Yearly Archives: 2013

Central Bank Rate Decision

“The decision reached by the apex bank of a country shows the economic health of such country, thereby affecting its currency strength.” The apex bank of every economy in the world, meets each month to decide on the interest rate of the economy they are responsible for. One of the key decisions they make during…
Read more

CPI (Inflation Data)

“The CPI of a country no matter how small they are, always have a ripple effect on the value of currencies involved.” Over the years, Forex traders have devoted much of their time to closely monitor inflation through the Consumer Price Index, which also serves as a fundamental economic indicator. The CPI index gives details…
Read more

The Gross Domestic Product

“The rise and fall of a country’s GDP directly affects how its currency behaves in the Forex market.” The fourth event that a Forex trader should watch out for is the Gross Domestic Product, as it is an important economic indicator in the economic health of a country. The Central Bank of every country, always…
Read more

FOMC Meeting

“FOMC decision affects the strength of other currencies, as the US Dollar is currently the world’s currency reserve.” Though the central banks of all of the world’s economies have their meetings, the one that is extremely important and has a direct impact on the currency of other countries is the American Federal Open Market Committee…
Read more