AU RBA Interest Rate Decision | December 4, 2017 | Forex Trading

AU RBA Interest Rate Decision today is once again expected to remain unchanged at the current level of 1.50%.  It is highly unlikely that RBA will surprise the market today, especially considering current CPI and the fact it’s approaching the end of the year as central bankers are reluctant to make any policy changes unless […]

AU Retail Sales | December 4, 2017 | Currency Trading

AU Retail Sales release may provide a trading opportunity but with RBA rate decision scheduled in just under 3 hours, I would steer clear of the market unless we get our tradable deviation. Even if we do get our tradable figure, I would close the trade in 45 minutes just to be on the safe […]

US ISM Manufacturing PMI | December 1, 2017 | Forex Trading

US ISM Manufacturing PMI is the first leading indicator out of US this week but since it’s Friday and Nonfarm Payroll is scheduled for next week, there might not be much volatility after the release, therefore I’d recommend staying out unless we get a strong surprise to justify a trade. Here´s the forecast: 10:00 am […]

CA GDP m/m | December 1, 2017 | Currency Trading

CA GDP is expected to move the market but since it is scheduled along with CA Employment Change, I’d recommend paying close attention to both releases and only trade if we have a consensus in the direction of both releases. In the event that there is a surprise, I would just sit this one out, […]

CA Employment Change | December 1, 2017 | Forex Trading

We´ll be getting the Canadian Employment Change release figure along with its monthly GDP figures.  As both releases are considered as high-impact, I’d recommend paying attention to both releases before taking a trade. Usually, the first Friday is also Nonfarm Payroll release day, but not this week, so our focus will be squarely on the […]

UK Manufacturing PMI | December 1, 2017 | Forex Trading

UK Manufacturing PMI is the first tradable release out of UK for the month of December and with the year coming to an end, I’d use caution as liquidities are generally thinner around this time of the year.  Unless we get our tradable deviations, I’d recommend staying out of the market. 4:30 am (NY Time) […]

US Prelim GDP q/q | November 29, 2017 | Forex Trading

US Prelim GDP release is the second release for the 3rd quarter of 2017, which is expected at a slight improvement of about 0.3% (3.3%) from the prior release. Considering that the NFP is not scheduled to be released this Friday, the market will be paying close attention to this release as it is probably […]

UK Revised GDP q/q | November 23, 2017 | Currency News Plan

UK Revised GDP q/q is a second GDP release for the Q3 of 2017 period, and since it is the second release for the same quarter market is less likely to surprise as more data has become available since the first release. Judging from the forecast and prior reading, I do not think there is […]

CA Core Retail Sales | November 23, 2017 | Forex News Trading

CA Core Retail Sales is going to provide market an opportunity to trade but honestly with the US market closed due to holidays, it’s probably best to stay out of the market. I have seen some violent moves during Thanksgiving weekends.  As a matter of fact, central banks intervene during this period to minimize losses.  […]

NZ Retail Sales | November 22, 2017 | Currency News Trading

NZ Retail Sales release is a quarterly release and since it is scheduled during U.S. afternoon it will be the only high impact release at this time.  Considering that it’s the Thanksgiving holiday week in the U.S., the market is going to close shop early and volatilities are going to die down.  If we do […]

CA Core CPI | November 17, 2017 | 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.  With the USD remaining quite strong and the fact crude prices continue to fluctuate, it will be difficult to predict a market trend for the CAD, but for the short-term, we could still […]

UK Retail Sales | November 16, 2017 | News Trading Plan

UK Retail Sales is usually a very decent news to trade especially considering recent strength in the GBP despite constant pressure from the US Dollar.  With CPI remaining above the 3.0%, I believe GBP is a long hold trade and we may very well see the currency continue its ascension. 4:30am (NY Time) UK Retail Sales […]

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