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Us Core Cpi

Discussion in 'Market Predictions and Reports' started by NDUKA VIVIAN CHINWE, Jun 17, 2010.

  1. NDUKA VIVIAN CHINWE

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    Hello all,

    We will be focusing on Core CPI release today. As we know its one of the inflation indicators and a good reading will be positive for the economy and see the FED increase rate in the nearest future because the US economy depends mainly on consumer spending and CPI which is the True Cost of Living is very important.
    My deviation is 0.3 of the forcast (0.1). If the outcome is 0.4 or HIGHER, BUY USD/JPY and exit at 50 pips, but if the outcome is -0.1 oe LESS, SELL USD/JPY for 50pips. Happy trading:)
     

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