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 […]

Inflation puts the brakes on Britain’s economic activity

Official GDP estimate – due on Friday – will reflect how weaker pound has pushed up the cost of imported goods

Britain’s economy cooled considerably in the first three months of the year as higher inflation put a squeeze on disposable incomes, official figures are expected to show this week.

The economy shrugged off the shock of the Brexit vote last June and has been surprisingly resilient, with growth rates of 0.5% in the third quarter of 2016 and 0.7% in the final quarter.

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US FOMC Interest Rate | December 14, 2016 | Currency Trading

US FOMC Interest Rate decision today is the main focus of the week and considering how much time the Fed has given us about today’s rate hike, I seriously doubt that there will be any surprises.  However, if we do get a surprise of a no hike, we should see serious USD gains. 2:00pm US […]

UK CPI y/y | December 13, 2016 | Currency Trading

UK CPI y/y release could change the current directional bias for the Sterling as market may show some fatigue towards the never ending “Brexit” fears. If we get a significantly strong CPI, I would not hesitate go LONG on cable. 4:30am NY Time UK CPI y/y Forecast 1.1% Previous 0.9% DEVIATION: 0.3% (BUY GBP 1.4% […]

UK CPI y/y | November 15, 2016 | Currency Trading

UK CPI y/y release should provide plenty of market reaction but of course with the drama continuing with the “Brexit” event, I’d recommend only buy GBP for the short-term if we get our buy deviation. 4:30am NY Time UK CPI y/y Forecast 1.1% Previous 1.0% DEVIATION: 0.3% (BUY GBP 1.4% / SELL GBP 0.8%) The […]

UK CPI y/y | August 16, 2016 | Currency Trading

UK CPI y/y release should provide some market reactions as traders are watching further supporting data out of UK for easing, especially if this release were to miss expectation today. 4:30am NY Time UK CPI y/y Forecast 0.5% Previous 0.5% DEVIATION: 0.3% (BUY GBP 0.8% / SELL GBP 0.2%) The Trade Plan We are looking […]

UK CPI y/y | March 22, 2016 | Currency Trading

UK CPI y/y release should provide some directional push for the Sterling especially with the Brexit referendum still hanging in the air. I would definitely pay close attention to this release and follow the trade plan below… 5:30am NY Time UK CPI y/y Forecast 0.4% Previous 0.3% DEVIATION: 0.3% (BUY GBP 0.7% / SELL GBP […]

US FOMC Interest Rate | March 16, 2016 | Currency Trading

US FOMC Interest Rate decision today is likely the main focus of the week and with market calling for more rate hikes by the Fed before year end, today’s release is unlikely to surprise, but with recent CPI and NFP releases, anything is possible… 2:00pm US FOMC Interest Rate Forecast 0.50% Previous 0.50% DEVIATION: N/A […]

U.S. inflation rises the most in nearly 4-1/2 years in January

Rising rents and healthcare costs lifted underlying U.S. inflation in January by the most in nearly 4-1/2 years, signs of a pick-up in price pressures that could allow the Federal Reserve to gradually raise interest rates this year. The Labor Department said on Friday its Consumer Price Index, excluding the volatile food and energy components, increased 0.3 percent last month. That was the biggest gain since August 2011 and followed a 0.2 percent rise in December…

UK CPI y/y | February 16, 2016 | Currency Trading

UK CPI y/y release should provide some directional momentum for the Sterling as recent market turmoil have driven risk aversion flows, a stronger release could strength GBP further… 4:30am NY Time UK CPI y/y Forecast 0.3% Previous 0.2% DEVIATION: 0.3% (BUY GBP 0.6% / SELL GBP 0.0%) The Trade Plan We are looking for a […]

U.S. economy could suffer if volatility in financial markets persists: Fed’s Fischer

The U.S. economy could suffer, with inflation remaining too low, if recent volatility in financial markets persists and signals a slowdown in the global economy, the Federal Reserve’s second-in-command said on Monday. Fed Vice Chairman Stanley Fischer, however, warned about jumping to conclusions given that some past bouts of financial market turbulence have not harmed the world’s largest economy…

UK CPI y/y | December 15, 2015 | Currency Trading

UK CPI y/y release should provide plenty of momentum for the Sterling, especially considering how BOE is trying to keep the market convinced that a rate hike is still on the table… 4:30am NY Time UK CPI y/y Forecast 0.1% Previous -0.1% DEVIATION: 0.3% (BUY GBP 0.4% / SELL GBP -0.2%) The Trade Plan We […]

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