Monthly Archives: March 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…
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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…
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