Forex Signal (Thu July 7 2011, 10:00am NY Time EST) – CA IVEY PMI

The Canada IVEY PMI will be released today. This release is considered a leading indicator that receives much attention from traders; especially when its released early in the week before the Employment report. Here's the forecast: 10:00am (NY Time) CA IVEY PMI Forecast 65.7 Previous 69.1 ACTION: USD/CAD BUY 62.0 / SELL 69.0 The Trade Plan Our tradable deviation factor is 3.0. IVEY PMI is … [Read more...]