The final day of the week is all about the major pair EUR/USD – lots of figures will be pouring out of these two regions and will determine the direction of pair towards the close of the week. Let’s see what’s up for today. European figures Europe’s GDP number will take the attention in the morning. Germany’s Prelim GDP is the first and most important release. After a rise of 0.7% last quarter, the economy is expected to grow by only 0.2% this time. A small miss – and there’s no growth. This figure will sure shake the Euro. Later, Italian and French will be released and are expected to show more growth. This will be followed by the Flash GDP for the whole continent, which is predicted to show a rise of 0.4% – like the previous quarter. There’s more in Europe – French Prelim Non-Farm Payrolls are predicted to show another quarter of job losses – a squeeze of 0.2% is expected to follow last quarter’s 0.6% dive. Finally, Industrial Production is predicted to rise by 0.3%, less than last quarter’s 1% rise. EUR/USD is quite shaky. For some technical levels of this pair, check out Casey’s Stubbs’ latest analysis. Also note the state of EUR/GBP – that has seen strong moves lately. American figures – some delayed from yesterday Moving to the US, the schedule is busy there as well: Retail Sales are predicted to rise by 0.4%, after dropping by 0.3% last time. Core Retail Sales are predicted to rise in the same scale, following a 0.2% drop last time. The dollar will shake then, and will later receive another major figure: The initial release of the Consumer Sentiment by the University of Michigan is predicted to edge up from 74.4 to 74.8 – this directly affects consumer spending – retail sales. Also in the US: Business Inventories are predicted to continue rising modestly. Also the Federal Budget Balance might be finally released. That’s it for today. Happy forex trading! Want to see what other traders are doing in real accounts? Check out Currensee. It’s free. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Daily Look share Read Next Forex book review: Making Sense of the Dollar Yohay Elam 13 years The final day of the week is all about the major pair EUR/USD - lots of figures will be pouring out of these two regions and will determine the direction of pair towards the close of the week. Let's see what's up for today. European figures Europe's GDP number will take the attention in the morning. Germany's Prelim GDP is the first and most important release. After a rise of 0.7% last quarter, the economy is expected to grow by only 0.2% this time. A small miss - and there's no growth. This figure will sure shake the Euro. Later,… 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.