CA Employment Change | December 2, 2016 | News Trading

We´ll be getting the Canadian Employment Change release figure today but once again US Nonfarm Payroll is scheduled at the same time, so I’d recommend to pay attention to that release instead, or make sure you wait for both to come out before taking a trade… 8:30am (NY Time) CAD Employment Change Forecast 0.0K Previous […]

US NFP (Nonfarm Payroll) Employment | December 2, 2016 | Currency News

US NFP is expected to be around 165K, and with recent releases showing a positive trend and the fact Janet Yellen practically told us that rate hike will happen this month, we should not see much surprises if we were to get around the expected figure or better.  However, if the figure is much worse […]

UK Retail Sales | November 17, 2016 | Currency Trading

UK Retail Sales should be a good release to watch, but again I would be cautious over holding a long GBP trade for long-term. 4:30am (NY Time) UK Retail Sales Forecast 0.5% Previous 0.0% DEVIATION: 0.5% (BUY GBP 1.0% / SELL GBP 0.0%) The Trade Plan The monthly retail sales report is a direct measurement […]

U.S. ISM manufacturing PMI expands to 51.9 in October

WASHINGTON—A gauge of U.S. factory activity rose in October, a sign the manufacturing sector could be stabilizing after two years of challenging conditions. The Institute for Supply Management on Tuesday said its purchasing manufacturers’ index rose to 51.9 in October from 51.5 in September. A reading above 50 indicates that factory activity is growing, while a reading under 50 signals contraction…

US NFP (Nonfarm Payroll) Employment | November 4, 2016 | Currency News

US NFP is expected to be around 175K, and with recent releases showing a positive trend (177K is the last 5 month’s average), if we get another 150K+, market should take that as positive thus reinforce the potential of a December rate hike.  If we get anything below 100K, then the rate hike expectation could […]

CA Employment Change | November 4, 2016 | News Trading

We´ll be getting the Canadian Employment Change release figure today but with Nonfarm Payroll being scheduled at the same time, I would recommend focusing on the US release instead of this one… that’s what every Forex trader will be doing at this time. 8:30am (NY Time) CAD Employment Change Forecast -10K Previous 67.2K 8:30am (NY […]

US ISM Manufacturing PMI | November 1, 2016 | Forex Trading

US ISM Manufacturing PMI is a leading indicator for the Manufacturing sector of the U.S. economy, and considering Nonfarm Payroll is scheduled on Friday, a stronger release should provide positive sentiment for the USD, and vice versa on a weaker release… Here´s the forecast: 10:00am NY Time US ISM Manufacturing PMI Forecast 51.8 Previous 51.5 […]

UK Retail Sales | October 20, 2016 | Currency Trading

UK Retail Sales should be a good release to watch, but considering the recent down trend in GBP, only take this trade if we get our tradable deviation. 4:30am (NY Time) UK Retail Sales Forecast 0.3% Previous -0.2% DEVIATION: 0.5% (BUY GBP 0.8% / SELL GBP -0.2%) The Trade Plan The monthly retail sales report […]

CA Employment Change | October 7, 2016 | News Trading

We´ll be getting the Canadian Employment Change release figure today but with crude prices fluctuating and not finding a clear trend, CAD will probably not trend today, but of course, it’ll depend on the figure released today.  At any rate, with NFP scheduled at the same time, I’d recommend to pay attention to that release […]

Brexit turns 100 days old and the big fat UK economic collapse has not happened yet

The big fat U.K. economic collapse has not happened. At least not yet. Britain voted 100 days ago to leave the European Union, but the U.K. economy appears to be humming along nicely despite the decision to divorce its biggest trading partner. Government borrowing declined in August, inflation held steady and consumer spending increased by 10% — its biggest jump in more than a decade…

UK Retail Sales | September 15, 2016 | Currency Trading

UK Retail Sales should be a very tradable and we should see plenty of market reaction if we get at least our deviation; at any rate, GBP is expected to drop further until UK invokes article 50 and exit EU, so I would not recommend holding long GBP trades for long. 4:30am (NY Time) UK […]

CA Employment Change | September 9, 2016 | News Trading

We´ll be getting the Canadian Employment Change release figure today but since it is released at the same time with the US Nonfarm Payroll, I suggest to focus on that release because the whole Forex market will be.  If we get a lackluster release in the US figure, then we could look at this but […]

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