Past performance is not a guarantee of future results. Please remember that technical analysis is only a tool for trading and even targeted analysis is no guarantee of profits. Forex trading carries a substantial risk of loss and only discretionary capital should be used in trading.

Forex Trading News: CBI Distributive Trades Realized Preview

Posted by Mr. Danish FX on Tue, 04/29/2008 - 2:23am in

Distributive Trades Realized

At 6:00 AM, the Confederation of British Industry Distributive Trades Realized number comes out. This number gauges the status of the retail sector of the UK by asking executives if their companies have had increases or decreases in business activity from a year ago. A positive figure indicates an increase which will typically have a positive effect on that currency.

The last number was 1 and -3 is forecast for this release.