| 9:30pm(NY Time) | AU CPI q/q | Forecast 0.5% | Previous 0.1% | |||
| ACTION: | BUY 0.8% | SELL 0.2% | AUD/USD | |||
If we get a better than expected CPI data, we should see an instant appreciation of AUD by at least of 35 pips within the hour, but if we get a worse than expected number, AUD should drop about 35 pips or so. I am looking for a deviation of at least 0.3% on the quarterly GDP, or I will skip the trade.
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Upcoming Forex News Calendar For January 16 ~ 20, 2012
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Forex News Trading US Advanced GDP 01/27/12 Here is the forecast for the US Advanced GDP q/q :
8:30am (NY Time) US Advance GDP q/q
Forecast 3.0% Previous 1.8%
ACTION: SELL ... (2187)
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