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Forex Plan and Video on CA CPI m/m 07/23/10

by Henry Liu on July 22, 2010

CPI or Consumer Price Index is direct measurement of inflation, which is a high impact release that could have long term effect on CAD, it is undoubtedly a high impact release that will be the focus of early NY trading session. Here is the forecast:

CA Core CPI m/m Forecast 0.1% Previous 0.3%
ACTION: USD/CAD BUY -0.2% SELL 0.4%


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Canada Core CPI m/m 08/19/09

by Henry Liu on August 18, 2009

7:00am (NY Time) CA Core CPI m/m   Forecast 0.1%   Previous 0.0%
ACTION: USD/CAD          BUY -0.2%       SELL 0.4%

I’ll be looking for at least a 0.3% of deviation to trade this release as per historical data any less deviation would not move the market in a significant manner.  Therefore if the Core CPI comes out at 0.4%, which will be good for the CAD, I’ll be selling USD/CAD; if the Core CPI comes out at a -0.2% or worse, I’ll be buying USD/CAD… 


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