8:30 AM EDT CAD GDP – Change in value of goods and services produced by the economy. USD/CAD In June the deviation and spike were 0. In July we saw -.1 and .5 with an 8 pip spike. This analysis is for the CAD/JPY. The deviation was low and the second row came out against…Details
The CAD CPI trade yesterday turned out to be quite impressive, going very far toward salvaging the month. All 4 rows came out with strong deviations, generating a 45 pips spike and great follow through. I held for well over 2 minutes and did very well on the stations I traded. Unfortunately, in a bout…Details
8:30 AM EDT Cad Core CPI – Change in the price of goods and services purchased by consumers. USD/CAD In June it came out at 0 and -.1 with a 6 pip spike. In July we saw .1 and .1 with a 23 pip spike. All 4 rows were CAD data and all 4 came…Details
2:00 PM EDT US Federal Funds Rate – Interest rate at which institutions lend to each other. EUR/USD Of the 97 economists surveyed, 93 think it will remain at 0.50% and 4 think it will be raised to 0.75%. There has been quite a bit of US data coming out recently that has not looked…Details
As we limp through the month of September, we see, not surprisingly, a lot of low deviations and small moves as we sift through the data from August. Opportunities for bigger deviations will be creeping up as we get into October. Normally October, and more so November and the beginning of December are decent months,…Details
8:30 AM EDT US Core CPI – Change in the price of goods and services purchased by consumers. EUR/USD The deviations have been very low on this for quite some time now, and so have the resulting moves. In fact looking back, since the beginning of 2012 there has not been a single deviation of…Details
I see I forgot to post for the UK Retail Sales ….. so here it is. 4:30 AM EDT UK Retail Sales – Change in the value of sales at the retail level. GBP/USD In June we saw .6. I don;t have any data on the move. In July we saw -.3 and -.9 with…Details
Want FULL ACCESS To MARK’S DAILY TRADE ROOM?
Click Below To Get More Information!
Forex Traders Daily
6:45 PM EDT NZD GDP q/q – Change in the value of all goods and services produced by the economy. NZD/USD My records for this one don’t give me a whole lot to go on. Of the last 3, the only one I have any notes on is the last one in June, and I…Details
4:30 AM EDT UK CPI y/y – Change in the price of goods and services purchased by consumers. GBP/USD This deviated by .1 in each of the last 3 months, and had very little movement on any of them. The last good deviation of .2 or more was in May, but the impending Brexit vote…Details
Ugh. The month started off very nicely a week ago with the US NFP trade, which netted most of us a decent profit. I was hoping to build on that with a profitable CAD Employment trade. But as sometimes happens, everything that could go wrong went wrong with this trade (well, not quite everything but…Details
8:30 AM EDT CAD Employment Change – Change in the number of employed people for the prior month. USD/CAD Since this frequently occurs at the same time as US NFP, I need to find months when it happened by itself. In March we saw -12.3 and .1 with a 25 pip spike. Row 2 came…Details