Forex News Most Watched Indicators

Any trader that is investing in the Forex market must be aware that currencies do not randomly become weaker or stronger. They are all affected by the economic strength of the country, which is judged by different key indicators. Traders who are experienced will watch certain indicators regularly so that they have a heads up on whether the value of a currency will alter due to the economy of the country. When an economic indicator changes, there will be fluctuations in the value of the currency, so it is essential for traders to know how to watch for these changes and make the right decisions on their trades.

There are five different indicators that are most watched by traders due to their potential to move the prices in the Forex market. It is important for traders to know when this information is released and how it can affect the overall value of any currency. By learning about these five indicators, even new traders will have an advantage in the market. When changes occur, traders should take advantage of any short term benefits that are available and then focus on their long term trading.

The five indicators are described here and they all play an important role in the economic strength of a country. The first is Non Farm Payrolls. This is released on the first Friday of every month and this indicator represents the unemployment rate. The rate is a great measure of strength in a labor market. When a country has a low unemployment rate, it shows economic strength.

Another indicator is the FOMC Interest Rate Decisions. The MOMC will set a discount rate and this is the rate where the Federal Reserve Bank charges the members for all overnight loans. These rates are released 8 times during the year and the dates are announced in advance.

Trade Balance is another indicator closely watched and this is released in the middle of the second month following any reporting period. The Consumer Price Index is yet another indicator, released monthly. This is a key gauge of any inflation within a country and will measure prices of consumer goods. Generally, higher prices are not good for an economy.

Finally, traders will watch for Retail Sales changes and this information is released monthly around the 11th of the month. Retail sales will measure the goods sold by different retail stores and higher sales indicate more economic growth and activity.

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