Here are the key factors to keep in mind today for US Dollar trades: US GDP: The Advanced US GDP for the third-quarter is predicted to increase by 3.5% annualized. Forex traders can compare this to the previous third-quarter GDP which increased by 3.5% annualized. Personal Consumption for the third-quarter is predicted to increase by 3.6% annualized. Forex traders can compare this to previous third-quarter Personal Consumption which increased by 3.6% annualized. The GDP Price Index for the third-quarter is predicted to increase by 1.7%...
Here are the key factors to keep in mind today for British Pound trades: UK Retail Sales: UK Retail Sales for November are predicted to increase by 0.3% monthly and by 2.0% annualized. Forex traders can compare this to UK Retail Sales for October which decreased by 0.5% monthly and which increased by 2.2% annualized. UK Retail Sales Including Auto and Fuel for November are predicted to increase by 0.2% monthly and by 2.3% annualized. Forex traders can compare this to UK Retail Sales Including Auto and Fuel for October which decreased by 0.4...
US President Donald Trump yesterday made an attempt to exert pressure on the national regulator, which began its two-day meeting, urging the Fed's governing council not to “make another mistake” in anticipation of the expected increase in interest rates. This factor has increased the nervousness of investors and the pressure on the US currency. The Federal Open Market Council is expected to raise interest rates for the 4th time this year, following its two-day meeting. The Fed, which has been increasing rates since December 2015 - each time...
Here are the key factors to keep in mind today for British Pound trades: UK CPI: The UK CPI for November is predicted to increase by 0.2% monthly and by 2.3% annualized. Forex traders can compare this to the UK CPI for October which increased by 0.1% monthly and by 2.4% annualized. The Core CPI for November is predicted to increase by 1.8% annualized and the CPI Including Housing Costs is predicted to increase by 2.1% annualized. Forex traders can compare this to Core CPI for October which increased by 1.9% annualized and to the CPI...
Here are the key factors to keep in mind today for New Zealand Dollar trades: New Zealand ANZ Activity Outlook and ANZ Business Confidence: The New Zealand ANZ Activity Outlook for December was reported at 13.6 and ANZ Business Confidence was reported at -24.1. Forex traders can compare this to the New Zealand ANZ Activity Outlook for November which was reported at 7.6 and to ANZ Business Confidence which was reported at -37.1. New Zealand Non Resident Bond Holdings: New Zealand Non Resident Bond Holdings for November were reported at 56.2...
