Sunday, May 18, 2008

News Trader

Trading The News : GBP PPI Input M/M

Time of release : 12 May 2008 4.30pm(GMT+8)
Primary pair impact : GBPUSD
Forecast : 1.8%
Previous : 1.7%
Actual : 2.4%





News analysis


Buy signal : 2.4%
Forecast : 1.8%
Sell signal : 1.2%

GBP PPI Input M/M is forecast to be 1.8%. If the actual number PPI is 2.4% or more GBPUSD might possibly increase 50 pip or more above pre-release price, if PPI is 1.2% or less GBPUSD may possibly decrease 50 pip or more below the pre-release prise



News release is 2.4%. Actual came better than expected.

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