7:30pm NY Time AU Retail Sales Forecast 0.4% Previous -0.2%
ACTION: BUY 1.0% SELL -0.2% AUD/USD
Our focus today will be to look for a deviation of 0.6% from the forecast release of 0.4%. Therefore, if we get a 1.0% or -021%, we’d have our trigger to get in either on a LONG or SHORT trade depending on the release, with a high probability of seeing the market moving over 50 pips in the next 2 hours.
4:30am (NY Time) UK Manufacturing PMI Forecast 54.1 Previous 53.7
ACTION: GBP/USD BUY 56.0 SELL 52.0
We will be trading the Manufacturing PMI number from UK today, it is expected to be at 54.0 and it is considered as a positive release given the fact that anything above the 50 level means expansion in the manufacturing sector.
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Forex News Trading US Nonfarm Payroll (NFP) 02/03/12 We´ll be trading the US NFP (Nonfarm Payroll) Employment Change, it is the focus news release for the week. Here´s ... (3284) Forex Analysis For US Nonfarm Payroll (NFP) Employment 01/06/12 We´ll be trading the US NFP (Nonfarm Payroll) Employment Change, it is the focus news release for the week. Here´s ... (3064)
Upcoming Forex News Calendar For January 16 ~ 20, 2012
The news on Friday was that S&P finally downgraded a number of euro zone member nations, including France's sovereign ratingby ... (2517)
Upcoming Forex News Calendar For January 9 ~ 13, 2012 The first real trading week for the new year in markets started with investors focused on Europe. US and European markets were ... (2277)
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 ... (2176)
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