Monthly Archives: June 2020

Forex News Trading: Trade for Tuesday, June 30, 2020

8:30 AM EDT CAD GDP USD/CAD The GDP is forecast to drop from -7.2% to -10.5%. I personally would not expect a big move, or even a small move, if they miss their guess by a lot. We are still … Continue reading

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Forex News Trading: Trades for week of June 28 – July 3, 2020

The one trade this past week was an interest rate that did not change. For the upcoming week the trades I will post are: Tue 8:30 AM – CAD GDP Thu 8:30 AM US Non-Farm Employment Change The CAD trade … Continue reading

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Forex News Trading: Trade for Tuesday, June 23, 2020

10:00 PM EDT NZD Official Cash Rate NZD/USD The rate is at 0.25% (like most everybody elses rate), and it is expected the rate will be left there for now. Since the Kiwi numbers are reported quarterly for CPI and … Continue reading

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Forex News Trading: Trades for week of June 21 – 26, 2020

We continue to limp along in this bizarre year. Many economies are starting to bounce back, so I am expecting thing to begin to return to a degree of normalcy with the June numbers (coming out in July). I thought … Continue reading

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Forex News Trading: Trade for Thursday, June 18, 2020

7:00 AM EDT UK Official Bank Rate GBP/USD The rate is expected to remain at 0.10% and the MPC is expected to vote 0-0-9 to leave the rate where it is for now. It seems quite unlikely anyone would vote … Continue reading

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Forex News Trading: Trades for Wednesday, June 17, 2020

8:30 AM EDT CAD CPI USD/CAD The forecast is for the CPI number to go from -0.7% to 0.8%, a 1.5% change. It is expected the economy in Canada is recovering quickly also. Not sure if we will see much … Continue reading

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Forex News Trading: Trades for week of June 14 – 19, 2020

This past week had only 2 trades. The US interest rate remained the same. The CPI deviated by only .1 though it came back from -0.8% to -0.1%. I missed the trade so not sure if there was any movement. … Continue reading

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Forex News Trading: Trades for Wednesday, June 10, 2020

8:30 AM EDT US CPI XAU/USD The forecast is the the CPI to go from -0.8 to 0.0%. The CPI should return to normal within another month or two. Whether the markets will react to this or not remains to … Continue reading

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Fores News Trading: Trades for week of June 7 – 12, 2020

Well, the week was another dud until today. I personally didn’t make any pips because the US NFP went out at zero, but we did see a huge jobs gain in favor of the Dollar and an actual move with … Continue reading

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Forex News Trading: Trades for Friday, June 5, 2020

8:30 AM EDT US Non-Farm Employment Change XAU/USD There is no sense in looking at the history of this. The forecast is for 8 million more unemployed and the unemployment rate going up roughly 5% from 14 to 19. These … Continue reading

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