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EUR/USD Daily Forecast – 14 September

Wednesday, Sep 13 2017
EUR/USD Daily Forecast – 14 September

Yesterday's session brought Eurozone Industrial Production figures. In July 2017 compared with June 2017, seasonally adjusted industrial production rose by 0.1% in the euro area (EA19), while it decreased by 0.3% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In June 2017, industrial production fell by 0.6% in both zones. In July 2017 compared with July 2016, industrial production increased by 3.2% in the euro area and by 3.1% in the EU28.

In the US session PPI data was published. The Producer Price Index for final demand advanced 0.2 percent in August, seasonally adjusted. The index for final demand less foods, energy, and trade services increased 0.2 percent in August following no change in July. For the 12 months ended in August, prices for final demand less foods, energy, and trade services rose 1.9 percent.

 

There will be no major data releases from Eurozone tomorrow. In the US session CPI and Unemployment Claims figures will be released. CPI is expected to grow by 0.3%, while Unemployment Claims should rise to 303,000.

 

Figures to watch:

 

CPI (Thursday 14:30)

Unemployment Claims (Thursday 14:30)

More in this category: « GBP/USD Daily Forecast – 14 September AUD/USD Daily Forecast – 15 September »

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