US Advanced GDP q/q 07/31/09

8:30am (NY Time) US ADV GDP q/q     Forecast -1.4%     Previous -5.5% ACTION: USD/JPY                                             BUY -1.1%                SELL -1.7% GDP, 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 the sum of value added at every stage […]

Canada GDP m/m 07/31/09

8:30am CA GDP m/m     Forecast -0.4%    Previous -0.1% ACTION: USD/CAD          SELL 0.1%               BUY -0.7% Our focus will be on CA GDP, 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 the sum of value added […]

US Durable Goods Orders m/m 07/29/09

8:30am (NY Time) US Durable Goods Orders    Forecast 0.1%     Previous 1.1% ACTION: USD/JPY                                                   BUY 1.9%              SELL -1.7% Durable Goods calculates purchase orders of goods that have a life-expectancy of 3 years or more, instead of goods that are being used up all at once. Examples of durable goods are cars, appliances, business equipments, etc…  Core Durable goods […]

US New Home Sales 7/27/09

10:00am (NY Time) US New Home Sales   Forecast 353K  Previous 342K ACTION: (USD/JPY)                                                 BUY 423K             SELL 273K New Home Sales is expected at 423K, if the number is lower, it would be bad for USD, so we will look to SELL USD/JPY; if the number is higher, it would be good for USD, we could see a […]

BOC Monetary Policy Report and Press Conference 07/23/09

Bank of Canada will release a quarterly Monetary Policy report and then hold a press conference with a prepared statement and then followed with a questions and answers session.  This monetary policy report usually provides insights over future BOC monetary policy direction and economic projections, which is extremely important for all investors.  The press conference scheduled 45 […]

US Existing Home Sales m/m 07/23/09

10:00am (NY Time) US Existing Home Sales        Forecast 4.82M     Previous 4.77M ACTION: USD/JPY, USD/CHF                                           BUY 5.22M                SELL 4.42M Existing Home Sales is expected at 4.82M, if the number is lower, it would be bad for the USD; if the number is higher, then it would be good for USD. Definition: Measures the annualized number of existing residential buildings […]

UK Retail Sales m/m 07/23/09

4:30am (NY Time) UK Retail Sales        Forecast 0.4%     Previous -0.6% ACTION: (GBP/USD)                                        BUY 1.0%                SELL -0.2% Our focus will be on Retail Sales, which is a measurement of the activities at the retail level of the nation; a higher Retail sales number means better economy, thus better for its currency. Our surprise factor will be 0.6% on the […]

BOE MPC Meeting Minutes 07/22/09

4:30am UK MPC Meeting Minutes         Forecast 0-0-9        Previous 0-0-9 ACTION: (GBP/USD)                                        Depending on Market Condition Bank of England Monetary Policy Committee will issue detailed minutes over the interest rate decision 2 weeks ago, along with vote count and other issues discussed in the meeting.  This is usually a very high impact news event as traders […]

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