NEWS TRADING Tuesday January 24, 2012
NEWS TRADING Tuesday January 24, 2012
NEWS TRADING
Tuesday January 24, 2012
8:30am CA Core Retail 0.2%(E) 0.7%(P) 0.5%(S) 50M
7:30pm AU CPI q/q 0.2%(E) 0.6%(P) 0.3%(S) 50M
E = Expected Release Figure
P = Previous Release Figure
S = Deviation or Surprise Factor
M = Expected Movement In Pips (if deviation is hit)
[8:30am NY Time]
Retail Sales is usually a very tradable release as traders draw
direct correlation between retail activities with economic health.
Here´s Forecast:
8:30am Core Retail Sales
Forecast 0.2% Previous 0.7%
ACTION: USD/CAD BUY -0.3% / SELL 0.7%
[7:30pm NY Time]
Our plan to trade today's CPI release out of Australia will be to
look for opportunities for entry if we get a surprise in this
release, here is the current forecast:
8:30pm AU CPI q/q
Forecast 0.2% Previous 0.6%
ACTION: AUD/USD BUY 0.5% SELL -0.1%
Thanks,
Henry Liu
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Linear Mode
