Here are the key factors to keep in mind today for British Pound trades:
- UK CPI: The UK CPI for January is predicted to decrease by 0.7% monthly and to increase by 0.3% annualized. Forex traders can compare this to the UK CPI for December which increased by 0.1% monthly and by 0.2% annualized. The Core CPI predicted to increase by 1.3% annualized. Forex traders can compare this to the Core CPI for December which increased by 1.4% annualized.
- UK RPI: The UK RPI for January is predicted to decrease by 0.6% monthly and to increase by 1.4% annualized. Forex traders can compare this to the UK RPI for December which increased by 0.3% monthly and by 1.2% annualized. The RPI excluding mortgage interest payments is predicted to increase by 1.4% annualized. Forex traders can compare this to the RPI excluding mortgage interest payments for December which increased by 1.3% annualized.
- UK PPI Input, UK PPI Output and UK Core PPI Output: The UK PPI Input for January is predicted to decrease by 1.2% monthly and by 8.6% annualized. Forex traders can compare this to the UK PPI Input for December which decreased by 0.8% monthly and by 10.8% annualized. The UK PPI Output for January is predicted to decrease by 0.2% monthly and by 0.9% annualized. Forex traders can compare this to the UK PPI Output for December which decreased by 0.2% monthly and by 1.2% annualized. The UK Core PPI Output for January is predicted to increase by 0.1% monthly and to come in at 0.0% annualized. Forex traders can compare this to the UK Core PPI Output for December which increased by 0.2% monthly and by 0.1% annualized.
Here are the key factors to keep in mind today for US Dollar trades:
- US Empire Manufacturing Index: The US Empire Manufacturing Index for February is predicted at -10.50. Forex traders can compare this to the US Empire Manufacturing Index for January which was reported at -19.37.
- US NAHB Housing Market Index: The US NAHB Housing Market Index for February is predicted at 60. Forex traders can compare this to the US NAHB Housing Market Index for January which was reported at 60.
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