Forex Forum: Forex Trade 17 Feb, German Producer Prices, Bank Canada Consumer Price Index Core, Consumer Price Index - Forex Forum

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Forex Trade 17 Feb, German Producer Prices, Bank Canada Consumer Price Index Core, Consumer Price Index

#1 User is offline   Arnaud 

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Posted 17 February 2012 - 08:53 AM

Hello,
today we have some news...

  • 1:35 CNY: MNI Flash Business Sentiment Survey

  • 7:00 EUR: German Producer Prices

  • 9:00 EUR: Euro-Zone Current Account

  • 9:30 GBP: Retail Sales ex Auto Fuel
    A monthly measurement of all goods sold by retailers based on a sampling of retail stores of different types and sizes. The retail sales index is often taken as an indicator of consumer confidence.
  • 9:30 GBP: Retail Sales w/Auto Fuel
    A monthly measurement of all goods sold by retailers based on a sampling of retail stores of different types and sizes. The retail sales index is often taken as an indicator of consumer confidence.
  • 10:00 EUR: Euro-Zone Construction Output

  • 12:00 CAD: Bank Canada Consumer Price Index Core
    The key gauge for inflation in Canada . Simply put, inflation reflects a decline in the purchasing power of the Canadian Dollar, meaning each Dollar buys fewer goods and services. CPI is the most obvious way to measure changes in purchasing power - the report tracks changes in the price of a basket of goods and services that a typical Canadian household might purchase. An increase in the index indicates that it takes more Dollars to purchase this same set of basic consumer items. CPI Excluding Core Eight The Consumer Price Index excluding eight items which the Bank of Canada has deemed to have the most volatility from month to month. The goods omitted tend to fluctuate idiosyncratically and may distort CPI data. The headline figure for CPI is the percentage change in the index on a month to month and year to year basis.
  • 12:00 CAD: Consumer Price Index
    The Consumer Price Index is one of the leading economic gauges to measure the pace of inflation. Simply put, CPI measures the acceleration of price in a fixed basket of goods and services. Higher CPI indicates that prices of the basket as a whole have increased and as such, it costs more of the local currency to buy the same basket of goods. CPI is also broken down to a core level which strips out the volatile components of the index, which usually include food and energy, but this various by country. Usually, central banks pay far greater importance to the core numbers than the headline numbers. Excessive inflation will induce a central bank to consider raising interest rates while falling inflation would give them the flexibility to lower interest rates.
  • 13:30 USD: Consumer Price Index Ex Food & Energy
    The Consumer Price Index is one of the leading economic gauges to measure the pace of inflation. Simply put, CPI measures the acceleration of price in a fixed basket of goods and services. Higher CPI indicates that prices of the basket as a whole have increased and as such, it costs more of the local currency to buy the same basket of goods. CPI is also broken down to a core level which strips out the volatile components of the index, which usually include food and energy, but this various by country. Usually, central banks pay far greater importance to the core numbers than the headline numbers. Excessive inflation will induce a central bank to consider raising interest rates while falling inflation would give them the flexibility to lower interest rates.
  • 13:30 USD: Consumer Price Index
    The Consumer Price Index is one of the leading economic gauges to measure the pace of inflation. Simply put, CPI measures the acceleration of price in a fixed basket of goods and services. Higher CPI indicates that prices of the basket as a whole have increased and as such, it costs more of the local currency to buy the same basket of goods. CPI is also broken down to a core level which strips out the volatile components of the index, which usually include food and energy, but this various by country. Usually, central banks pay far greater importance to the core numbers than the headline numbers. Excessive inflation will induce a central bank to consider raising interest rates while falling inflation would give them the flexibility to lower interest rates.
  • 13:30 USD: Consumer Price Index Core Index

  • 13:30 CAD: Leading Indicators

  • 15:00 USD: Leading Indicators

  • 15:00 USD: American Petroleum Institute Monthly Report


And some trades:

Posted Image EUR/USD - Euro / US Dollar
Resistances: 1.331 - 1.3205 - 1.3145
Supports: 1.2975 - 1.3035 - 1.31

Posted Image USD/JPY - US Dollar / Yen
Resistances: 80.2 - 79.5 - 79.2
Supports: 78.2 - 78.7 - 79

Posted Image GBP/USD - British Pound / US Dollar
Resistances: 1.607 - 1.5915 - 1.5825
Supports: 1.566 - 1.573 - 1.578

Posted Image USD/CHF - US Dollar / Swiss Franc
Resistances: 0.9325 - 0.9295 - 0.922
Supports: 0.909 - 0.9145 - 0.9185

Posted Image EUR/CHF - Euro / Swiss Franc
Resistances: 1.2115 - 1.21 - 1.208
Supports: 1.203 - 1.2045 - 1.206
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