US Advanced GDP (Q4) | January 26, 2018 | Currency News Trading

Because this is the first quarterly release for the 4th quarter of 2017, we are likely to see huge market reactions today, especially if we get at least 0.2% of deviation.  Considering the first release is most likely to surprise the market, I’d sit on the sidelines and stay out of the market until after […]

UK Prelim GDP q/q | January 26, 2018 | Currency Trading

UK Prelim GDP q/q is a first GDP release for the Q4 of 2017 period, and since it is the first release for the quarter it is also the most likely to surprise the market, thus adding more volatility if we were to get a surprise.   I’d wait for the release before taking any […]

CA Core Retail Sales | January 25, 2018 | Forex News Trading

CA Core Retail Sales is likely a good release to trade today, especially considering recent strength in CAD since the early December 2017; a strong release might push the USDCAD pair to a new low, breaking the support below 1.2350 area… 8:30 am CA Core Retail Sales Forecast 0.9% Previous 0.8% DEVIATION: 0.5% (BUY CAD […]

EU ECB Interest Rate | January 25, 2018 | Forex News Trading

ECB Interest Rate is done in 2 parts, first with the rate decision at 7:45 am then followed with a press conference at 8:30 am. The market is not expecting any changes today but since last rate decision the EURUSD pair moved from 1.1770 up to the current 1.2220 level, which is a strong sign […]

AU Employment Change | January 17, 2018 | Currency Analysis

The Australian Employment Change release should provide an opportunity to trade the Aussie especially if we were to get our tradable figures.  With the market back in full force, any surprises today should end up driving the market. 7:30 pm (NY Time) AU Employment Change Forecast 15.2K Previous 61.6K 7:30 pm (NY Time) AU Unemployment […]

CA BOC Interest Rates Decision | January 17, 2018 | Forex News Trade

CA BOC Interest Rate today is widely expected to be a hike. With the recent rise in market sentiment and the fact crude prices have stabilized are providing some grounds for BOC to go ahead with today’s rate hike. If we get a stronger than expected hike, such as 50 basis points, we should buy […]

UK CPI y/y | January 16, 2018 | Forex Strategy

UK CPI y/y release is going to be a major release for the new year.  With the market back at full-force, we should see plenty of market reactions if inflationary pressure were to remain above the 3.0% threshold, as BOE is both tolerate but mindful of this figure. Considering the recent change of stance by […]

Happy Holidays – Merry Christmas & Happy New Year

From everyone here at Currency News Trading, we wish you a wonderful Christmas and Happy New Year. Due to the market condition, the next couple of weeks we will not be trading the news.  As a matter of fact, we should avoid news altogether until 2018, perhaps the first tradable release would be the Nonfarm […]

US Core Retail Sales | December 14, 2017 | Forex Trading

US Core Retail Sales is a high impact tradable release, the last high impact tradable release for the week, and perhaps for the month as Chrismas holidays are approaching.  With liquidities thinning out, so unless we get our tradable deviation, I’d recommend just staying out of the market. Here´s the forecast: 8:30am (NY Time) US […]

EU ECB Interest Rate | December 14, 2017 | Forex News Trading

ECB Interest Rate is done in 2 parts, first with the rate decision at 7:45 am then followed by a press conference at 8:30 am. The market is not expecting any changes today but we did see selling pressure on the Euro since the last meeting and we are almost back to the same levels, […]

UK Retail Sales | December 14, 2017 | News Trading Plan

UK Retail Sales is usually a very decent news to trade but with the BOE rate decision coming up in just 2.5 hours unless we get our surprise deviation, it’s best just staying out of the market. Obviously, the current market is going to remain in a wait-and-see pattern, so we should also follow suit […]

AU Employment Change | December 13, 2017 | Currency Analysis

The Australian Employment Change release should provide an opportunity to trade the Aussie especially if we were to get our tradable figures.  With the overall liquidity running thin, I would only recommend a trade if we get our tradable releases, or it’s probably best to stay out of the market. 7:30 pm (NY Time) AU […]

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