US Advanced GDP (Q4) | January 26, 2018 | Currency News Trading

Because this is the first quarterly release for the 4th 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 Core CPI | January 26, 2018 | Forex News Trading

CA Core CPI is a high impact release for CAD although it’s usually not very tradable unless we get a huge deviation.  Since we do have the first GDP release out of U.S. at the same time, I’d recommend paying close attention to both releases before taking a trade.  As a matter of fact, I […]

UK Prelim GDP q/q | January 26, 2018 | Currency Trading

UK Prelim GDP q/q is a first GDP release for the Q4 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 […]

CA Core Retail Sales | January 25, 2018 | Forex News Trading

CA Core Retail Sales is likely a good release to trade today, especially considering recent strength in CAD since the early December 2017; a strong release might push the USDCAD pair to a new low, breaking the support below 1.2350 area… 8:30 am CA Core Retail Sales Forecast 0.9% Previous 0.8% DEVIATION: 0.5% (BUY CAD […]

EU ECB Interest Rate | January 25, 2018 | Forex News Trading

ECB Interest Rate is done in 2 parts, first with the rate decision at 7:45 am then followed with a press conference at 8:30 am. The market is not expecting any changes today but since last rate decision the EURUSD pair moved from 1.1770 up to the current 1.2220 level, which is a strong sign […]

NZ CPI q/q | January 24, 2018 | Forex News Analysis

NZ CPI is a quarterly release and there is plenty of room for a surprise as traders might not get this figure right on the first release.  As this is the first significant release out of New Zealand this month, I expect to see plenty of reactions if there is a surprise. 4:45pm (NY Time) […]

UK Retail Sales | January 19, 2018 | News Trading Plan

UK Retail Sales is usually a very decent news to trade but since we are expecting a negative -0.8%, it will be a tough decision to consider buying the pair unless we end up with a positive release.  Obviously, if we get a -1.3%, then it may justify our decision to take a sell trade. 4:30 […]

AU Employment Change | January 17, 2018 | Currency Analysis

The Australian Employment Change release should provide an opportunity to trade the Aussie especially if we were to get our tradable figures.  With the market back in full force, any surprises today should end up driving the market. 7:30 pm (NY Time) AU Employment Change Forecast 15.2K Previous 61.6K 7:30 pm (NY Time) AU Unemployment […]

CA BOC Interest Rates Decision | January 17, 2018 | Forex News Trade

CA BOC Interest Rate today is widely expected to be a hike. With the recent rise in market sentiment and the fact crude prices have stabilized are providing some grounds for BOC to go ahead with today’s rate hike. If we get a stronger than expected hike, such as 50 basis points, we should buy […]

UK CPI y/y | January 16, 2018 | Forex Strategy

UK CPI y/y release is going to be a major release for the new year.  With the market back at full-force, we should see plenty of market reactions if inflationary pressure were to remain above the 3.0% threshold, as BOE is both tolerate but mindful of this figure. Considering the recent change of stance by […]

US Core Retail Sales | December 14, 2017 | Forex Trading

US Core Retail Sales is a high impact tradable release, the last high impact tradable release for the week, and perhaps for the month as Chrismas holidays are approaching.  With liquidities thinning out, so unless we get our tradable deviation, I’d recommend just staying out of the market. Here´s the forecast: 8:30am (NY Time) US […]

EU ECB Interest Rate | December 14, 2017 | Forex News Trading

ECB Interest Rate is done in 2 parts, first with the rate decision at 7:45 am then followed by a press conference at 8:30 am. The market is not expecting any changes today but we did see selling pressure on the Euro since the last meeting and we are almost back to the same levels, […]

Newsletter

Zero spam.