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we end the week with interesting events is the UK, Retail Sales, Prelim Mortgage Approvals and more. Let’s see what awaits us today.

In Canada, Retail Sales is about to reduce by 0.3% and the Core Retail Sales (excluding automobiles), it about to reduce by 0.3% as well. It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

For more on USD/CAD, read the  Canadian dollar forecast.

In Europe, German Ifo Business Climate. Survey of about 7,000 businesses which asks respondents to rate the relative level of current business conditions and expectations for the next 6 months. Is about to rise by 0.1 points. Can be an early signal of future economic activity.

Also in  Europe, Belgium NBB Business Climate, Survey of about 6,000 businesses which asks respondents to rate the relative level of current business conditions and expectations for the next 6 months; indicates improving conditions with 4.3 points.

For more on the Euro, read the  EUR/USD forecast

In Great Britain, Retail Sales, value of inflation-adjusted sales at the retail level; is about to reduce by 0.4%.

Read more about the Pound in the  GBP/USD forecast.

In Japan, All Industries Activity, total value of goods and services purchased by businesses is about to rise by 0.4%. It’s a leading indicator of economic health – businesses are quickly affected by market conditions, and changes in their spending can be an early signal of future economic activity such as hiring, earnings, and investment

That’s it for today. Happy forex trading!