FOREX TIPS

Tuesday January 19, 2010 (4:45pm NY Time) NZ
NZ CPI q/q                Forecast 0.0%      Previous 1.3%
CPI, Consumer Price Index, is a statistical estimate of the
movement of the prices of goods and services bought for consumption
purposes by households. Its computation uses price data collected
for a sample of goods and services from a sample of sales outlets
in a sample of locations for a sample of times and estimates of the
shares of the different expenditures in the total covered by the
index which are usually based upon expenditure data obtained for
sampled periods from a sample of households(wikipedia).  It is also
known as the "True Cost of Living".
Our surprise factor is 0.3%, if the CPI number (headline) increases
to a surprise at 0.3% then we will BUY of NZD/USD.  If the CPI
number decreases to -0.3% or less, we'll SELL NZD/USD.
Historically, even at a different of 0.2% the market tends to
overreact.  If it does hit our S. Factor, there is 80% of chance it
will move 40 pips.