HENRY LIU SIGNAL

NEWS TRADING

Friday October 30, 2009

[8:30am NY Time]

CA GDP m/m BUY -0.2% SELL 0.4% USD/CAD

Keputusan data -1.0 tidak mencapai anggaran signal akan tetapi pasaran usdcad melakukan breakout (bullish) mencapai 100 pips ,ini berlaku disebabkan oleh keluaran negara kasar GDP CAD merosot secara langsung memberi kekuatan kepada USD .

We'll be focusing on the Canadian GDP month on month release, which
is defined (from wikipedia) as "the market value of all final goods
and services produced within a country in a given period of time. It
is also considered the sum of value added at every stage of
production of all final goods and services produced within a country
in a given period of time." GDP has a strong effect on the cash rate
of the CAD, as better economy affects BOC's rate outlook and future
monetary policy.

We are looking for a +0.4% (or better) or a 0.1% (or worse) of
actual release figure based on the expected 0.1%. If we do get a
0.4% on the monthly GDP, it would be Canadian Dollar positive and we
should look for entries to SELL USD/CAD; if we get a -0.2% release,
then we should consider BUYING USD/CAD.

Canadian Dollar has been under pressure lately as USD gained across
the board since last week; however, with better than expected GDP
release from U.S. yesterday, we could see further weakness in the
CAD if we do not also have a surprising release number to the
upside. Expect to either go LONG on the USD/CAD or wait for better
entries on a LONG order... Unless this release totally blows the US
GDP release out of water, the dynamic of USD/CAD pair should remain
in an upward trend.