Forex News Trading: Trades for week of April 26 – May 1, 2020

Well, societies are slowly starting to open back up. This will take awhile, probably weeks or months, but hopefully things will slowly get back to normal, including the markets.

For next week the trades I will post are:

Tue 9:30 PM – AUD CPI q/q
Wed 8:30 AM – US Advance GDP q/q
Wed 2:00 PM – US Federal Funds Rate
Thu 8:30 AM – CAD GDP

These are all really kind of meaningless at this point. The Fed will not mess with the rate at this time since things will have just started back up in a few states and they will want to start looking at the actual numbers to see if starting up is practical or not. If so, and more states start piling on, then we might see some responsiveness in the markets.

Anyway have a good rest of the night and Sunday.

About Barry Battista

I am a software guy that started trading in 2006. I have been trading the news for a living ever since. Eventually I wrote some code to help a friend and I improve our odds, and gradually the software took on a life of its own. My intention is to adapt this trading style to the ever changing Forex markets to always provide the trader with the tools and information to give them the maximum odds of a profitable trade.
This entry was posted in AUD News Data, CAD News Data, News Trade Calls, News Trading, US News Data and tagged , , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *