Trading Economic News

**Gregory McLeod** · 02-09-2011, 04:12 PM

Originally Posted by jiggy123

GBP interest could hike or not ???

Bank of England not Expected to Raise Rates

Hello Jiggy,

Rates are expected to keep rates unchanged at 0.50%. The statement that comes out later will show how many governors voted for a hike or to keep rates unchanged.

**Gregory McLeod** · 02-10-2011, 07:50 AM

BOE Holding Rates Steady Cable Rebounding from 1.6000 Area

The Bank of England held its key overnight lending rate and asset purchase target at 0.50 percent and 200 billion pounds in February as widely expected...Read more Here on DailyFX

**Gregory McLeod** · 02-10-2011, 07:57 AM

Bank of England Leaves Rates on Changed: Can this break GBP/JPY Out of this Wedge? 134.00 would be the prize on an upward breakout.

**Gregory McLeod** · 02-11-2011, 01:44 PM

USD/CAD moves down 90 pips in 5 hours.
Canadas dollar gained versus the greenback as Canada unexpectedly posted its first trade surplus in 10 months. Hosni Mubarak's resignation accelerated move.

**Gregory McLeod** · 02-14-2011, 07:16 AM

High Importance Economic News Releases for Week of 2/14/2011

For a more details visit the Full Daily FX Calendar

**Gregory McLeod** · 02-15-2011, 08:09 AM

Originally Posted by Chicca

hello
I appreciate very much your expertise and I d like to know your opinion about your expectations on eu vis a vis of the US retail sales considering the strenght of euro at the moment
thanks a lot

Euro Breakout May Need One of these Catalysts
Hello Chicca,

With the ECB presidency unresolved, Portuguese and Greek debt demanding more yield, the Euro has been trapped in a wedge. A break and close above 13550 or a close below 13426 are the zones that will tell us more about further strength or weakness in my opinion. Without resolution of the larger issues, the breakouts may be only short lived.

**Gregory McLeod** · 02-16-2011, 01:50 PM

Could US CPI Move Swissy?

**Gregory McLeod** · 02-18-2011, 08:58 AM

The U.S. President's Day Holiday could see decreased trading volumes as traders in the U.S. take that day off.

When they come back, they along with other traders will be welcomed by a slew of Economic data including Bank of England Minutes and US GDP:

**Gregory McLeod** · 02-22-2011, 08:49 AM

Will Early Euro Rally Be Derailed by US Consumer Confidence?

**Gregory McLeod** · 02-23-2011, 07:19 AM

How will Exisiting Home Sales Move the Euro?

**Gregory McLeod** · 02-23-2011, 01:33 PM

Originally Posted by Gregory McLeod

How will Exisiting Home Sales Move the Euro?

The Euro rallied to a high of 1.3785 after a better than expected US Existing Home Sales number of 2.7% versus 1.1% expected. Euro collapsed back to the 1.3740 area.
New Fade Strategy (DailyFX: Trading the News) states that waiting for the initial run-up to exhaust itself and then fading the move.

**Gregory McLeod** · 02-24-2011, 07:43 AM

EUR/JPY 15m Chart Triangle Breakout Set Up. US Durable Goods and US Home Sales for January could be the spark for a breakout.

**Gregory McLeod** · 02-25-2011, 12:43 PM

Originally Posted by Gregory McLeod

GBP/USD Coiling Before Next Move

Cable Breaks South on Worse than Expected US GDP. The US Dollar seems to rally when there is negative U.S. economic news as money moves out of risk appetite currencies and seeks refuge in the US Treasury Market that is denominated in dollars. The US 10 Yr Treasury note fell in yield to 3.43% -0.022. As money moves into the 10Yr price goes up but the yield falls.

Did anyone trade this?

**Gregory McLeod** · 02-28-2011, 08:17 AM

Important Economic Releases Week:

2/28 CAD Quarterly Gross Domestic Product Annualized (4Q)
EUR German Unemployment Change (FEB)
3/1 EUR Euro-Zone Consumer Price Index Estimate (YoY) (FEB)
EUR Euro-Zone Consumer Price Index Estimate (YoY) (FEB)
CAD Bank of Canada Rate Decision (MAR)
AUD Gross Domestic Product (QoQ) (4Q)
3/3 EUR European Central Bank Rate Decision (MAR)
3/4 USD Change in Non-farm Payrolls (FEB)
USD Unemployment Rate (FEB)

Mark your calendars and watch DailyFX Live Coverage

**Gregory McLeod** · 03-01-2011, 03:28 PM

Could Strong US Economic Data Reverse Euro Drop?

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Thread: Trading Economic News

Thread Tools

Bank of England not Expected to Raise Rates

BOE Holding Rates Steady Cable Rebounding from 1.6000 Area

Bank of England Leaves Rates on Changed: Can this break GBP/JPY Out of this Wedge?

USD/CAD moves down 90 pips in 5 hours.

High Importance Economic News Releases for Week of 2/14/2011

Euro Breakout May Need One of these Catalysts

Could US CPI Move Swissy?

Next Week's Economic News

Will Early Euro Rally Be Derailed by US Consumer Confidence?

How will Exisiting Home Sales Move the Euro?

Existing Home Sales Provides Temporary Lift to Euro

EUR/JPY 15m Chart Triangle Breakout Set Up

Cable Breaks South on Worse than Expected GDP

Important Economic Releases Week

Could Strong US Economic Data Reverse Euro Drop?

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