4:30am NY Time UK CPI y/y Forecast 3.6% Previous 2.9%
ACTION: GBP/USD BUY 3.9% SELL 3.3%
We’ll be focusing on the CPI release out of UK today using a surprise factor (or deviation) of 0.3%. If the yearly Inflation number increases to a surprise of 3.9%, which is way over BOE’s inflation target, we will BUY of GBP/USD. If the Inflation number decreases to 3.3% or less, we’ll look to SELL GBP/USD. Historically, even with a small difference of 0.1%, market tend to overreac. If our deviation is hit, there is a probability of over 80% that the market will move 50 pips within the next 30 minutes.
This is a preview of UK CPI y/y 02/16/2010. Read More...
We’ll be trading the CPI release out of UK today and our surprise factor (or deviation) is at 0.3%. If the yearly Inflation number increases to a surprise of 2.9%, which is over BOE’s inflation target, we will BUY of GBP/USD. If the Inflation number decreases to 2.3% or remain at the same level as last release, (1.9%) we’ll look to SELL GBP/USD. Historically, even with a small difference of 0.1%, market tend to overreac. If our deviation is hit, there is a probability of over 80% that the market will move 50 pips within the next 30 minutes.
This is a preview of UK CPI y/y 01/19/10. Read More...
Today we’ll focus on the CPI release once again out of UK and our surprise factor (or deviation) is at 0.3%. If the yearly Inflation number increases to a surprise of 2.1%, which is over BOE’s inflation target, we will BUY of GBP/USD. If the Inflation number decreases to 1.5% or remain at the same level as last release, we’ll look to SELL GBP/USD. Historically, even at a difference of 0.1%, we should see market overreaction. If our deviation is hit, there is a probability of over 80% that the market will move 50 pips within the next 30 minutes.
This is a preview of UK CPI y/y 12/15/09. Read More...
We’ll focus on the CPI release today and our surprise factor (or deviation) is at 0.3%. If the yearly Inflation number increases to a surprise of 1.7% then we will BUY of GBP/USD. If the Inflation number decreases to 1.1% or less, we’ll look to SELL GBP/USD. Historically, even at a difference of 0.1%, we should see market overreaction. If our deviation is hit, there is a probability of over 80% that the market will move 50 pips within the next 30 minutes.
This is a preview of UK CPI y/y 11/17/09. Read More...
Our surprise factor (or deviation) is at 0.2%. If the yearly Inflation number increases to a surprise of 1.5% then we will BUY of GBP/USD. If the Inflation number decreases to 1.1% or less, we’ll look to SELL GBP/USD. Historically, even at a difference of 0.1%, we tend to see the market overreact. If our S. Factor gets hit, there is a probability of over 80% that the market will move 50 pips within the next 30 minutes.
This is a preview of UK CPI y/y 10/13/09. Read More...
“CPI, Consumer Price Index, is a statistical estimate of the movement of the prices of goods and services bought for consumption purposes by households. Its computation uses price data collected for a sample of goods and services from a sample of sales outlets in a sample of locations for a sample of times and estimates of the shares of the different expenditures in the total covered by the index which are usually based upon expenditure data obtained for sampled periods from a sample of households wikipedia).” It is also known as the “True Cost of Living”.
This is a preview of UK CPI y/y 09/15/09. Read More...
CPI, Consumer Price Index, is a statistical estimate of the movement of the prices of goods and services bought for consumption purposes by households. Its computation uses price data collected for a sample of goods and services from a sample of sales outlets in a sample of locations for a sample of times and estimates of the shares of the different expenditures in the total covered by the index which are usually based upon expenditure data obtained for sampled periods from a sample of households wikipedia). It is also known as the “True Cost of Living”.
This is a preview of UK CPI y/y 08/18/09. Read More...
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