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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%
We’ll be getting the Retail Sales figure out of New Zealand today, since Retail Sales is a direct reflection of the economy, this release is considered as an high impact release… Here’s the forecast:
6:45pm (NY Time) NZ Retail Sales Forecast 0.6% Previous -0.3%
ACTION: NZD/USD BUY 1.2% SELL 0.0%
We’ll be getting the Canadian Employment Change release number tomorrow, here is the forecast:
7:00am (NY TIme) CA Employment Change Forecast 18K Previous 24.7K
(Unemployment Rate 8.1%)
ACTION: BUY -15K SELL 48K USD/CAD
We’ll be getting the Canadian Employment Change release number tomorrow, and as a fundamental and news trader, here are some of the important factors that I’d be looking for in this release:
7:00am (NY TIme) CA Employment Change Forecast 17K Previous 108.7K
(Unemployment Rate 8.1%)
ACTION: BUY -15K SELL 47K USD/CAD
UK quarterly GDP release is always an high impact report. With this being the Prelim release, or the first release of three, we are likely to see more market participation. Here is the forecast number:
4:30am (NY Time) UK GDP q/q Forecast 0.4% Previous 0.4%
ACTION: (GBP/USD) BUY 0.7% SELL 0.1%
We’ll be getting the Canadian Employment Change release number tomorrow, and as a fundamental and news trader, here are some of the important factors that I’d be looking for in this release:
7:00am (NY TIme) CA Employment Change Forecast 26K Previous 20.9K (Unemployment Rate 8.1%)
ACTION: BUY -4K SELL 56K USD/CAD
7:00am CA Employment Change Forecast 17.5K Previous 43K (Unemployment Rate 8.3%)
ACTION: BUY -15K SELL 47K USD/CAD
We’ll be looking forward to trade the Canadian Employment Change report today, which is going to be the first of two high impact news releases for this Friday, with U.S Core Retail Sales being the second event scheduled just 90 minutes later. We’ll be looking for a deviation of 30K as usual, therefore if we get a positive 47K of release, we’ll look to SELL USD/CAD (or even EUR/CAD); on the other hand, if we get a -15K of release, we’ll look to BUY the USD/CAD pair.
7:00am CA Employment Change Forecast 15.2K Previous -2.6K (Unemployment Rate 8.5%)
ACTION: BUY -15K SELL 45K USD/CAD
We’ll be focusing on the Canadian Employment Change report today, which is going to be the first of two high impact news releases for this Friday, with NFP being the second event scheduled just 90 minutes later. We are looking for a surprise factor (trigger, deviation) of 30K as usual, therefore if we get a positive 45K of release, we’ll look to SELL USD/CAD (or even EUR/CAD); on the other hand, if we get a -15K of release, we’ll look to BUY the USD/CAD pair.
8:15am NY Time US ADP NFP Change Forecast -31K Previous -84K ACTION: USD/JPY BUY +50K SELL -100K Our focus will be on the ADP NFP Employment Release … [Read More...]
We’ll be getting the Canadian Employment Change release number tomorrow, here is the forecast: 7:00am (NY TIme) CA Employment Change Forecast 18K Previous 24.7K (Unemployment Rate … [Read More...]
[flv:http://www.newsprofiteer.com/062309-USExistingHomeSales/062309-USExistingHomeSales.mp4 480 360] … [Read More...]
We’ll be getting the Retail Sales figure from Australia today once again, and if you’ve been following news out of Australia, you’d know that Retail Sales has been a sticky point for aussie economy … [Read More...]
4:30am (NY Time) UK Retail Sales Forecast 0.6% Previous 0.0% ACTION: GBP/USD BUY 1.2% SELL -0.1% Retail Sales is a direct measurement of consumer activities at the … [Read More...]
Here is a basic plan to trade US Core Retail Sales which is scheduled to be released at exactly 8:30am NY Time, and here are the forecasts: 8:30am (NY Time) US Core Retail Sales … [Read More...]
We'll be getting the Core Retail Sales (and Retail Sales) figure out of U.S. today, as high impact news releases are concerned, Retail Sales makes up about 2/3 of U.S. GDP... Here's the forecast: 8:30am … [Read More...]
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