Forex Weekly Outlook May 22 ~ 26, 2017

We’ve got just 3 tradable releases scheduled this week, but these 3 releases have the potential of changing the entire market landscape, so my recommendation is to schedule your tradings around it, or at least be aware of them and either move with the trend or stay out of the way! May 24, 2017 10:00am […]

US ISM Non-Manufacturing PMI | May 3, 2017 | Forex Trading

US ISM Non-Manufacturing PMI is the last significant tradable release on jobs and economy before Friday’s NFP, and considering the majority labor force is Non-Manufacturing based, a strong/weak reading today will surely impact the market’s expectation. 10:00am NY Time US ISM Non-Manufacturing. PMI Forecast 56.1 Previous 56.2 Deviation: 2.5 (BUY USD 58.6 / SELL USD 53.6) […]

US ISM Manufacturing PMI | May 1, 2017 | Forex Trading

US ISM Manufacturing PMI and Non-Manufacturing PMI are both scheduled ahead of the NFP his week, market participants will be paying close attention to these releases as any sharp surprises will change market sentiment all the way until Friday. Here´s the forecast: 10:00am NY Time US ISM Manufacturing PMI Forecast 56.6 Previous 57.2 DEVIATION: 2.0 […]

US NFP (Nonfarm Payroll) Employment | March 10 , 2017 | Currency News

US NFP is expected to be around 185K, and with recent releases showing a positive trend, a hawkish Fed, and political stability, I would expect market to be more supportive on the USD. 8:30am (NY Time) US NF Employment Forecast 185K Previous 227K 8:30am (NY Time) US Unemployment Rate Forecast 4.7% Previous 4.7% Deviation: 70K […]

US ISM Manufacturing PMI | March 1, 2017 | Forex Trading

US ISM Manufacturing PMI are scheduled this month a week ahead of Nonfarm Payroll report, therefore unless we get strong surprises, I’d not take the trade; and even if we do get in the market, I’d not recommend to hold the trade for long… Here´s the forecast: 10:00am NY Time US ISM Manufacturing PMI Forecast […]

CA Core CPI | February 24, 2017 | Currency News

CA Core CPI is likely a high impact release for Canada and considering Wednesday’s Retail Sales release, I’d expect to see more support if both releases end up in the same direction… Here´s the forecast: 8:30am CA Core CPI m/m Forecast -0.1% Previous -0.3% DEVIATION: 0.3% (BUY CAD 0.2% / SELL CAD -0.4%) The Trade […]

US Core Retail Sales | February 15, 2016 | Forex News Trading

US Core Retail Sales is a high impact tradable release but since it is scheduled to be released with the Core CPI, I’d recommend to pay close attention to both releases as a surprise or conflict in both releases will tend to drive the market. Here´s the forecast: 8:30am (NY Time) US Core Retail Sales […]

US NFP (Nonfarm Payroll) Employment | February 3 , 2017 | Currency News

US NFP is expected to be around 170K, and with recent releases showing a positive trend, Fed rate hikes, and Trump bulls, any stronger than expected release should continue to support USD strength.  Unless we get a much weaker figure today, I’ll not trade against USD for an extended period of time. 8:30am (NY Time) […]

US ISM Manufacturing PMI | February 1, 2017 | Forex Trading

US ISM Manufacturing PMI is the last significant job related release before Nonfarm Payroll on Friday, but also considering the Fed rate decision in just a few hours, today’s release will probably have more impact if we get a significant deviation… Here´s the forecast: 10:00am NY Time US ISM Manufacturing PMI Forecast 55.0 Previous 54.7 […]

CA Core Retail Sales | January 20, 2017 | Currency Trading

CA Core Retail Sales is scheduled along with the CPI release, therefore I’d stay out of the market until both releases have been released and wait for initial confusion to be over then take a trade.  Of course, this is based on one of the releases hitting our deviation and the fact that there is […]

CA Core CPI | January 20, 2017 | Currency News

CA Core CPI is likely a high impact release for Canada but since it is released along with Retail Sales, I’d recommend to pay close attention to both releases and remain on the sidelines if there is a conflict between releases. Here´s the forecast: 8:30am CA Core CPI m/m Forecast 0.0% Previous -0.5% DEVIATION: 0.3% […]

US NFP (Nonfarm Payroll) Employment | January 6 , 2017 | 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 […]

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