[VIDEO] Forex News Trading & Long Term Fundamental Implications…

rba

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I just wanted to share this video from the Australian CPI q/q release on 7/27, this is a news event that could change the long term trend for the AUD.

Forex Trading Plan & Video For RBNZ Rate Decision 07/28/10

NZD

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RBNZ (Reserve Bank of New Zealand) will be releasing its interest rate decision today and it is widely expected that Gov. Bollard will hike rates today from the current level of 2.75% to 3.00%; here is the forecast: 

5:00pm (NY Time) RBNZ Rate Decision Forecast 3.00% Previous 2.75%
ACTION: NZD/USD BUY 3.25% SELL 2.75%

Forex Trading Plan & Video For BOC Overnight Rate Decision 07/20/10

BOCCarney

Bank of Canada (BOC) will once again meet for their Overnight Rate (Interest Rate) and the decision will be announced today at 9:00am sharp. Along with the rate decision, BOC Carney will also announce a Rate Statement to further explain today’s decision. Here’s what analysts are expecting:

9:00am (NY Time) CA BOC Rate Forecast 0.75% Previous 0.50%
ACTION: USD/CAD BUY USD/CAD 0.50% SELL USD/CAD 1.00%

Forex Trading Plan And Video For NZ CPI q/q 07/15/10

NZD

We’ll be trading the Consumer Price Index (CPI) figure out of New Zealand today. CPI is Inflation, therefore it is a very high impact release. Here’s the forecast:

6:45pm (NY Time) NZ CPI q/q Forecast 0.5% Previous 0.4%
ACTION: NZD/USD BUY 0.8% SELL 0.2%

Trade Plan For UK CPI y/y 07/13/10

UK

We’ll be trading the UK Consumer Price Index (CPI) release at 4:30am NY Time today.  We’ll be looking at the yearly release figure and the market could react with lots of volatitility as CPI is the basic measurement of Inflation, therefore expect to see more exaggerated moves if we get a huge surprise in the release.  Here is the forecast for this release:

Forex Trading Strategy For ECB Trichet’s Press Conference 07/08/10

trichet

8:30am NY Time ECB Chairman Trichet Press Conference
ACTION: N/A

We’ll be focusing on the ECB (European Central Bank) Chairman Jean-Claude Trichet press conference today as he releases an official statement from ECB regarding the official Interest Decision at 7:45am today, and after the prepared speech, he will have a brief Q&A Session… Here is an overview of the situation

Trade Plan For ECB Minimum Bid Rate Decision 07/08/10

EUR

7:45am (NY Time) EU ECB Rate Decision  Forecast 1.00%  Previous 1.00%
ACTION: EUR/USD       N/A

ECB (European Central Bank) is likely to once again leave its minimum bid rate at 1.00% or unchanged this month.  The majority of analysts agree to this sentiment as  according to ECB, it is will keep rates unchaged until 2011 or at the very least, towards the end of 2010 before tightening of their monetary policy.  As a matter of fact, according to Credit Suisse Overnight Swap Index, there is zero percent of change for ECB to hike rates during this meeting.

RBA Cash Rate Decision Trading Plan 07/06/10

rba

RBA (Reserve Bank of Australia) is expected to hold borrowing costs steady for the second consecutive month in July, as a overwhelming 22 analysts unanimously agree as surveyed by Bloomberg…  Here’s forecast:

12:30am (NY Time)  AU RBA Cash Rate Decision     Forecast 4.5%      Previous 4.5%
ACTION: AUD/USD                                  BUY 4.75%