German Prelim CPI in Europe and KOF Economic Barometer in Switzerland are only some of the events for today .Let’s see what awaits us. In Europe, German Prelim Consumer Price Index (CPI) of goods and services purchased by consumers is about to rise by 0.8%.Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate. Also in Europe, M3 Money Supply, total quantity of domestic currency in circulation and deposited in banks is about to rise by 0.6%. It’s positively correlated with interest rates. Finally in Europe, Private Loans, new loans issued to consumers and businesses in the private sector is about to rise by 0.52%. Borrowing and spending are positively correlated For more on the Euro, read the EUR/USD forecast. In Great Britain, Housing Equity Withdrawal, new home-secured loans that are not used for home purchases or improvements; is about to rise by 0.7B. Released quarterly. Read more about the Pound in the GBP/USD forecast. In Switzerland, KOF Economic Barometer, index based on 12 economic indicators. This index is designed to predict the direction of the economy over the following 6 months and it is about to be 2.08 points. In Japan, Manufacturing Purchasing Managers’ Index (PMI); Survey of about 300 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories indicates contraction with 47.3 points. That’s it for today. Happy forex trading! Anat Dror Anat Dror Anat Dror Senior Writer I conceptualize, design and create multi-lingual websites. Apart from the technical work, my projects usually consist of writing content for these sites in English, French and Hebrew. In the past, I have built, managed and marketed an e-learning center for language studies, including moderating a live community of students. I've also worked as a community organizer Anat's Google Profile View All Post By Anat Dror Daily Look share Read Next EUR/USD Dec. 29 – Returns to Range After Wild Ride Yohay Elam 12 years German Prelim CPI in Europe and KOF Economic Barometer in Switzerland are only some of the events for today .Let's see what awaits us. In Europe, German Prelim Consumer Price Index (CPI) of goods and services purchased by consumers is about to rise by 0.8%.Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate. Also in Europe, M3 Money Supply, total quantity of domestic currency in circulation and deposited in banks is about to rise by 0.6%. It's positively correlated with interest rates. Finally in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.