Go Forex Trade!

Good morning and welcome to another market session in the US! Are you ready for another action packed, news filled trading session?

The European session brought a couple of numbers this morning. Switzerland’s ZEW Expectations have actually slumped a bit past consensus at -76.9 and the Italian Trade Balance has well outshone itself with having a trade deficit of only .06 Billion! Wow! Pasta, Cured Meats, Wine, Ferraris and other good delicacies are doing well for them I see!

So what is in store for the US Market Session for today?

First stop, is Canada with Foreign Securities Purchases. Later on in the morning, Canada will release some notes from the Bank of Canada’s stance on Monetary Policy and even BOC Governor Mark Carney will even have a few words!

Ok, now back in the US, and we will have a couple of housing related heavy hitters this morning. Building Permits and Housing Starts start the morning, then we will have a number on unemployment claims.

We will have some words from Federal Open Market Committee Member Randall Krosner, most likely regarding monetary policy and opinion on interest rates.

1400 GMT will welcome the cheesesteak index (Sorry, I couldn’t help it, it was the philadelphia thing again!!!) The Philadelphia Fed Manufacturing Index will be released. 30 minutes later, look for the Natural Gas Storage numbers, and look for the magic number of 88 Billion Cubes (Cubic Feet, as in Natural Gas Measurement.)

That is what is going on with the US Market Today! we have a ton of news here, and I hope you get some serious pips along the way!!!

TRADE ON!

Thomas Howell

Goforextrade.com

P.S. And if you are struggling to get those pips, maybe you would be interested in an automated trading system such as the forex funnel. The Forex Funnel has been proven to bring in at least 6 figures a year while you just look and stare at the screen. Check out the Forex Funnel at ForexFunnel.Info