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Commodities continue to consolidate as we have mentioned in recent issues. We are now seeing even the leader, crude oil, back off from its highs. While we do not in anyway think the overall bull is dead we do suspect he is tired and looking for a mid summer nap. Freddie and Fannie seem to…
DetailsTRADE CALL RECAPS Our last live trade calls were for the UK CPI and the US Retail Sales reports that were released this morning. For the UK CPI, we were looking to long the GBPUSD if the release came out at least 0.2% better than expected on the Harmonized YoY figure. That figure came out…
DetailsTRADE CALL RECAPS Our last live trades were last Friday when we were watching three news releases. First was the Canadian Labor Change report, and we were looking to long the USDCAD or EURCAD if the number came out at least 15k worse than expected. The actual number came out with a -13k deviation, so…
DetailsTRADING OPPORTUNITY LATER TODAY There is an opportunity to trade later today when the New Zealand Retail Sales report is released at 6:45 pm EDT. Our focus is on the Retail Sales All Industries figure, and the expectation for this report is -0.1%. We have placed a safe trigger of 0.3% for this release. When…
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