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.
Sunday, May 18, 2008
News Trader
Labels: day trading, style news event
Posted by Forex Trader at 4:17 AM
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1 comments:
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