Monthly Archives: June 2017

Forex News Trading: Trades for week of July 2 – 7, 2017

Well, the CAD GDP trade was a dud, making the week a dud. It would have been an ok month were it not for the US Federal Funds Rate trade which went very poorly. I came out slightly in the … Continue reading

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Forex News Trading: Trade for Friday, June 30, 2017

8:30 AM EDT CAD GDP USD/CAD In March we saw .3 with a 22 pip spike. It spiked down 22 and with very little retracement pushed to about 40 pips in 5 minutes. In April we saw -.1 but I … Continue reading

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Forex News Trading: Trades for week of June 25 – 30, 2017

Well, I got to my desk in time to try the CAD CPI trade this morning at 8:30, and boy did it impress. None of the analysts I follow had any hope that this would be an influential release, and … Continue reading

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Forex News Trading: Trade for Friday, June 23, 2017

8:30 AM EDT CAD CPI USD/CAD In March there was no deviation and no movement. In April we saw -.2 with 25 pips in the first minute. That’s all I have on that one. In May we saw -.1 with … Continue reading

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Forex News Trading: Trade for Wednesday, June 21, 2017

5:00 PM EDT NZD Official Cash Rate NZD/USD Things are looking pretty good for the New Zealand economy right now, with inflation right in the middle of the range the RBNZ wants to see it. A rate change at this … Continue reading

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Forex News Trading: Trades for week of June 18 – 23, 2017

Well, I hope you had a better week than I did. The US Federal Funds Rate behaved poorly, compounded by one of my trading stations whose settings somehow got changed. It spiked down about 25 pips, enough to take the … Continue reading

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Forex News Trading: Trade for Thursday, June 15, 2017

7:00 AM EDT UK Official Bank Rate GBP/USD The interest rate in the UK is currently 0.25% and it is anticipated that it will remain the same. With all the concerns caused by Brexit and other world issues, it seems … Continue reading

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Forex News Trading: Trades for Wednesday, June 14, 2017

The two US trades are tightly woven together, with the statement at 2 PM having by far the highest impact. The statement could, however, be influenced by the results of the CPI. The FOMC is expected to raise the interest … Continue reading

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Forex News Trading: Trade for Tuesday, June 13, 2017

4:30 AM EDT UK CPI y/y GBP/USD In March we saw .2 with a 20 pip spike. Looks like it spiked about 20 and pushed to 35 in 4 minutes. In April we saw .1. I didn’t check the movement. … Continue reading

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Forex News Trading: Trades for week of June 11 – 16, 2017

I had company and forgot about the CAD Employment trade Friday morning till it was too late to get set up. If you did the trade, could you please let me know what happened? Looks like a busy week. The … Continue reading

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