AU Employment Change – CNT EA Spike Trade 02/12/14 (+24 pips)

Update: The Australian Employment Change release came out at 71.5K, much higher than the expected 9.5K and unemployment rate also improved by droping from 5.5% to 5.4%. The CNT EA entered a BUY trade in the AUD/CAD at 1.0617 as the market spiked immediately after the release. As the AUD/CAD continued to go up, the […]

US Fed Chairman Bernanke Testimony 07/21/09

Definition: The testimony usually comes in 2 parts: first he reads a prepared statement (a text version is made available on the Fed’s website at the start), then the committee will hold a question and answer session. Since the questions are not known beforehand they can make for some unscripted moments that lead to heavy […]

Canada Core Retail Sales 07/22/09

8:30am CAD Core Retail Sales               Forecast 0.4%        Previous -0.5% ACTION: (USD/CAD)                                    BUY -0.2%                SELL 1.0% My focus will be on Retail Sales Core, which is a measurement of the activities at the retail level of the nation, excluding volatile Automobile Sales Components, which makes up about 25% of Retail Sales headline number. A higher Retail sales […]

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