Today's highlights include CPI from Switzerland along with Manufacturing and Industrial Production from the UK. Given the importance of referendum polls right now, we are not anticipating a trading opportunity from the UK figures, however ordinarily we would. Today's main event however, early in...
Our trade call earlier in the week was to buy NZDJPY around 74.15, with a stop-loss at 72.40 and a target of 75.70. The rationale is that the RBNZ and Governor Wheeler have expressed serious concerns about the overheating housing market and state that it is a major risk to financial stability...
The main Forex news releases for the following week are: CPI from Australia, FOMC statement, RBNZ rate decision and BoJ monetary policy announcement.
Full list of Forex news trading events taking place this week:
Monday 25th.
10:00am BST – German Ifo Business Climate.
Tuesday 26th.
2:30pm...
There is currently no high probability trade opportunities, however we are remaining poised for any action as a result of BOE Minutes and RBNZ rate decision in the sessions ahead. Prepare for the latter event by watching my trading events outlook here and by reading my analysis.
RBNZ Rate...
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