Here are the key factors to keep in mind today for US Dollar trades:
- US Personal Income and Personal Spending: Personal Income is predicted to rise by 0.4% in October and Personal Income is predicted to rise by 0.3%. Forex traders can compare this to September where Personal Income rose by 0.1% and Personal Income rose by 0.1%.
- US Durable Goods Orders: Durable Goods Orders are predicted to rise by 1.5% in October and Durable Goods Orders Excluding Transportation are predicted to rise by 0.4%. Forex traders can compare this to September where Durable Goods Orders fell by 1.2% and Durable Goods Orders Excluding Transportation fell by 0.3%.
- US Initial Jobless Claims and Continuing Claims: Initial Jobless Claims are predicted at 271K for November 21st and Continuing Claims are predicted at 2,140K for November 14th. Forex traders can compare this to Initial Jobless Claims of 271K for November 14th and Continuing Claims of 2,175K for November 7th.
- US New Home Sales: New Home Sales for October are predicted to rise by 6.8% to 500K. Forex traders can compare this to New Home Sales for September which fell by 11.5% to 468K.
Here are the key factors to keep in mind today for Japanese Yen trades:
- Japanese Services PPI: The Services PPI for October rose by 0.5% annualized. Economists predicted a rise of 0.6%. Forex traders can compare this to the Services PPI for September which rose by 0.5% after the downward revision.
- Japanese Small Business Confidence Index: The Small Business Confidence Index for November was reported at 49.9. Forex traders can compare this to the Small Business Confidence Index for October which was reported at 48.7.
- Japanese Leading Index and Coincident Index: The Japanese Leading Index for September was reported at 101.6 and the Japanese Coincident Index was reported at 112.3. This was the final revision for the month. Forex traders can compare this to the Japanese Leading Index of 101.4and the Japanese Coincident Index of 111.9 which was released in the previous report.
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