Here is the key factor to keep in mind today for Euro trades:
- German PPI: The German PPI for February is expected to decrease by 0.1% monthly and by 2.6% annualzied. Forex traders can compare this to the German PPI for January which decreased by 0.7% monthly and by 2.4% annualized.
Here are the key factors to keep in mind today for Canadian Dollar trades:
- Canadian Retail Sales: Canadian Retail Sales for January are predicted to rise by 0.6% monthly. Forex traders can compare this to Canadian Retail Sales for December which decreased by 2.2% monthly. Canadian Retail Sales Less Autos for January are predicted to increase by 0.4% monthly. Forex traders can compare this to Canadian Retail Sales Less Autos for January which decreased by 1.6%.
- Canadian CPI and Core CPI: The Canadian CPI for February is predicted to increase by 0.4% monthly and by 1.5% annualized. Forex traders can compare this to the Canadian CPI for January which increased by 0.2% monthly by 2.0% annualized. The Canadian Core CPI for February is predicted to increase by 0.5% monthly and by 2.0% annualized. Forex traders can compare this to the Canadian Core CPI for January which increased by 0.3% monthly by 2.0% annualized.
Open your PaxForex Trading Account now and add this currency pair to your forex portfolio.
