When is CPI in forex South Africa?
CPI news is released on the second Wednesday of every month by exactly 2:30 PM South African time which is equivalent to 8:30 AM New York time since South Africa is ahead of New York by 6 hours..
When CPI is released by 2:30 PM, the markets are going to react turbulently and you will see a big candle form by exactly 2:30 PM (see encircled candle in attached image), followed by more volatile price action.
Use this link to access the monthly release schedule/calendar for CPI which is prepared by the U.S. Bureau of Labor Statistics https://www.bls.gov/schedule/2025/03_sched.htm
CPI news is released on the second Wednesday of every month by exactly 2:30 PM South African time which is equivalent to 8:30 AM New York time since South Africa is ahead of New York by 6 hours..
When CPI is released by 2:30 PM, the markets are going to react turbulently and you will see a big candle form by exactly 2:30 PM (see encircled candle in attached image), followed by more volatile price action.
Use this link to access the monthly release schedule/calendar for CPI which is prepared by the U.S. Bureau of Labor Statistics https://www.bls.gov/schedule/2025/03_sched.htm
A simple strategy for trading CPI is to mark the highest and lowest points of the first 15 minute candle that forms when cpi is released. After that, wait for price to break through the upper or lower line you marked then you trade the break accordingly after confirmation/retest of the breakout level. .
