likely to surprise the market as traders and BOE officials alike are waiting for more development on the current economy.  With ‘Brexit’ underway, BOE is expected to act if situations were to turn for the worse. 7:00am (NY Time) UK BOE Interest Rate Forecast 0.25% Previous 0.25% 7:00am (NY […]

NZ RBNZ Interest Rates | May 10, 2017 | Currency News

RBNZ Interest Rates decision today is expected remain at the current level of 1.75% as there are practically no forecasts of a change.  In the highly unlikely event of a surprise rate action, we should see plenty of market reaction and opportunity to take a trade… 5:00pm (NY Time) RBNZ Interest Rates Decision Forecast 1.75% […]

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