8:30 AM EDT US Non-Farm Employment Change – Change in the number of employed people for the prior month. EUR/USD In July we saw 107 and .1 with a 25 pip spike. I was trading the AUD/USD. The data came out at a little after 1 second after. The revision of -137 came out a…Details
11:30 PM EDT AUD Cash Rate – Interest rate charges on overnight loans between financial intermediaries. AUD/USD Of 25 economists weighing in, all 25 think the rate will remain at 1.50%. Quite a few think the rate will fall over the next couple months. This means we will do a sell only on this. The…Details
In the crush of stuff we have going on around here I completely forgot about the CAD GDP trade this morning. Looks like it had the potential to have made a few bucks. Hope that is how it worked out for you. Australia changes to Daylight Savings Time this weekend, so AUD trades will be…Details
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
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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