TRADE OPPORTUNITY TONIGHT

There is an opportunity to trade tonight when the AUD Retail
Sales report is released at 9:30pm EDT.  The expectation for
this release is 0.1%.  We have placed a safe trigger of 0.4%
jobs for this release.  We have historically seen moves of
around 25 to 40 pips when this release has met the safe
deviation.  There is some other data coming out at the same
time, so be careful if the housing data conflicts with the
Retail Sales report.  We will not have the Live Trade Room open
for this trade, but I wanted to make you aware of the
opportunity.

Our next Live on the News trade opportunity will be on Thursday
when the US Non-Farm Payrolls report will be released.  This is
typically released on the first Friday of the month, but it
will be a day earlier because of the July 4th holiday in the US
on Friday.  I will send out another e-mail regarding this trade
opportunity tomorrow.

Good Luck!!!!

This entry was posted on Tuesday, July 1st, 2008 at 3:09 pm and is filed under AUD 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.