Thursday May 18, 2017 - 08:22:45 GMT
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Forex Trading Ideas For 18 May 2017
Trading Ideas for 18 May 2017
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Amazing Trader Calendar:
Thu 18 May
1:30 AU- Employment
08:30 GB- Retail Sales
Fri 19 May
12:30 CA- Retail Sales & CPI
The appointment of a broadly recognized neutral investigator into possible Russian interference into the U.S. political campaign adds a new element of uncertainty. It does take the issue out of the hands of the administration, which could get Trump back working on his economic agenda. Trading should be focused on financial market developments. Expect U.S. equity prices to play the leadership role.
Weekly Event Risk Agenda
- EVENT RISK: Thursday-- 08:30 GB- Retail Sales. The GBP is highly sensitive to these macro economic data.
- EVENT RISK: Friday-- 12:30 CA- Retail Sales & CPI. In many months, Canada releases these two top indicators simultaneously. The top indicator for the CAD is the price of oil.
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