Here are the key factors to keep in mind today for Euro trades:
- French GDP: The French GDP in the fourth-quarter increased by 0.2% quarter-over-quarter and by 1.3% year-over-year. Economists predicted an increase of 0.2% quarter-over-quarter and 1.2% 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.
- German Retail Sales: German Retail Sales for December decreased by 0.2% monthly and increased by 1.5% annualized. Economists predicted an increase of 0.4% monthly and 1.9% annualized. Forex traders can compare this to German Retail Sales for November which increase by 0.4% monthly and 2.4% annualized.
- Eurozone M3: Eurozone M3 for December increased by 4.7% annualized. Economists predicted an increase of 5.2% annualized. Forex traders can compare this to Eurozone M3 for November which increased by 5.1% annualized.
- Eurozone CPI and Eurozone Core CPI: The Eurozone CPI for January increased by 0.4% annualized. Economists predicted an increase of 0.4% annualized. Forex traders can compare this to the Eurozone CPI for December which increased by 0.2% annualized. The Eurozone Core CPI for January increased by 1.0% annualized. Economists predicted an increase of 0.9% annualized. Forex traders can compare this to the Eurozone Core CPI for December which increased by 0.9% annualized.
Here is the key factor to keep in mind today for US Dollar trades:
- US GDP: The US GDP for the fourth-quarter is predicted to increase by 0.8% annualized. Forex traders can compare this to the previous US GDP report which increased by 2.0% annualized. The Employment Cost Index for the fourth-quarter is predicted to increase by 0.6% annualized. Forex traders can compare this to the previous Employment Cost Index which increased by 0.6% annualized. Personal Consumption for the fourth-quarter is predicted to increase by 1.8% annualized. Forex traders can compare this to the previous Personal Consumption which increased by 3.0% 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 1.3% annualized.
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