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Here's the price action for the GBP manufacturing production on 7th July 9.30am GMT. My conundrum is choosing which pair to trade against. Clearly in this case, the one to have avoided was GBPAUD, but I was wondering if any of you had any strategies ...
Not sure if this is correct. News releases are v. tightly controlled. However, banks have their own army of economists/analysts that might disagree with the commonly predicted outcome, and will use their info to their advantage. I think that this is ...
But look what happens to JPY!
AUD 02.30GMT unemployment data...
I have attached figures for the last year (source: News Trader Pro) A difference of 0.5% or over is worth a trade in my opinion.