Here is the key factor to keep in mind today for Euro trades:
- Eurozone Confidence Report: Eurozone Economic Confidence for November was reported at 106.1. Economists predicted a number of 105.9. Forex traders can compare this to Eurozone Economic Confidence for October which was reported at 106.1. The Eurozone Business Climate Indicator for November was reported at 0.36. Economists predicted a number of 0.45. Forex traders can compare this to Eurozone Business Climate Indicator for October which was reported at 0.44. Eurozone Industrial Confidence for November was reported at -3.2. Economists predicted a number of -2.0. Forex traders can compare this to Eurozone Economic Confidence for October which was reported at -2.0. Eurozone Services Confidence for November was reported at 12.8. Economists predicted a number of 12.0. Forex traders can compare this to Eurozone Services Confidence for October which was reported at 12.3. Eurozone Consumer Confidence for November was reported at -6.0. Economists predicted a number of -6.0. Forex traders can compare this to Eurozone Consumer Confidence for October which was reported at -6.0.
Here is the key factor to keep in mind today for British Pound trades:
- UK GDP: UK third-quarter GDP rose 0.5% quarterly and 2.3% annualized. Economists predicted the revision to show a level of 0.5% quarterly and 2.3% annualized. Forex traders can compare this to first report which showed an increase of 0.5% quarterly and 2.3% annualized. Private Consumption rose 0.8%. Economists predicted a rise of 0.7%. Forex traders can compare this to the first report which showed Private Consumption rising of 0.8%. Government Spending rose 1.3%. Economists predicted a rise of 0.1%. Forex traders can compare this to the first report which showed Government Spending rising 0.4%. Gross Fixed Capital Formation rose 1.3%. Economists predicted a rise of 0.9%. Forex traders can compare this to the first report which showed Gross Fixed Capital Formation rising 0.9%. Total Business Investment rose 2.2%. Economists predicted a rise of 0.8%. Forex traders can compare this to the first report which showed Total Business Investment rising 1.6%. Exports rose 0.9% and Imports rose 5.5%. Economists predicted an increase of 0.9% and 3.5%. Forex traders can compare this to the first report which showed Exports rising 3.9% and Imports rising 0.6%.
Open your PaxForex Trading Account now and add this currency pair to your forex portfolio.
