There is an opportunity to trade later today when the NZD GDP
report is released at 4:45 pm EST.  Your focus should be on the
GDP (QoQ) figure, which is Row 1 on the RSS. The expectation
for this report is be 0.4%.  We have placed a safe trigger of
0.2% for this release.  The last time this report was released
it met our safe trigger and the NZD/USD moved over 30 pips.  We
will not have the Live Trade Room open, but I wanted to make you
aware of this potential trade opportunity.

I will post the live trade calls for tomorrow a little later.
Tomorrow will be a busy day, with three major releases.  I
wanted to go ahead and give you the information for this
afternoon’s trade and give you my take on it.

Good Luck!!!!

This entry was posted on Thursday, December 20th, 2007 at 3:24 pm and is filed under NZD News Data. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.