Canada GDP m/m 08/31/09

8:30am (NY Time) CA GDP m/m   Forecast 0.2%  Previous -0.5% ACTION: USD/CAD          BUY -0.1%         SELL 0.5% I’ll be trading the CA GDP month on month figure, which is defined (from wikipedia) as “the market value of all final goods and services produced within a country in a given period of time. It is also considered […]

UK Retail Sales m/m 08/20/09

4:30am (NY Time) UK Retail Sales   Forecast 0.3%   Previous 1.2% ACTION: GBP/USD         BUY 0.9%       SELL -0.3% Our focus will once again be on the UK Retail Sales, which measures activities at the retail level of the nation; a higher Retail sales number means better economy, thus better for Sterling. The deviation for this release will be 0.6% on the Headline […]

UK MPC Meeting Minutes 08/19/09

4:30am UK MPC Meeting Minutes      Forecast 0-0-9   Previous 0-0-9 ACTION: GBP/USD      Depending on Market Reaction BOE or Bank of England Monetary Policy Committe will be disclosing the meeting minutes over the Interest Rate Decision meeting two weeks ago along with the actual vote count.  Last rate decision BOE decided to increase its APF (Asset Purchase Facility) […]

UK BOE Inflation Report 08/12/09

5:30am (NY Time) BOE Inflation Report   N/A ACTION: GBP/USD or GBP/JPY      BUY Hawkish     SELL Dovish This is a quarterly report from BOE on projections of inflation and the economy for the next 2 years.  It is a very high impact report and it could affect the short-term to mid-term trend of Sterling. If BOE is […]

UK Prelim GDP q/q 07/24/09

4:30am (NY Time) UK GDP q/q       Forecast -0.3%    Previous -2.4% ACTION: (GBP/USD)                               BUY 0.1%                 SELL -0.5% Our focus will be on the GDP, is defined as the market value of all final goods and services produced within a country in a given period of time. It is also considered the sum of value added at every […]

BOC Interest Rate Decision 07/21/09

9:00am(NY Time) CAD BOC Interest RateForecast 0.25% Previous 0.25% ACTION: Depending on Market Reaction BOC (Bank of Canada) council members meet 8 times a year and discuss where to set their current Interest rate. Since interest rate is directly related to inflation, it is arguably THE MOST HIGH IMPACT news for currency traders who trade […]

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