Today we see the Fed Interest Rate Decision. 94 out of the 98 economists surveyed have forecast a cut in rates from 2.25% to 2.00%. This level of certainty is not shared by the markets, with CME FedWatch currently forecasting…

CAD CPI is released prior to the US session. Our triggers for this event are usually wide enough to overcome any conflict and therefore we don’t add any components as conflicts. With the focus on the Fed Interest Rate decision…

USD Retail Sales is released prior to the open of the US session. We are looking for a divergence of +/-0.5. If this is hit then we will be looking for a 20+ pip spike. This divergence is usually enough…

USD CPI MoM is released prior to the US session. If our triggers are hit, we expect a spike of 30 pips. Our triggers are usually wide enough to overcome any conflict, so we don’t add any components as conflicts.

GBP GDP QoQ is released during the European session. This is the final reading and therefore unlikely to deviation far from the forecast. We have set the triggers at +/-0.1 as this is the largest deviation we will likely see….

CAD Employment Change is released pre-US session. We trade the headline component and we add CAD Unemployment Rate as a conflict. We expect a spike of 30 pips if a trade is triggered.

USD Nonfarm Payrolls is released prior to the open of the US session. We add USD Unemployment Rate to Conflict Manager and we look for a spike of 20-30 pips if a trade is triggered.

AUD GDP QoQ is released during the Asian session. This is a two star event and we look to trade it with only a minor deviation from the forecast. This has been a really strong event for us over the…

AUD Retail Sales MoM is released during the Asian session. We only trade this event with a large deviation. If a trade is triggered, we look for a spike of 20-30 pips.

CAD GDP MoM is released pre US session. Historically we have seen a good spike with any deviation from the forecast and follow through usually occurs quickly. If a trade is triggered, expect a spike in excess of 50 pips.