The month of October ends with many economic indicators around the world, with Canadian GDP standing out. Let’s see what’s on the menu today. In Britain, GfK Consumer Confidence rose to -13, better than expected but still in the negative zone. Nationwide HPI rose only by 0.4%, less than expectations. GBP/USD now trades at 1.6550. For more on the British Pound, read the GBP/USD Forecast. In Australia, Private Sector Credit fell by 0.2%. AUD/USD now trades at 0.9111, falling from higher levels. In a second rate decision in two weeks, Japan’s BOJ didn’t surprise and left the interest rate unchanged at 0.1%. Â Relatively optimistic comments in the Monetary Policy Statement helped the Yen make some gains. German Retail Sales disappointed – they fell by 0.5%. Expectations were for a rise of 0.7%. Later in Europe, CPI Flash Estimate is expected to drop by 0.1% (annualized), showing that deflation is still here. European unemployment rate is expected to edge up once again, reaching 9.7%. This is a key indicator for the ECB, and will impact the rate decision next week. EUR/USD lost some of its gains, and is now trading at 1.4823. It’s capped under the 1.4842 resistance line, after dropping under it earlier this week. For more on the Euro, read the EUR/USD Forecast. In Switzerland, the KOF Economic Barometer is predicted to make a big rise up to 1.19. USD/CHF is now at 1.0187. Canadian GDP is expected to rise by 0.1% in the month of August, but could be higher. Read the Canadian GDP Preview for more details. In the US, Employment Cost Index is expected to rise by 0.4% (quarterly), Core PCE Price Index is predicted to rise by 0.2% and Personal Spending is expected to fall by 0.4%. Near the end of the day, Chicago PMI is expected to edge up to 48.8 points, still under the important 50 point mark. Revised UoM Consumer Sentiment is predicted to rise up to 70.1 points. All these figures are of smaller importance. That’s it for today. 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 Other Forex Stuff share Read Next Dollar Wins the week big time – Are the tables turning? Yohay Elam 13 years The month of October ends with many economic indicators around the world, with Canadian GDP standing out. Let's see what's on the menu today. In Britain, GfK Consumer Confidence rose to -13, better than expected but still in the negative zone. Nationwide HPI rose only by 0.4%, less than expectations. GBP/USD now trades at 1.6550. For more on the British Pound, read the GBP/USD Forecast. In Australia, Private Sector Credit fell by 0.2%. AUD/USD now trades at 0.9111, falling from higher levels. In a second rate decision in two weeks, Japan's BOJ didn't surprise and left the interest rate unchanged… Top 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.