Here are the key factors to keep in mind today for British Pound trades:
- UK Retail Sales: UK Retail Sales for February are expected to decrease by 1.0% monthly and to increase by 3.4% annualized. Forex traders can compare this to UK Retail Sales for January which increased by 2.3% monthly and by 5.0% annualized. UK Retail Sales including Auto and Fuel for February are expected to decrease by 1.0% monthly and to increase by 3.5% annualized. Forex traders can compare this to UK Retail Sales including Auto and Fuel for January which increased by 2.3% monthly and by 5.2% annualized.
- UK CBI Retailing Reported Sales: UK CBI Retailing Reported Sales for March are expected at 15. Forex traders can compare this to UK CBI Retailing Reported Sales for February which were reported at 10.
Here are the key factors to keep in mind today for US Dollar trades:
- US Initial Jobless Claims and Continuing Jobless Claims: US Initial Jobless Claims for the week of March 19th are expected at 268K. Forex traders can compare this to US Initial Jobless Claims for the week of March 12th which were reported at 265K. Continuing Jobless Claims for the week of March 12th are expected at 2,230K. Forex traders can compare this to Continuing Jobless Claims for the week of March 5th which were reported at 2,235K.
- US Durable Goods Orders: US Durable Goods Orders for February are expected to decrease by 3.0% monthly. Forex traders can compare this to US Durable Goods Orders for January which increased by 4.7% monthly. US Durable Goods Orders excluding Transportation for February are expected to decrease by 0.3% monthly. Forex traders can compare this to US Durable Goods Orders excluding Transportation for January which increased by 1.7% monthly. US Capital Goods Orders Non-Defense Excluding Air for February are expected to decrease by 0.6% monthly. Forex traders can compare this to US Capital Goods Orders Non-Defense Excluding Air for January which increased by 3.4% monthly. US Capital Goods Shipments Non-Defense Excluding Air for February are expected to decrease by 0.4% monthly. Forex traders can compare this to US Capital Goods Shipments Non-Defense Excluding Air for January which decreased by 0.4% monthly.
- US Preliminary Markit Manufacturing PMI: The US Preliminary Markit Manufacturing PMI for March is expected at 51.5. Forex traders can compare this to the first US Markit Manufacturing PMI of 51.3.
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