Monthly Archives: May 2020

Forex News Trading: Trades for week of May 30 – June 5, 2020

It seems like forever since we did any real trading. The unemployment numbers are starting to level off so it looks like the worst is over, though the recovery will be slowed because each state is opening up at a … Continue reading

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Forex News Trading: Trades for week of May 24 – 30, 2020

Again this week there are almost no red folders. When times are really good the CAD GDP is a fair trade but now it is relatively useless so I would not do it. Lots of countries have started to open … Continue reading

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Forex News Trading: Trades for week of 17 -22, 2020

It was another week of paralysis. I didn’t try any of the trades but looked after the fact and saw little to no movement with the ones I checked. No surprise here. Looking ahead to next week, well, not much … Continue reading

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Forex News Trading: Trade for Wednesday, May 13, 2020

9:30 PM EDT AUD Employment Change AUD/USD The forecast is for over a half million jobs lost and the unemployment rate to take a 3.1% spike up. This is likely in the ballpark but won’t make much difference as far … Continue reading

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Forex News Trading: Trades for Tuesday, May 12, 2020

I was helping my son move today and forgot about this. 8:30 AM EDT US CPI XAU/USD The forecast is for -0.7% which is insanely high. But don’t expect any movement even if they miss badly. The hope here is … Continue reading

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Forex News Trading: Trades for week of May 10 – 15, 2020

There were some huge deviations this week but no movement that I saw. We are not out of the woods yet. For next week the trades I will post are: Tue 8:30 AM – US CPI Tue 10:00 PM – … Continue reading

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Forex News Trading: Trades for Friday, May 8, 2020

8:30 AM EDT US Non-Farm Employment Change XAU/USD History certainly doesn’t matter here. The forecast is for 21,400,000 lost jobs and the unemployment rate jumping from 4.4% to 16%. Like last month this could be off by millions and it … Continue reading

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Forex News Trading: Trade for Thursday, May 7, 2020

2:00 AM EDT UK Official Bank Rate GBP/USD Since the rate is all the way down to zero, like other central banks the BoE is unlikely to do anything more with it. They will employ other measures before messing with … Continue reading

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Forex News Trading: Trades for Tuesday, May 5, 2020

12:30 AM EDT AUD Cash Rate AUD/USD Like most everywhere, the rate is close to zero and the RBA will be using other means to try to get things under control. The odds of a change are very small. SETTINGS: … Continue reading

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Forex News Trading: Trades for week of May 3 – 8, 2020

I didn’t do any of the trades last week, anticipating none would have any movement and not wanting to take the risk, so not sure if there was any movement. Some things are starting back up now so from a … Continue reading

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