TRADE OPPORTUNITY TONIGHT
There is an opportunity to trade tonight when the AUD Labor
Force Employment report is released at 9:30 pm EDT. The
expectation for this release is 5k jobs. We have lowered the
safe trigger to 15k jobs for this release, as we have
historically seen moves of around 25 to 40 pips when the
release has met this safe deviation. We will not have the Live
Trade Room open for this trade, but we wanted to make you aware
of the opportunity.
In addition, there is some data coming out of New Zealand at
6:45 pm EDT, when their Employment Change and Unemployment Rate
reports are released at the same time. We do not have enough
history on the Employment Change figure to provide a safe
trigger, but it seems that this figure will typically move the
market more than the Unemployment Rate figure will.
Our next Live on the News opportunity will be Friday morning,
when the Canadian Labor Change report is released. We will
send out an e-mail regarding that trade opportunity tomorrow.
Good Luck!!!!
