Analysis 19/01 NZD CPI q/q

[forexsoup]

NZD CPIq/q

23:45 NZ CPI q/q 2.3%(E) 1.1%(P) 0.3%(S) 50M

E = Expected Release Figure
P = Previous Release Figure
S = Deviation or Surprise Factor
M = Expected Movement In Pips (if deviation is hit)

NEWS TRADING

Wed January 19, 2011

[23:45pm EU Time]

We'll be trading the Consumer Price Index (CPI) figure out of New
Zealand today. CPI is Inflation, therefore it is a very high impact
release. Here's the forecast:

23:45pm (EU Time) NZ CPI q/q Forecast 2.3% Previous 1.1%
ACTION: NZD/USD BUY 2.6% SELL 2.0%