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

Thursday, October 15, 20150 comments

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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