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 0.7% Previous 0.7%
ACTION: NZD/USD BUY 1.2% SELL 0.2%
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:
4:45pm (NY Time) NZ Retail Sales Forecast 1.3% Previous -2.5%
ACTION: NZD/USD BUY 2.0% SELL 0.6%
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 0.0% Previous 0.9%
ACTION: NZD/USD BUY 0.6% SELL -0.6%
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 0.5% Previous 0.4%
ACTION: NZD/USD BUY 1.1% SELL -0.1%
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%
10:00am NY Time US ISM Non-Manufacturing PMI Forecast 50.5 Previous 48.7
ACTION: BUY 53.0 SELL 48.0 USD/JPY
Our focus will be on the ISM Non-Manufacturing PMI, or better known as the Services PMI, which is a leading indicator of the nation’s Services sector, as many investors look at this release for directional references on the near-term future of the economy. With the current analyst’s expectation above the 50 level at 50.5, in the event that 53.0 is reached, we could see USD strength returning to the market as JPY weakens across the board; however, if the opposite is true, or 48.0 figure is released, expect to see stronger JPY and stronger EUR as USD suffers on a disappointing outlook.
10:00am NY Time US ISM Non-Manufacturing PMI Forecast 51.6 Previous 50.6
ACTION: BUY 54.0 SELL 49.0 USD/JPY
Today we’ll tradethe ISM Non-Manufacturing PMI, or better known as the Services PMI, which is a leading indicator of the nation’s Services sector, as many investors look at this release for directional references on the near-term future of the economy. With the current analyst’s expectation at above the 50 level or 51.6, in the event that 54.0 is reached, we could see risk appetite returning to the market as JPY weakens across the board; however, if the opposite is true, or 49.0 figure is released, expect to see stronger JPY and possible stronger USD from risk aversion flows.
 |
 |
 |
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)
 |
 |
 |
 |
