karlis09
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UK CPI y/y and BOC Interest Rate Decision
11:30(Europe Time) UK CPI y/y 3.3%(E) 3.3%(P) 0.2%(S) 50M
16:00(Europe Time) CA BOC Rate 1.0%(E) 1.0%(P) 0.25%(S) 50M
E = Expected Release Figure
P = Previous Release Figure
S = Deviation or Surprise Factor
M = Expected Movement In Pips (if deviation is hit)
NEWS TRADING
Tue January 18, 2011
[11:30 NEWS TRADING]
We'll be looking at the yearly release figure
and the market could react with lots of volatitility as CPI is the
basic measurement of Inflation, therefore expect to see more
exaggerated moves if we get a huge surprise release. Here is the
forecast:
11:30 Europe Time UK CPI y/y Forecast 3.3% Previous 3.3%
ACTION: GBP/USD BUY 3.5% SELL 3.0%
[16:00 Europe time]
Bank of Canada (BOC) will once again meet for their Overnight Rate
(Interest Rate) and the decision will be announced today at 16:00
sharp. Along with the rate decision, BOC Carney will also announce a
Rate Statement to further explain today's decision. Here's what
analysts are expecting:
16:00 (Europe Time) CA BOC Rate Decision Forecast 1.00% Previous 1.00%
ACTION: USD/CAD SELL 1.25%
forexsoup.com
11:30(Europe Time) UK CPI y/y 3.3%(E) 3.3%(P) 0.2%(S) 50M
16:00(Europe Time) CA BOC Rate 1.0%(E) 1.0%(P) 0.25%(S) 50M
E = Expected Release Figure
P = Previous Release Figure
S = Deviation or Surprise Factor
M = Expected Movement In Pips (if deviation is hit)
NEWS TRADING
Tue January 18, 2011
[11:30 NEWS TRADING]
We'll be looking at the yearly release figure
and the market could react with lots of volatitility as CPI is the
basic measurement of Inflation, therefore expect to see more
exaggerated moves if we get a huge surprise release. Here is the
forecast:
11:30 Europe Time UK CPI y/y Forecast 3.3% Previous 3.3%
ACTION: GBP/USD BUY 3.5% SELL 3.0%
[16:00 Europe time]
Bank of Canada (BOC) will once again meet for their Overnight Rate
(Interest Rate) and the decision will be announced today at 16:00
sharp. Along with the rate decision, BOC Carney will also announce a
Rate Statement to further explain today's decision. Here's what
analysts are expecting:
16:00 (Europe Time) CA BOC Rate Decision Forecast 1.00% Previous 1.00%
ACTION: USD/CAD SELL 1.25%
forexsoup.com