US Existing Home Sales & NZ Retail Sales

[forexsoup]

17:00 (EU Time) Existing Home 4.88M(E) 4.68M(P) 0.4M(S) 50M
23:45 (EU Time) NZ Retail Sales 1.3%(E) -2.5%(P) 0.6%(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

Thu January 20, 2011

[17:00 EU Time]

US Existing Home Sales is expected to remain unchanged from the
previous month as current market situation is showing signs of
bottoming out on the housing sector. Here's forecast:

Existing Home Sales Forecast 4.88M Previous 4.68M
ACTION: EURUSD SELL 5.3M / BUY 4.40M


[23:45 EU Time]

We'll be getting the Retail Sales figure out of New Zealand today,
since Retail Sales is a direct reflection of the economy, this
release is considered as an high impact release... Here's the
forecast:

23:45 (EU Time) NZ Retail Sales Forecast 1.3% Previous -2.5%
ACTION: NZD/USD BUY 2.0% SELL 0.6%