FX & CFD trading involves significant risk
EUR/USD: on Asian session the pair grows.
GBP/USD: on Asian session the pair is restored.
USD/JPY: on Asian session the pair showed a new week’s high, but has lost the positions later.
On Tuesday at 0930GMT, UK data sees the release of the October public sector finances. The bulk of data releases is on the other side of the pond. At 1145GMT, the ICSC-Goldman Store Sales data for the November 19 week are released. At 1330GMT, the Canadian September retail sales numbers are out.The main US release is at 1330GMT, with teh release of the US Q3 GDP second reading. Third quarter GDP is forecast to be revised down to a 2.4% rate of growth. The key factors are expected to be upward revision to PCE, nonresidential fixed investment, and residential fixed investment that should be offset by downward revisions to inventories and net exports. The chain price index is expected to be unrevised at +2.5%. At 1355GMT, the Nov 19 week Redbook Average data is released.At 1800GMT, Minneapolis Federal Reserve Bank President Narayana Kocherlakota speaks to CFA Winnipeg, Canada.
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