Just a quick update of what forex news to look out for today to guide our Trading for the day.

UK GDP

Currency affected : GBP

Time released         : 4:30 am NY(11:30am South African Time)

Expected figure.     : O.5%

Previous figure      : 0.5%

 

CANADA CORE CPI

Currency affected : CAD

Time released        :8:30am NY ( 15h30 South African time)

Expected figure     : 0.1%

Previous figure.    :-0.3%

 

USA CORE CPI

Currency affected : USD

Time released        : 8:30am NY ( 15:30 South African time)

Expected figure     : 0.1%

Previous figure      : 0.0%

 

UNEMPLOYMENT CLAIMS

Currency affected : USD

Time released.       : 8:30am NY (15h30 South African time)

Expected Figure    : 288k

Previous figure      : 283k

 

The general rule for fundamentals is that if the ACTUAL figure is greater than the forecast (expected) that is good for currency affected,keep that in mind.

HAPPY TRADING AND KEEP IT LOW RISK ALWAYS.

 

 

 

 

 

 

 

 

 

 

 

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