If you have already learned about CPI (Consumer Price Index), you know that inflation is one of the most important drivers of the forex market.
However, before prices rise for everyday shoppers at the...
If you follow economic news or watch a forex calendar, you will often see the unemployment rate listed alongside other major reports.
We hear about unemployment in daily life all the time. But in forex...
If you follow financial news or economic calendars, you will frequently see the letters GDP.
It is one of the most widely used measures of a country’s economic health.
At first, GDP might sound like...
If you are learning forex trading, you will often hear about interest rates.
They are one of the most important factors that influence currency movements.
At first, they may seem like a complex economic concept....
When you start learning Forex, you quickly realize that the market is obsessed with "data." Every week, new reports come out, and prices jump around based on the numbers.
You have already learned...
If you’ve ever seen Forex traders glued to their screens on a Wednesday afternoon, chances are—the FOMC just spoke.
But what is FOMC? Why does it cause wild price swings in the USD? And how can beginners use it to...
What Is CPI in Forex? Why It Moves the Market (Simple Explanation)
If you want to understand why currency prices move up and down, you have to understand economic data. And when it...
If you are new to Forex trading, you might have noticed that on the first Friday of every month, the market suddenly goes a little crazy. Prices jump up and down violently,...