Tuesday April 11, 2017 - 09:24:03 GMT
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Forex Trading Ideas For Friday 11 April 2017
Trading Ideas for 11 Apr 2017
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Amazing Trader EVENT RISK Calendar:
11 Apr Tues
08:30 GB- CPI/RPI
09:00 DE- ZEW Survey
12 Apr Wed
01:30 AU- Employment
08:30 GB- Employment
14:00 CA- Bank of Canada Decision
14:30 US- EIA Crude
13 Apr Thu
12:30 US- PPI
12:30 US- Weekly Jobless
14:00 US- Univ of Mich (prelim)
14 Apr Fri
00:00 Good Friday Bank Holidays
12:30 US- Retail Sales
12:30 US- CPI
Items likely to drive FX rates:
- Trade is off to a cautious start again today. We are in a subdued trading period due to the several religious holidays. Concerns over the U.S. attack on Syria have abated. As expected Yellen was cautious.
- CPI/RPI the GBP reacted strongly to tends to mixed data. German ZEW beat expectations, bt the EURUSD did not move by much.
EVENT RISK- Wed Apr 12
01:30 AU- Employment- Key data for RBA strong reaction possible.
08:30 GB- Employment- Key data for BOE strong reaction possible.
14:00 CA- Bank of Canada Decision. BOC seen keeping rates steady.
- EVENT RISK- Thu Apr 13
12:30 US- PPI part of the inflation picture.
14:00 US- University of Michigan Survey (prelim).
- EVENT RISK- Fri Apr 14
00:00 Good Friday Bank Holidays.
12:30 US- Retail Sales- Economy driven by consumption.
12:30 US- CPI- Fed targets inflation.
co-founding Partner, Global-View.com
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