Here are the key factors to keep in mind today for US Dollar trades:
- US Personal Income and Personal Spending: Personal income is expected to increase by 0.2% in September and personal spending is expected to increase by 0.2%. Forex traders can compare this to August where personal income rose 0.3% and personal spending rose by 0.4%.
- US NAPM Milwaukee: The NAPM Milwaukee for October is expected at 44.00. Forex traders can compare this to the NAPM Milwaukee for September which was at 39.44.
- US Chicago Purchasing Manager Index: The Chicago Purchasing Manager Index for October is expected at 49.4. Forex traders can compare this to the Chicago Purchasing Manager Index for September which was at 48.7.
- US University of Michigan Consumer Confidence Index: The University of Michigan Consumer Confidence Index for October is expected at 92.5. Forex traders can compare this to the University of Michigan Consumer Confidence Index for September which was at 92.1.
Here are the key factors to keep in mind today for Japanese Yen trades:
- Japanese Household Spending: Household Spending for September decrease by 0.4% annualized. Economists predicted an increase of 1.2%. Forex traders can compare this to August where Household Spending rose by 2.9%.
- Japanese CPI: The Japanese CPI for September was reported at 0.0% annualized. Economists predicted a level of 0.0%. Forex traders can compare this to August’s increase of 0.2%. The Japanese core CPI for September rose by 0.9% annualized. Economists predicted a rise of 0.9%. Forex traders can compare this to August’s increase of 0.8%. The Japanese CPI excluding fresh food for September contracted by 0.1% annualized. Economists predicted a contraction of 0.2%. Forex traders can compare this to August’s contraction of 0.1%.
- Japanese Housing Starts: Housing starts for September rose by 2.6% annualized to 0.900 million. Economists predicted an increase of 5.8% to 0.936 million. Forex traders can compare this to August’s increase of 8.8% to 0.931 million.
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