Bad News from Britain dominates today’s trading session. Other than that, German CPI and American Spending data will also gather attention. Let’s see what’s up. German Import Prices fell by 0.5%, more than 0.4% that was expected. The Prelim CPI in Germany will be released by the German states. Industrial New Orders in Europe are expected to fall by 5.7%. This will exceed last month’s fall of 5.2% and will be bad for Europe. British Current Account showed a deficit of 7.6 billion, much more than 5.8 that was expected. Maybe this figure will b ring GBP/USD down. Final GDP in Britain fell by 1.6%, more than 1.5% that was previously thought. Despite being a late figure, this is another weight on the British Pound. BOE Chief Economist Spencer Dale might will speak soon, and might shed some light on the state British economy. Later, BOE Deputy Governor Paul Tucker will also speak. In Switzerland, KOF Economic Barometer is expected to fall by 1.55 points. USD/CHF is quite strong. In America, Core PCE Price Index is expected to rise by 0.1%. Personal Spending is expected to rise by 0.2%, while Personal Income to drop by 0.1%. The end of the day will feature the Revised UoM Consumer Sentiment. The University of Michigan isn’t expected to surprise us – a revision from 56.6 to 56.7 is expected. That’s it. Happy Forex Trading! 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 Top 5 Dollar Downers Yohay Elam 14 years Bad News from Britain dominates today's trading session. Other than that, German CPI and American Spending data will also gather attention. Let's see what's up. German Import Prices fell by 0.5%, more than 0.4% that was expected. The Prelim CPI in Germany will be released by the German states. Industrial New Orders in Europe are expected to fall by 5.7%. This will exceed last month's fall of 5.2% and will be bad for Europe. British Current Account showed a deficit of 7.6 billion, much more than 5.8 that was expected. Maybe this figure will b ring GBP/USD down. Final… 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.
