Here is the key factor to keep in mind today for US Dollar trades:
 

• US Existing Home Sales: US Existing Home Sales for April are predicted to increase by 1.3% monthly to 5.40M. Forex traders can compare this to US Existing Home Sales for March which increased by 5.1% monthly to 5.33M.

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

• Canadian Retail Sales: Canadian Retail Sales for March are predicted to decrease by 0.6% monthly. Forex traders can compare this to Canadian Retail Sales for February which increased by 0.4% monthly. Canadian Retail Sales Less Autos for March are predicted to decrease by 0.4% monthly. Forex traders can compare this to Canadian Retail Sales Less Autos for February which increased by 0.2% monthly.
• Canadian CPI and Core CPI: The Canadian CPI for April is predicted to increase by 0.4% monthly and by 1.7% annualized. Forex traders can compare this to the Canadian CPI for March which increased by 0.6% monthly by 1.3% annualized. The Canadian Core CPI for April is predicted to increase by 0.1% monthly and by 2.0% annualized. Forex traders can compare this to the Canadian Core CPI for March which increased by 0.7% monthly by 2.1% annualized. The Canadian Seasonally Adjusted CPI for April is predicted to increase by 0.2% monthly and the Canadian Seasonally Adjusted Core CPI by 0.1% monthly. Forex traders can compare this to the Canadian Seasonally Adjusted CPI for March which increased by 0.2% monthly and to the Canadian Seasonally Adjusted Core CPI which increased by 0.3% monthly.

Open your PaxForex Trading Account now and add this currency pair to your forex portfolio.