UK GDP Very Disappointing

January 30 2011 by Aidan Creal in Forex Release |No Comments

UK surprised the markets by reporting that Q4 10 GDP did not expand slowly as the consensus expected, but actually contracted by 0.5%. The economy last contracted in Q3 09.  A full breakdown of the report is not made available until the next report in late February.  However, the preliminary numbers suggest that the service [...]

Forex Trade Video & Plan For CA GDP m/m 07/30/10

July 27 2010 by Spencer McKay in Forex Release |No Comments

We’ll be receiving GDP release from Canada today along with US Adv. GDP q/q, I’d suggest to concentrate on the U.S. release first, if there is no trading opportunity there, then come back and look at the Canadian release. Here’s the forecast: 8:30am NY Time Canada GDP m/m Forecast 0.1% Previous 0.0% ACTION: USD/CAD BUY [...]