Recent content by joenews

Time report is released: 8:30 am eastern time (New York Time). This report is typically classed as a “B” report and does the ability to surprise the market and move price substantially. What is US Durable Goods Orders: The US Durable Goods Orders report provides data on new orders that are...

The Canadian retails sales indicator is a measure of retail sales and normally we will see two figures, the “headline” number and a number excluding automobile sales. A retail sales reading which is higher than the market expects is bullish for the Canadian currency and a retails sales reading...

January 20, 2012 Italian industrial new orders beat what the market was expecting printing 0.1% versus the expected -2.4% this, in addition to comments released from Greece help to move price back up and bounce off of the 1.2900 level. This report is not a favorite one of ours to trade however...

Are you trading US jobless claims tomorrow? Read this first. Thursday, January 19, 2012 we will be trading the weekly US jobless claims economic announcement. As with most economic announcements/indicators, the importance changes with market cycles. There are actually times when the jobless...

January 17, 2012 Live chat room trade was UK CPI and EUR ZEW. Market was expecting 4.2% Y/Y on UK CPI and -49.2 German ZEW actual number released was 4.2% UK CPI and -21.6 on German ZEW Since UK CPI came in about as expected we placed a HOLD on that report however we traded the German ZEW 30...

haha... thanks for pointing that out! My mistake, should read 2011.

pboyles... Not sure what you are referring to, the numbers in the article just above your comment were an example to help explain reactions to the news. The numbers in the December 21 and 22 were the outcome of news and reaction. N.D.

Since this week is considered as one of the slowest trading weeks of the year (end of year and New Years holiday) I will take some time to outline a few strategies we use for trading the news with currencies. Below is a recent post on our site: Trading economic data In this article I will...

December 20, 2012 Live chat room trade was Canadian CPI data. Market was expecting 0.1% we were using a trigger of 0.5% actual number released was 0.2%. This was not a big surprise to the market however it was less than expected and less than the prior month's reading of 0.3%. Our chat room...