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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