CPI on the GBP tonight , it's gonna be big.
(Consumer Price Index)
This is considered the UK's most important inflation data because it's used as the central bank's inflation target;
EDIT : Well it was a weird situation, they made a strong bullish breakout 1 hour before the news, and it just didnt stop. I guess they were REALLY expecting those good numbers. I tried 3 times to enter but got breakeven each.
Hedging exposed
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- TygerKrane
- rank: 1000+ posts
- Posts: 1733
- Joined: Mon Jan 25, 2010 3:36 pm
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- Location: Long Island, NY
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Hey newschool, really would like to get your opinion/confirmation of what I think about hedging... I am considering taking the plunge to getting a hedging-enabled account.
TygerKrane's Pip-Pickpocketing
TygerKrane's Pip-Pickpocketing
**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!
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At 14h15 its the Federal Funds Rate on USD... I hope the markets will be nervous.
EDIT: No movement. But I figured out why on the interest rate (from CAD) the market moved extremely strongly even if the stats stayed the same : there was a speech where the bank of canada predicted it will change the rate sooner than expected.
EDIT: No movement. But I figured out why on the interest rate (from CAD) the market moved extremely strongly even if the stats stayed the same : there was a speech where the bank of canada predicted it will change the rate sooner than expected.
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