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Trade Opportunity Later Today

Written by Dustin Pass on February 14, 2008 – 2:04 pm -

There is an opportunity for a trade later today when the NZD Retail
Sales report is released at 4:45 pm EST.  The expectation for
this report is be 0.1%.  We have placed a safe trigger of 0.3%
for this release.

This report has met our safe trigger in ten out of the last
eleven months and the NZD/USD has moved between 20 and 40 pips
each time.  We will not have the Live Trade Room open, but I
wanted to make you aware of this potential trade opportunity.

Our next Live on the News trade opportunity will be next
Tuesday, February 19, when the Canadian CPI report will be
released.  I will send out information on this opportunity on
Monday.

Good Luck!!!!


Posted in NZD News Data |

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