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

• German Trade Balance, Current Account Balance, Exports and Imports: The German Trade Balance for January was reported at €13.6B. Economists predicted a figure of €17.0B. Forex Traders can compare this to the German Trade Balance for December which was reported at €19.0B. German Exports for January decreased by 0.5% monthly. Economists predicted an increase of 0.8% monthly. Forex Traders can compare this to German Exports for December which decreased by 0.7% monthly. German Imports for January increased by 1.2% monthly. Economists predicted an increase of 0.8% monthly. Forex Traders can compare this to German Imports for December which decreased by 1.6% monthly. The German Current Account Balance for January was reported at €13.2B. Economists predicted a figure of €17.0B. Forex Traders can compare this to the German Current Account for December which was reported at €26.3B.
• Eurozone Labor Costs: Eurozone Labor Costs for the fourth-quarter increased by 0.5% quarterly and by 2.1% annualized. Forex traders can compare this to Eurozone Labor Costs for the third-quarter which were reported at 0.0% quarterly and increased by 2.4% annualized.
• ECB Interest Rate Decision: The Interest Rate is expected at 0.05%. Forex traders can compare this to the current Interest Rate of 0.05%. The Deposit Facility Rate is expected at -0.40%. Forex traders can compare this to the current Deposit Facility Rate of -0.30%. The Marginal Lending Facility Rate is expected at 0.30%. Forex traders can compare this to the current Marginal Lending Facility Rate of 0.30%.

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

• US Initial Jobless Claims and Continuing Claims: US Initial Jobless Claims for the week of March 5th are predicted at 275K. Forex traders can compare this to US Initial Jobless Claims for the week of 27th which were reported at 278K. US Continuing Jobless Claims for the week of February 27th are predicted at 2252K. Forex traders can compare this to US Initial Continuing Claims for the week of 20th which were reported at 2257K.
• US Monthly Budget Statement: The US Monthly Budget Statement for February is predicted at -$200.0B. Forex traders can compare this to the US Monthly Budget Statement for January which was reported at -$192.4B.

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