AU Retail Sales | May 8, 2017 | Currency Trading News

AU Retail Sales release may not move the market much but since it is the only tradable release for the day, we’ll definitely pay close attention to the release and take a position if we get our tradable deviation… 9:30pm NY Time AU Retail Sales Forecast 0.3% Previous -0.1% DEVIATION: 0.5% (BUY AUD 0.8% / SELL […]

US NFP (Nonfarm Payroll) Employment | May 5, 2017 | Currency News

US NFP is expected to be around 194K, and considering the Fed’s rate tightening actions and the possibility for up to 2 more rate hikes this year, an above trend NFP release is definitely expected, or the market will wonder whether or not the Fed will indeed hike 2 more times. Obviously another important figure […]

CA Employment Change | May 5, 2017 | News Trading

We´ll be getting the Canadian Employment Change release figure along with the US Nonfarm Payroll Report.  Since 95% of the market is paying attention to the NFP, I’d recommend that we do the same.  On an odd chance of having a strong CAD release versus a weak US release (or vice versa), we should see […]

UK Services PMI | May 4, 2017 | Currency News

UK Services Purchasing Manager Index is a very tradable indicator as the majority workforce is services oriented, thus a strong release should add plenty of positive momentum for the GBP or vice versa on a weak release… 4:30am (NY Time) UK Services PMI Forecast 54.6 Previous 55.0 Deviation: 2.5 (BUY GBP 57.1 / SELL GBP 52.1) […]

US FOMC Interest Rate | May 3, 2017 | Currency Trading

US FOMC Interest Rate decision and the BLS Nonfarm Payroll reports are focuses for the week.  With the Fed unlikely to hike again this time, if we get a somewhat hawkish tone today, or even praises on the labor condition, rest assure market will blow it out of proportions and push USD higher… 2:00pm US […]

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 ADP NFP Employment Change | May 3, 2017 | Currency News

US ADP NFP Employment Change usually is correlated with BLS’s Nonfarm Payroll Report, and as such, many analysts use this release to gauge their own analysis in an effort to predict the figures on Friday.  Obviously if we get a strong surprise, we should see plenty of market reactions. 8:15am NY Time US ADP NFP […]

UK Manufacturing PMI | May 2, 2017 | Forex Trading

UK Manufacturing PMI has the potential of changing short-term GBP trend especially considering the recent focus on Britain’s economy and jobs due to Brexit.  Any sharp surprises today could have a longer impact on the overall sentiment of the Sterling. 4:30am (NY Time) UK Manufacturing PMI Forecast 54.0 Previous 54.2 DEVIATION: 2.0 (BUY GBP 56.0 / […]

AU RBA Interest Rate Decision | May 2, 2017 | Currency Trading News

AU RBA Interest Rate Decision today is once again expected to hold rates steady.  With practically no expectations of a surprise, we’ll only jump in if RBA decides to either hike or cut rates today… 12:30am (NY Time) AU RBA Interest Rate Decision Forecast 1.50% Previous 1.50% DEVIATION: 0.25% (SELL AUD 1.25% / BUY AUD 1.75%) […]

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 Advanced GDP (Q1) | April 28, 2017 | Currency News Trading

Because this is the first quarterly release for the 1st 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 few months of Trump’s administration, any surprises today should end up pushing the market in that direction, especially counting on numerous […]

CA GDP m/m | April 28, 2017 | Currency News

CA GDP is expected to move the market in the event of a surprise.  But with the US Advanced GDP scheduled at the same time, I’d focus more on the US release but also keep an eye on this one.  The US figure will obviously have more impact. Here’s the forecast: 8:30am NY Time CA […]

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