Forex trading is extremely light today, as the holiday of Easter is celebrated. Still, Good Friday features a few indicators.
French Industrial Production is an important figure for the Euro. It’s expected to drop by 1.1%, less than last month’s fall of 3.1%.
Also in France, CPI is expected to rise by 0.3%. The French Government Budget Balance is also published today.
Near the end of this thin trading day, Federal Budget Balance is expected to show a deficit of -156.3B, less than last month’s -192.8B. With all the American spending (see Top Dollar Downers), I would expect the budget deficit to be much deeper.
In such thin trading, forex trading may be risky, due to abnormal spikes. If you’re on holiday, enjoy it today…