Just a quick heads-up for EUR traders 30 Jan
We can, as always, expect the initial algo headline-led reaction to the data however the report fully plays out so be ready with your entry/exit levels from whichever side you want to play.
Placing limit orders in advance can often be useful given the occasional speed of moves and subsequent reversals, although equally it can be prudent to wait and manually trigger executions once you've sized up the data in its entirety and gauged the price action.
Forecasts:
- QQ SA 0.6% as prev
- YY SA 2.7% vs 2.6% prev
EZ confidence data also out too fyi.
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