EURGBP Fundamental Analysis – January 19th 2016

EURGBP Fundamental Analysis – January 19th 2016

Written by: PaxForex analytics dept - Tuesday, 19 January 2016 0 comments

Here are the key factors to keep in mind today for Euro trades:

  • German CPI: The final German CPI for December is predicted to decrease by 0.1% monthly and to increase by 0.3% annualized. Forex traders can compare this to the first German CPI for December which decreased by 0.1% monthly and increased by 0.3% annualized.
  • Eurozone CPI: The CPI for December is predicted at 0.0% monthly and an increase of 0.2% annualized. Forex traders can compare this to the CPI for November which decreased by 0.1% monthly and increased by 0.2% annualized. The core CPI is predicted to increase by 0.9% annualized. Forex traders can compare this to the CPI for November which increased by 0.9% annualized.
  • Eurozone and German ZEW Survey: The Eurozone Economic Sentiment Index for January is predicted at 32.0. Forex traders can compare this to the Eurozone Economic Sentiment Index for December which was reported at 33.9. The German Economic Sentiment Index for January is predicted at 7.9. Forex traders can compare this to the German Economic Sentiment Index for December which was reported at 16.1. The German Current Situation Index for January is predicted at 53.1. Forex traders can compare this to the German Current Situation Index for December which was reported at 55.0.

Here are the key factors to keep in mind today for British Pound trades:

  • UK CPI: The CPI for December is predicted at 0.0% monthly and an increase of 0.2% annualized. Forex traders can compare this to the CPI for November which was reported at by 0.0% monthly and increased by 0.1% annualized. The core CPI is predicted to increase by 1.2% annualized. Forex traders can compare this to the CPI for November which increased by 1.2% annualized.
  • UK PPI: The PPI for December is predicted to decrease by 0.2% monthly and by 1.2% annualized. Forex traders can compare this to the PPI for November which decreased by 0.2% monthly and by 1.5% annualized. The core PPI for December is predicted at 0.0% monthly and to decrease by 0.1% annualized. Forex traders can compare this to the core PPI for November which decreased by 0.2% monthly and by 0.1% annualized.
  • UK RPI: The RPI for December is predicted to increase by 0.2% monthly and by 1.1% annualized. Forex traders can compare this to the RPI for November which increase by 0.1% monthly and by 1.1% annualized.

Open your PaxForex Trading Account now and add this currency pair to your forex portfolio.