Here are the key factors to keep in mind today for Euro trades: German Import Price Index: The German Import Price Index for April increased by 0.3% monthly and by 1.4% annualized. Economists predicted an increase of 0.5% monthly and of 1.6% annualized. Forex traders can compare this to the German Import Price Index for March which was reported flat at 0.0% monthly and which increased by 1.7% annualized. German GfK Consumer Confidence Survey: The German GfK Consumer Confidence Survey for June was reported at 10.1. Economists predicted a...
This morning, the EURUSD pair was noted at the maximum value from the middle of this month - 1.1214. This reaction is due to the defeat of the populist and far-right parties in the past elections to the European Parliament, contrary to forecasts. According to the results of the elections, 80 percent of the seats in Bruxelles is left to the pro-European parties, which will support the single European currency. However, it is worth noting that in countries where the ruling governments pursue a rather conservative policy, the right-wing parties...
Here is the key factor to keep in mind today for Swiss Franc trades: Swiss Total Sight Deposits and Swiss Domestic Sight Deposits: Swiss Total Sight Deposits for the week of May 24th were predicted at CHF580.1B and Swiss Domestic Sight Deposits are predicted at CHF489.5B. Forex traders can compare this to Swiss Total Sight Deposits for the week of May 17th which were reported at CHF578.3B and to Swiss Domestic Sight Deposits which were reported at CHF487.2B. Here are the key factors to keep in mind today for Japanese Yen trades:...
Here are the key factors to keep in mind today for British Pound trades: UK Retail Sales: UK Retail Sales for April are predicted to decrease by 0.5% monthly and to increase by 4.3% annualized. Forex traders can compare this to UK Retail Sales for March which increased by 1.2% monthly and by 6.2% annualized. UK Retail Sales Including Auto and Fuel for April are predicted to decrease by 0.4% monthly and to increase by 4.5% annualized. Forex traders can compare this to UK Retail Sales Including Auto and Fuel for March which increased by 1.1%...
Here is the key factor to keep in mind today for New Zealand Dollar trades: New Zealand Trade Balance: The New Zealand Trade Balance for April was reported at NZ$433M monthly and at -NZ$5,479M 12-month year-to-date. Economists predicted a figure of NZ$450M and of -NZ$5,465M. Forex traders can compare this to the New Zealand Trade Balance for March which was reported at NZ$824M monthly and at -NZ$5,713M 12-month year-to-date. Exports for April were reported at NZ$5.55B and Imports were reported at NZ$5.11B. Economists predicted a figure of...
