Here are the key factors to keep in mind today for Euro trades:
- French PMI: The French Manufacturing PMI for January is predicted at 51.3. Forex traders can compare this to the French Manufacturing PMI for December which was reported at 51.4. The French Services PMI for January is predicted at 50.2. Forex traders can compare this to the French Services PMI for December which was reported at 49.8. The French Composite PMI for January is predicted at 50.7. Forex traders can compare this to the French Composite PMI for December which was reported at 50.1.
- German PMI: The German Manufacturing PMI for January is predicted at 53.0. Forex traders can compare this to the German Manufacturing PMI for December which was reported at 53.2. The German Services PMI for January is predicted at 55.5. Forex traders can compare this to the German Services PMI for December which was reported at 56.0. The German Composite PMI for January is predicted at 55.1. Forex traders can compare this to the German Composite PMI for December which was reported at 55.5.
- Eurozone PMI: The Eurozone Manufacturing PMI for January is predicted at 53.0. Forex traders can compare this to the Eurozone Manufacturing PMI for December which was reported at 53.2. The Eurozone Services PMI for January is predicted at 54.1. Forex traders can compare this to the Eurozone Services PMI for December which was reported at 54.2. The Eurozone Composite PMI for January is predicted at 54.1. Forex traders can compare this to the Eurozone Composite PMI for December which was reported at 54.3.
Here are the key factors to keep in mind today for Canadian Dollar trades:
- Canadian Retail Sales: Canadian Retail Sales are predicted to rise by 0.3% in November monthly. Forex traders can compare this to October Canadian Retail Sales which increased by 0.1% monthly. Canadian Retail Sales Less Autos are predicted to increase by 0.4% in November monthly. Forex traders can compare this to October Canadian Retail Sales Less Autos which were flat at 0.0%.
- Canadian CPI: The Canadian CPI for December is predicted to decrease by 0.3% monthly and to increase by 1.7% annualized. Forex traders can compare this to the Canadian CPI for November which decreased by 0.1% monthly and increased by 1.4% annualized. The Canadian core CPI for December is predicted to decrease by 0.3% monthly and to increase by 2.0% annualized. Forex traders can compare this to the Canadian core CPI for November which decreased by 0.3% monthly and increased by 2.0% annualized.
Open your PaxForex Trading Account now and add this currency pair to your forex portfolio.
