Henry Liu
Former FPA Special Consultant
- Messages
- 473
Hey Folks:
We got a few releases scheduled for the week, and most of them are news from UK and U.S. Therefore we should see plenty of volatility in both currencies...
As usual, I'll be sending out more detailed analysis for each and every single tradable news on the list below. Make sure you check out this section for more details.
1. Mon November 15, 2010 8:30am EST - US Core Retail Sales m/m
Historical Chart & Data
2. Tue November 16, 2010 4:30am EST - UK CPI y/y
Historical Chart & Data
3. Wed November 17, 2010 4:30am EST - UK MPC Meeting Minutes
4. Wed November 17, 2010 8:30am EST - US Core CPI m/m
Historical Chart & Data
5. Thu November 18, 2010 4:30am EST - UK Retail Sales m/m
Historical Chart & Data
... and some untradable releases....
This week's market trend should be a continuation of last week's. We have already seen EURUSD making a significant consolidation, and I believe 1.3500 and below will be the least of possibilities this week.
Of course, the main focus will be on both US Retail Sales and CPI data, with Retail Sales being the main focus of all, as a strong Retail Sales should add more demand for the USD, especially after the Feds already committed to the QE2 for the next 8 months.
I'll be looking to SELL into any EURUSD rally, especially at the end of the day as the upward momentum dies down... because I believe the overall trend has changed for the USD, at least temporarily (until 2011?).
Thanks,
We got a few releases scheduled for the week, and most of them are news from UK and U.S. Therefore we should see plenty of volatility in both currencies...
As usual, I'll be sending out more detailed analysis for each and every single tradable news on the list below. Make sure you check out this section for more details.
1. Mon November 15, 2010 8:30am EST - US Core Retail Sales m/m
Historical Chart & Data
2. Tue November 16, 2010 4:30am EST - UK CPI y/y
Historical Chart & Data
3. Wed November 17, 2010 4:30am EST - UK MPC Meeting Minutes
4. Wed November 17, 2010 8:30am EST - US Core CPI m/m
Historical Chart & Data
5. Thu November 18, 2010 4:30am EST - UK Retail Sales m/m
Historical Chart & Data
... and some untradable releases....
- Nov. 15, 2010 7:30pm AU Monetary Policy Minutes
- Nov. 16, 2010 5:00am EU German Zew Economic Sentiment (I don't trade it, but this release may cause enough volatility in the EURUSD pair)
- Nov. 16, 2010 8:30am US PPI
- Nov. 16, 2010 9:00am US TIC Purchases
- Nov. 17, 2010 4:30am UK Claimant Count
- Nov. 18, 2010 8:30am US Unemployment Rate
This week's market trend should be a continuation of last week's. We have already seen EURUSD making a significant consolidation, and I believe 1.3500 and below will be the least of possibilities this week.
Of course, the main focus will be on both US Retail Sales and CPI data, with Retail Sales being the main focus of all, as a strong Retail Sales should add more demand for the USD, especially after the Feds already committed to the QE2 for the next 8 months.
I'll be looking to SELL into any EURUSD rally, especially at the end of the day as the upward momentum dies down... because I believe the overall trend has changed for the USD, at least temporarily (until 2011?).
Thanks,
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