FRIDAY FOREX NEWS

4:30am UK Retail Sales -0.5%(E) 0.3%(P) 0.6%(S) 50M
8:30am CA Core Retail 0.4%(E) 0.0%(P) 0.6%(S) 40M
8:30am US Core CPI m/m 0.2%(E) 0.1%(P) 0.2%(S) 50M

E = Expected
P = Previous
S = Surprise Factor
M = Expected Movement in Pips if surprise factor is reached 1. Friday February 19, 2010 (4:30am NY Time) UK

Retail Sales Forecast -0.5% Previous 0.3%

Our focus will be on Retail Sales, which is a measurement of
the activities at the retail level of the nation. A higher Retail
sales number means better economy, thus better for its currency.

Our surprise factor will be 0.6% on the Headline number. If our
surprise factor is hit, we can expect the market to move 50 pips
within the hour, with a historical accuracy of 78%.

2. Friday February 19, 2010 (8:30am NY Time) CA

Core Retail Sales Forecast 0.4% Previous 0.0%

Our focus will be on Retail Sales Core, which is a measurement of
the activities at the retail level of the nation, excluding
volatile Automobile Sales Components, which makes up about 25% of
Retail Sales headline number. A higher Retail sales number means
better economy, thus better for its currency.

Our surprise factor will be 0.6% on the Headline number. If our
surprise factor is hit, we can expect the market to move 50 pips
within the hour, with a historical accuracy of 82%

3. Friday February 19, 2010 (8:30am NY Time) US

Core CPI m/m Forecast 0.2% Previous 0.1%

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 0.2%, if the Core CPI number increases to a
surprise at 0.4% then we will BUY USD/JPY. If the Core CPI number
decreases to 0.0% or less, we'll SELL USD/JPY.