Here are the key factors to keep in mind today for Euro trades:
- French GDP: The French GDP in the fourth-quarter is predicted to increase by 0.2% quarter-over-quarter and by 1.3% year-over-year. Forex traders can compare this to the previous French GDP report which increased by 0.2% quarter-over-quarter and by 1.3% year-over-year.
- Eurozone Confidence Report: Eurozone Economic Confidence for February is predicted at 104.4. Forex traders can compare this to Eurozone Economic Confidence for January which was reported at 105.0. The Eurozone Business Climate Indicator for February is predicted at 0.27. Forex traders can compare this to the Eurozone Business Climate Indicator for January which was reported at 0.29. Eurozone Industrial Confidence for February is predicted at -3.6. Forex traders can compare this to Eurozone Industrial Confidence for January which was reported at -3.2. Eurozone Services Confidence for February is predicted at 11.4. Forex traders can compare this to Eurozone Services Confidence for January which was reported at 11.6. Eurozone Consumer Confidence for February is predicted at -6.7. Forex traders can compare this to Eurozone Consumer Confidence for January which was reported at -8.8.
Here are the key factors to keep in mind today for US Dollar trades:
- US GDP: The US GDP for the fourth-quarter is predicted to increase by 0.4% annualized. Forex traders can compare this to the previous US GDP report which increased by 0.7% annualized. Personal Consumption for the fourth-quarter is predicted to increase by 2.2% annualized. Forex traders can compare this to the previous Personal Consumption which increased by 2.2% annualized. The US GDP Price Index for the fourth-quarter is predicted to increase by 0.8% annualized. Forex traders can compare this to the previous US GDP Price Index which increased by 0.8% annualized. US GDP Core Personal Consumption Expenditure predicted to increase by 1.2% annualized. Forex traders can compare this to the previous US GDP Core Personal Consumption Expenditure which increased by 1.2% annualized.
- US Personal Income and Personal Spending: US Personal Income for January is predicted to increase by 0.4%. Forex traders can compare this to US Personal Income for December which increased by 0.3%. US Personal Spending for January is predicted to increase by 0.3%. Forex traders can compare this to US Personal Spending for December which was reported at 0.0%.
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