Trading the News | NZ CPI q/q | October 15 2015

NZD CPI q/q @ 09.45pm GMT

The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.

A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.

What's Expected :

Date	Time (GMT)	Currency	Actual	Forecast	Previous
Thu, Oct 15	09:45pm	NZD	*	0.2%	0.4%

Previous figure : 0.4%

Expected Figure : 0.2%

Deviation Trigger :  ± 0.3%

The Trade Plan :

Buy NZDCHF	If actual figure is or is above	0.5%
Sell NZDUSD	If actual figure is or is below	-0.1%

Usually if our BUY or SELL figures are hit, we could expect the market to move about 40-50 pips within the next 30-90 minutes.

Remember : For trading the news you can use the Recommended pair from above as they provide the best combination of currency pairs to trade based on better/worse news OR you can also trade the default pair: NZDUSD.

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