UK Prelim GDP q/q | April 28, 2017 | Currency Trading

UK Prelim GDP q/q is a first GDP release for the Q1 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 […]

EU ECB Interest Rate | April 27, 2017 | Forex News Trading

ECB Interest Rate is done in 2 parts, first with the rate decision at 7:45am then followed with a press conference at 8:30am.  Market is not expecting any changes today but with recent positive comments and pro-active attitudes from ECB members, I would expect a positive boost on the EUR if I were to take […]

CA Core Retail Sales | April 26, 2017 | Currency Trading

CA Core Retail Sales is going to provide the market with some direction on the CAD.  With crude prices continuing under pressure due to supply cuts, any strong reading today could be short-lived, thus my recommendation is to get in and out if our deviation is hit. 8:30am CA Core Retail Sales Forecast -0.3% Previous […]

AU CPI q/q | April 25, 2017 | Currency Trading

The AU CPI figure today will be crucial for AUD as a strong surprise will change the short-term momentum for the currency, especially considering the recent strength in the USD… At any rate, we’d only recommend a trade if we get our tradable deviation. Here is the current forecast: 9:30pm AU CPI q/q Forecast 0.6% […]

CA Core CPI | April 21, 2017 | Currency News

CA Core CPI is likely a high impact release for Canada therefore any sudden surprises with this figure should drive the CAD sharply. Here´s the forecast: 8:30am CA Core CPI m/m Forecast 0.4% Previous 0.2% DEVIATION: 0.3% (BUY CAD 0.7% / SELL CAD 0.1%) The Trade Plan The Core CPI report will be released today […]

UK Retail Sales | April 21, 2017 | Currency Trading

UK Retail Sales should be a good release to trade and judge from recent market volatility, a strong surprise today should tilt the scale on Sterling. 5:30am (NY Time) UK Retail Sales Forecast -0.3% Previous 1.4% DEVIATION: 0.5% (BUY GBP 0.2% / SELL GBP -0.8%) The Trade Plan The monthly retail sales report is a […]

NZ CPI q/q | April 19, 2017 | Forex News Trading

NZ CPI is a quarterly release that is likely to cause market volatility if we get a surprise. Since this is only released every 3 months, sometimes forecasts will be off by our deviation thus making the trade good. 6:45pm (NY Time) NZ CPI q/q Forecast 0.8% Previous 0.4% DEVIATION: 0.3% (BUY NZD 1.1% / […]

US Core CPI | April 14, 2017 | Currency News

US Core CPI is expected to rise to around the 0.2% and with the Fed starting its rate hike cycle, USD should remain well-supported, unless there is a shock to the current market.  Of course, if we were to get a stronger than expected release, we should see equal amount of market reaction. 8:30am (NY […]

US Core Retail Sales | April 14, 2017 | 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 wait for both releases before taking a trade.  With the market still recovering from the worse than expected NFP last week, this week’s Retail Sales could also suffer a bit… […]

AU Employment Change | April 12, 2017 | Currency Trading News

The Australian Employment Change release today is highly focused release which gives a glimpse into current Australian economy.  A strong release with full-time employment is obviously positive for the AUD, therefore we’d only take a trade if and when we get to our tradable deviation. 8:30pm (NY Time) AU Employment Change Forecast 20.3K Previous -6.4K […]

CA BOC Interest Rates Decision | April 12, 2017 | Currency News

CA BOC Interest Rate today is expected to keep rates unchanged as there are practically no chance for a rate cut, especially considering the new US administration’s pro-energy policy, CAD should remain well supported and potentially the next step could be a rate hike (in my opinion). Here’s what analysts expect: 10:00am (NY Time) CA […]

UK CPI y/y | April 11, 2017 | Currency Trading

UK CPI y/y release could provide a trading opportunity for the Sterling as recent market is cautious on the future of UK especially with so many issues with Brexit still pending. If we get a surprise release, to the level of our deviation, we should follow the trade plan below. 4:30am NY Time UK CPI […]

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