UK Revised GDP q/q | May 25, 2017 | Currency News Plan

UK Revised GDP q/q is a second GDP release for the Q1 of 2017 period, and since it is the second release for the same quarter market is less likely now to be surprised due to more economic data have been available since the first Prelim release. Obviously with the “Brexit” effect on the UK […]

CA Core CPI | May 19, 2017 | Forex News Trading Plan

CA Core CPI is a high impact release for CAD and since it is scheduled along with the Retail Sales, I’d use caution and wait for both figures to be release before even considering a trade. CPI is likely the main focus for CAD today, because it has the potential to affect central bank policy decisions, […]

UK Retail Sales | May 18, 2017 | News Trading Plan

UK Retail Sales should be a good release and similarly to the CPI scheduled earlier this week a strong surprise will surely drive the market for at least a couple of hours, depending on the degree of surprise, of course. Considering recent  economic pressure and uncertainty from “Brexit”, especially looking at past 6 Retail Sales […]

US Core CPI | May 12, 2017 | Currency News

US Core CPI is expected to rise to around the 0.2% and with the Fed continuing with its rate hike and hawkish outlook, the long-term view on the USD remains on the bullish side.  We’ll only trade this release if there is a surprise of at least 0.2%… 8:30am (NY Time) US Core CPI m/m Forecast […]

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 […]

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 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% […]

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 […]

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 […]

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 […]

UK Manufacturing PMI | April 3, 2017 | Forex Trading

UK Manufacturing PMI has the potential of changing short-term GBP trend but with Brexit already triggered since last week, market’s reaction will be very important to gauge sentiment. At any rate, if we get our deviation, we should see market react accordingly. 4:30am (NY Time) UK Manufacturing PMI Forecast 55.1 Previous 54.6 DEVIATION: 2.0 (BUY […]

UK Retail Sales | March 23, 2017 | Currency Trading

UK Retail Sales should be a good release and similar to the CPI release, any surprise should provide plenty of volatility for the market and opportunity for traders. 5:30am (NY Time) UK Retail Sales Forecast 0.4% Previous -0.3% DEVIATION: 0.5% (BUY GBP 0.9% / SELL GBP -0.1%) The Trade Plan The monthly retail sales report […]

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