Here are the key factors to keep in mind today for Australian Dollar trades:
- Australian Building Approvals: Australian Building Approvals for April increased by 3.0% monthly and by 0.7% annualized. Economists predicted a decrease of 3.0% monthly and of 6.7% annualized. Forex traders can compare this to Australian Building Approvals for March which increased by 2.9% monthly and decreased by 5.4% annualized.
- Australian Private Sector Credit: Australian Private Sector Credit for April increased by 0.5% monthly and by 6.7% annualized. Economists predicted an increase of 0.5% monthly and of 6.5% annualized. Forex traders can compare this to Australian Private Sector Credit for March which increased by 0.4% monthly and by 6.4% annualized.
Here are the key factors to keep in mind today for US Dollar trades:
- US Personal Income and Personal Spending: US Personal Income for April is predicted to increase by 0.4% monthly and Personal Spending is expected to increase by 0.7% monthly. Forex traders can compare this to Personal Income for March which increased by 0.4% monthly and Personal Spending which increased by 0.1% monthly. The PCE Deflator for April is predicted to increase by 0.3% monthly and by 1.1% annualized. Forex traders can compare this to the PCE Deflator for March which increased by 0.1% monthly and by 0.8% annualized. The PCE Core Deflator for April is expected to increase by 0.2% monthly and by 1.6% annualized. Forex traders can compare this to the PCE Core Deflator for March which increased by 0.1% monthly and by 1.6% annualized.
- US Chicago PMI: The US Chicago PMI for May is predicted at 50.5. Forex traders can compare this to the US Chicago PMI for April which was reported at 50.4.
- US Consumer Confidence: The US Consumer Confidence for May is predicted at 96.3. Forex traders can compare this to Consumer Confidence for April which was reported at 94.2.
- US Dallas Fed Manufacturing Index: The US Dallas Fed Manufacturing Index for May is predicted at -8.0. Forex traders can compare this to the US Dallas Fed Manufacturing Index for April which was reported at -13.9.
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