wrapper

EUR/USD Daily Forecast - 14 March

Tuesday, Mar 13 2018
EUR/USD Daily Forecast - 14 March

From Eurozone, yesterday, French payroll employment figures were released. In Q4 2017, net payroll job creation reached 72,700, that is an increase of +0.3% after an increase of +0.2% in the previous quarter. Payroll employment increased by 82,300 in the private sector while it decreased by 9,600 in the public sector because of the decline in the number of subsidised employment contracts. Year on year, it rose by 268,800 net jobs (+1.1%): 277,700 jobs were created in the private sector and 8,900 jobs were destroyed in the public service.

In the US session CPI data was published. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in February on a seasonally adjusted basis after rising 0.5 percent in January, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months,nthe all items index rose 2.2 percent before seasonal adjustment. The indexes for shelter, apparel, and motor vehicle insurance all rose and contributed to the 1-month seasonally adjusted increase in the all items index. The food index was unchanged in February, as a decline in the index for food at home offset an increase in the food away from home index.

 

There will be no major data releases from Eurozone tomorrow. In the US session Retail Sales and PPI figures will be released. Analysts predict 0.1% increase in PPI and 0.3% growth in Retail Sales.

 

Figures to watch:

 

PPI (Wednesday 14:30)

Retail Sales (Wednesday 14:30)

More in this category: « GBP/USD Daily Forecast - 14 March AUD/USD Daily Forecast - 15 March »

Latest from Editor

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.