Here are the key factors to keep in mind today for US Dollar trades:
- US Retail Sales: Retail Sales are predicted to increase 0.3% in October. Forex traders can compare this to September Retail Sales which increased 0.1%. Retail Sales Less Autos are predicted to increase 0.4% in October. Forex traders can compare this to September Retail Sales Less Autos which decreased 0.3%. Retail Sales Less Autos and Gas are predicted to increase 0.4% in October. Forex traders can compare this to September Retail Sales Less Autos and Gas which were flat at 0.0%. Retail Sales in the Control Group are predicted to increase 0.3% in October. Forex traders can compare this to September Retail Sales in the Control Group which decreased 0.1%.
- US PPI: The PPI in October is predicted to increase 0.2% monthly and to decrease 1.2% annualized. Forex traders can compare this to the September PPI which decreased 0.5% monthly and 1.1% annualized. The core PPI in October is predicted to increase 0.1% monthly and to increase 0.5% annualized. Forex traders can compare this to the September PPI which decreased 0.3% monthly and increased 0.8% annualized. The PPI excluding Food, Energy and Trade is predicted to increase 0.1% monthly and to increase 0.5% annualized. Forex traders can compare this to the September PPI excluding Food, Energy and Trade which decreased 0.3% monthly and increased 0.5% annualized.
Here are the key factors to keep in mind today for Japanese Yen trades:
- Japanese Industrial Production: Industrial Production for September rose 1.1% monthly and decreased 0.8% yearly. Forex traders can compare this to the first released September data where Industrial Production rose 1.0% monthly and contracted 0.9% annualized. Capacity Utilization for September rose 1.5% monthly. Forex traders can compare this to the first released September data where Capacity Utilization contracted 0.9% monthly.
- Japanese Tertiary Industry Index: The Tertiary Industry Index for September decreased by 0.4% monthly. Economists predicted an increase of 0.1%. Forex traders can compare this to August where the Tertiary Industry Index was revised higher to an increase of 0.2%.
Open your PaxForex Trading Account now and add this currency pair to your forex portfolio.
