Here is the key factor to keep in mind today for Euro trades: German Trade Balance and Current Account Balance: The Trade Balance for October is predicted at a level of €21.7 billion. Forex traders can compare this to the September Trade Balance of €22.8 billion. The Current Account Balance for October is predicted at a level of €23.7 billion. Forex traders can compare this to the September Current Account Balance of €25.1 billion. Exports are predicted to decrease by 0.6%. Forex traders can compare this to September Exports which increased...
Here are the key factors to keep in mind today for US Dollar trades: US NFP: The US NFP report for November is predicted to show 200,000 jobs which were added for the month. Forex traders can compare this to the NFP report of October which showed 271,000 jobs were added. The unemployment rate is predicted at a level of 5.0% and the labor force participation rate is predicted at a level of 62.4%. Forex traders can compare this to October were the unemployment rate was 5.0% and the labor force participation rate was at 62.4. Private payrolls...
This Friday, the attention of traders will again be focused on the report on the number of people employed in non-agricultural sector of the US economy (Nonfarm payrolls). Figures released last month surpassed all expectations - 271K, which not only strengthen the US currency but gave an additional confidence to supporters of increasing key rates by the US Federal Reserve. This time again, analysts do not predict the huge numbers of the indicator. Most inclined to believe that the figures point to the indicator mark of 180-200K. At the same...
Here are the key factors to keep in mind today for Euro trades: Eurozone PPI: The Eurozone PPI for October is predicted to decrease by 0.4% monthly and by 3.2% annualized. Forex traders can compare this to the Eurozone PPI for September which decreased by 0.3% monthly and by 3.1% annualized. Eurozone CPI and Eurozone Core CPI: The Eurozone CPI for November is predicted to increase by 0.2% annualized and the Eurozone Core CPI by 1.1% annualized. Forex traders can compare this to the Eurozone CPI for October which increased by 0.1%...
Here are the key factors to keep in mind today for Gold trades: Australian TD Securities Inflation: TD Securities Inflation for November rose by 0.1% monthly and by 1.8% annualized. Forex traders can compare this to TD Securities Inflation for October which was flat at 0.0% monthly and rose by 1.8% annualized. Japanese Industrial Production: Industrial Production for October rose by 1.4% monthly and decreased by 1.4% annualized. Economists predicted an increase of 1.8% monthly and a decrease of 0.9% annualized. Forex traders can compare...