by Henry Liu on January 23, 2012
Retail Sales is usually a very tradable release as traders draw direct correlation between retail activities with economic health.
Here´s Forecast:
8:30am Core Retail Sales Forecast 0.2% Previous 0.7%
ACTION: USD/CAD BUY -0.3% / SELL 0.7%
The Trade Plan
I´m going to be looking for a deviation around 0.4 ~ 0.5% for this news. Since the forecast is at 0.4%, a reading of -0.3% would be negative for the CAD and we´ll be looking to BUY USD/CAD; however, if the opposite is true, or a 0.7% (or better) of actual release, I´ll be looking to SELL USD/CAD.
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by Henry Liu on January 11, 2012
We´ll be getting the U.S. Core Retail Sales (and Retail Sales) figure out tomorrow. As high impact news releases are concerned, Retail Sales make up about 2/3 of U.S. GDP (Gross Domestic Product); Core Retail Sales report excludes Auto sales which comprises 20% of total retail sales. Therefore, we are more focused on daily consumer spending on goods found in such places as department stores, gas stations, and restaurants.
Here´s the forecast:
8:30am (NY Time) US Core Retail Sales Forecast 0.3% Previous 0.2%
ACTION: 0.8% SELL EURUSD / -0.2% SELL USDJPY
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by Henry Liu on December 20, 2011
Retail Sales is usually a very tradable release as traders draw direct correlation between retail activities with economic health.
Here´s Forecast:
8:30am Core Retail Sales Forecast 0.3% Previous 0.5%
ACTION: USD/CAD BUY -0.2% / SELL 0.8%
The Trade Plan
I´m going to be looking for a deviation around 0.4 ~ 0.5% for this news. Since the forecast is at 0.4%, a reading of -0.1% would be negative for the CAD and we´ll be looking to BUY USD/CAD; however, if the opposite is true, or a 0.8% (or better) of actual release, I´ll be looking to SELL USD/CAD.
Click on post title above to read the full article.
by Henry Liu on December 12, 2011
We´ll be getting the U.S. Core Retail Sales (and Retail Sales) figure out tomorrow. As high impact news releases are concerned, Retail Sales make up about 2/3 of U.S. GDP (Gross Domestic Product); Core Retail Sales report excludes Auto sales which comprises 20% of total retail sales. Therefore, we are more focused on daily consumer spending on goods found in such places as department stores, gas stations, and restaurants.
Click on post title above to read the full article.
by Henry Liu on November 14, 2011
We´ll be getting the U.S. Core Retail Sales (and Retail Sales) figure out tomorrow. As high impact news releases are concerned, Retail Sales make up about 2/3 of U.S. GDP (Gross Domestic Product); Core Retail Sales report excludes Auto
sales which comprises 20% of total retail sales. Therefore, we are more focused on daily consumer spending on goods found in such places as department stores, gas stations, and restaurants.
Click on post title above to read the full article.
by Henry Liu on October 24, 2011
Retail Sales is usually a very tradable release as traders draw direct correlation between retail activities with economic health.
Here´s Forecast:
8:30am Core Retail Sales Forecast 0.4% Previous 0.0%
ACTION: USD/CAD BUY -0.1% / SELL 0.8%
The Trade Plan
I´m going to be looking for a deviation around 0.4 ~ 0.5% for this news. Since the forecast is at 0.4%, a reading of -0.1% would be negative for the CAD and we´ll be looking to BUY USD/CAD; however, if the opposite is true, or a 0.8% (or better) of actual release, I´ll be looking to SELL USD/CAD.
Click on post title above to read the full article.
by Henry Liu on October 13, 2011
We´ll be getting the U.S. Core Retail Sales (and Retail Sales) figure out tomorrow. As high impact news releases are concerned, Retail Sales make up about 2/3 of U.S. GDP (Gross Domestic Product); Core Retail Sales report excludes Auto
sales which comprises 20% of total retail sales. Therefore, we are more focused on daily consumer spending on goods found in such places as department stores, gas stations, and restaurants.
Click on post title above to read the full article.
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