Tuesday April 11, 2017 - 18:23:04 GMT
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Forex Trading Ideas For 12 April 2017
Trading Ideas for 12 Apr 2017
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Amazing Trader EVENT RISK Calendar:
12 Apr Wed
08:30 GB- Employment
14:00 CA- Bank of Canada Decision
14:30 US- EIA Crude
13 Apr Thu
01:30 AU- Employment
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 got off to a cautious start Tuesday as we are in a subdued trading period due to the various religious holidays. Concerns about the U.S. economy have been mounting on worries about the status of the U.S. tax cuts.
- U.K. CPI/RPIX, the GBP reacted strongly to tends to mixed data. German ZEW beat expectations handily, but the EURUSD did not move by much.
- EVENT RISK- Wed Apr 12
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
01:30 AU- Employment- Key data for RBA strong reaction possible.
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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