Key, Unemployment and CPI on Forex Term
Key Economic Term
A number of economic terms are particularly relevant to the FX market. The following is a list of economic indicators that are released on a schedule basis and are observed by traders and analysts. Analysts project their estimates for results of these economic statistics, and the market’s reaction to this news is usually based on these estimates
Unemployment
The unemployment rate is a measure of the strength of an economy is by number of jobs created, and the percentage of workers unable to find jobs. Strong job is indicative of economic growth, as companies must increase their workforce in order to meet demand.
CPI (Consumer Price Index)
The CPI is a key gauge of inflation, as it measures the price of a fixed basket of consumer goods. Higher prices are considered negative for an economy, but since central banks often respond to price inflation by raising interest rates, currencies sometimes respond positively to reports of higher inflation
A number of economic terms are particularly relevant to the FX market. The following is a list of economic indicators that are released on a schedule basis and are observed by traders and analysts. Analysts project their estimates for results of these economic statistics, and the market’s reaction to this news is usually based on these estimates
Unemployment
The unemployment rate is a measure of the strength of an economy is by number of jobs created, and the percentage of workers unable to find jobs. Strong job is indicative of economic growth, as companies must increase their workforce in order to meet demand.
CPI (Consumer Price Index)
The CPI is a key gauge of inflation, as it measures the price of a fixed basket of consumer goods. Higher prices are considered negative for an economy, but since central banks often respond to price inflation by raising interest rates, currencies sometimes respond positively to reports of higher inflation
AUDNZD Technical Fundamental
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