Here are the key factors to keep in mind today for British Pound trades:
- UK Retail Sales: UK Retail Sales for January increased by 2.3% monthly and by 5.2% annualized. Economists predicted an increase of 0.7% monthly and 3.4% annualized. Forex traders can compare this to UK Retail Sales for December which decreased by 1.3% monthly and increased by 1.8% annualized. UK Retail Sales Including Auto Sales and Fuel Sales for January increased by 2.3% monthly and by 5.2% annualized. Economists predicted an increase of 0.8% monthly and 3.6% annualized. Forex traders can compare this to UK Retail Sales Including Auto Sales and Fuel Sales for December which decreased by 1.4% monthly and increased by 2.3% annualized.
- UK Public Sector Net Borrowing: UK Public Sector Net Borrowing for January was reported at £11.8 billion. Economists predicted £13.9 billion. Forex traders can compare this to UK Public Sector Net Borrowing for December which was reported at £7.5 billion. UK Public Sector Net Borrowing Excluding Banking Groups for January was reported at £11.2 billion. Economists predicted £12.3 billion. Forex traders can compare this to UK Public Sector Net Borrowing Excluding Banking Groups for December which was reported at £8.1 billion. UK Public Finances for January were reported at -£24.9 billion. Forex traders can compare this to UK Public Finances for December which was reported at £8.5 billion. UK Public Finances Central Government for January were reported at -£20.2 billion. Forex traders can compare this to UK Public Finances Central Government for December which was reported at £20.5 billion.
Here are the key factors to keep in mind today for Canadian Dollar trades:
- Canadian Retail Sales: Canadian Retail Sales for January are predicted to decrease by 0.8% monthly. Forex traders can compare this to Canadian Retail Sales for December which increased by 1.7% monthly. Canadian Retail Sales Less Auto Sales for January are predicted to decrease by 0.6% monthly. Forex traders can compare this to Canadian Retail Sales Less Auto Sales for December which increased by 1.1% monthly.
- Canadian CPI: The Canadian CPI for January is predicted to decrease by 0.1% monthly and to increase by 1.7% annualized. Forex traders can compare this to the Canadian CPI for December which decreased by 0.5% monthly and increased by 1.6% annualized. Canadian Core CPI for January is predicted to increase by 0.2% monthly and by 1.9% annualized. Forex traders can compare this to the Canadian Core CPI for December which decreased by 0.4% monthly and increased by 1.9% annualized.
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