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 […]

CA Employment Change | May 5, 2017 | News Trading

We´ll be getting the Canadian Employment Change release figure along with the US Nonfarm Payroll Report.  Since 95% of the market is paying attention to the NFP, I’d recommend that we do the same.  On an odd chance of having a strong CAD release versus a weak US release (or vice versa), we should see […]

UK Services PMI | May 4, 2017 | Currency News

UK Services Purchasing Manager Index is a very tradable indicator as the majority workforce is services oriented, thus a strong release should add plenty of positive momentum for the GBP or vice versa on a weak release… 4:30am (NY Time) UK Services PMI Forecast 54.6 Previous 55.0 Deviation: 2.5 (BUY GBP 57.1 / SELL GBP 52.1) […]

EU ECB Interest Rate | April 27, 2017 | Forex News Trading

ECB Interest Rate is done in 2 parts, first with the rate decision at 7:45am then followed with a press conference at 8:30am.  Market is not expecting any changes today but with recent positive comments and pro-active attitudes from ECB members, I would expect a positive boost on the EUR if I were to take […]

UK Retail Sales | April 21, 2017 | Currency Trading

UK Retail Sales should be a good release to trade and judge from recent market volatility, a strong surprise today should tilt the scale on Sterling. 5:30am (NY Time) UK Retail Sales Forecast -0.3% Previous 1.4% DEVIATION: 0.5% (BUY GBP 0.2% / SELL GBP -0.8%) The Trade Plan The monthly retail sales report is a […]

AU Employment Change | April 12, 2017 | Currency Trading News

The Australian Employment Change release today is highly focused release which gives a glimpse into current Australian economy.  A strong release with full-time employment is obviously positive for the AUD, therefore we’d only take a trade if and when we get to our tradable deviation. 8:30pm (NY Time) AU Employment Change Forecast 20.3K Previous -6.4K […]

CA Employment Change | April 7, 2017 | News Trading

We´ll be getting the Canadian Employment Change release figure along with the US Nonfarm Payroll Report.  Since 95% of the market is paying attention to the NFP, I’d recommend that we do the same.  If you are planning to trade USDCAD, then make sure there is no conflict and if we are lucky, with both […]

Oil prices slip amid concerns of rise in U.S. supply, drilling

Oil prices slipped on Monday despite news that OPEC was supportive of extending a six-month deal to cut output as investors continue to grapple with worries about growing U.S. oil output and high inventories. Benchmark Brent crude futures briefly surged into positive territory, but edged back down again, after sources within the group said the Organization of the Petroleum Exporting Countries was considering extending production cuts into the second half of 2017…

UK Retail Sales | March 23, 2017 | Currency Trading

UK Retail Sales should be a good release and similar to the CPI release, any surprise should provide plenty of volatility for the market and opportunity for traders. 5:30am (NY Time) UK Retail Sales Forecast 0.4% Previous -0.3% DEVIATION: 0.5% (BUY GBP 0.9% / SELL GBP -0.1%) The Trade Plan The monthly retail sales report […]

Global stock market near record highs, dollar slips after Fed’s rate hike

World stocks perched near a record high on Friday after a week when most of the world’s biggest economies either raised rates, or signaled hikes, in a strong sign of confidence about global growth and inflation. Investors turned their attention to a meeting of world finance chiefs in Germany starting Friday, where topics including economic reform, protectionism and exchange rates are expected to be on the agenda…

Greece needs a shock of growth: Greece’s deputy prime minister Dragasakis

In the long and winding road of Greek debt drama, disappointment and hope have been the alternating emotions that every government has faced. With the nation’s crisis no nearer to being resolved than when it erupted seven years ago, negotiations with creditors at another critical juncture and Europe engulfed in uncertainty, the need for hope has never been greater…

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