Awaiting for French Elections this weekend! Today’s Market Movers are…

April 20, 2017

Here are the important Economic News of the day.

Awaiting for French Elections this weekend! Today’s Market Movers are…

This article is originally referred from FXPrimus News

Today’s Important Indicators

Today we are expecting fresh releases for the Philly Fed Manufacturing Index, US weekly jobless claims, and a speech from Bank of England’s Governor Carney. As such, the cable will remain at the mercy of those releases.

The EUR is expected to stabilize as most traders are standing on the sidelines watching the long – awaited French Elections this weekend.

Find out more about how the French Elections will affect your trading strategy here.

Today’s Forecast for Important Trading Indicators

Time in GMT Country Indicator Expected Previous
 13:30 US Philly Fed Manufacturing Index 25.6 32.8
 13:30 US Weekly Jobless Claims 241k 234k
 16:30 UK BOE Gov Carney Speaks

Market Movers

  1. The cable extended gain this morning and regained the 1.2800 handle as Europe prepared to open.
  2. The Oil recovery, USD selling and the news from Britain all are contributing towards more interest in the British Pound.
  3. The Kiwi strengthened across other currencies after a strong CPI registered at 1% above expectations (0.8%) in Quarter 1.

FXPrimus Official website

Original Source: FXPrimus News

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