Fundamental release has become an increasingly important market movers. When focusing on the impact of the economic figures of the movement of prices in the forex market is 5 indicator that witnessed the most because of their potential to generate volume and the price moves in the market.
Why The Impact Of Short Term Trading Economic News?
The Data itself is not as important as whether or not it falls within market expectations. Besides knowing when all data is released, it is very important to know what the economists are forecasting for each indicator. For example, knowing the consequences for the economy from rising monthly unexpected 0.3% in the consumer price index, which is actual, hardly important for short-term trading decisions because You know that this month the market was looking for a CPI down by 0.1%, consensus.
Analyze the long-term consequences of the increase in the monthly unexpected price can wait until You have taken advantage of short term trading opportunities presented by the data is usually in the first thirty minutes after release. market expectations for all economic releases are published on our calendar and you have to keep track of these expectations along with the date of the release indicator.
Pip Range average
1. Non Farm Payroll-Unemployment Avg. Moved: 124 Pips
2. the FOMC interest Rate Decisions Avg. Moved: 74 Pips
3. Trade Balance Avg. Moved: 64 Pips
4. CPI-Inflation Avg. Moved: 45 Pips
5. Retail sales Avg. Moved: 45 Pips
Data from DailyFX Research
1. Non Farm payrolls-Unemployment
The unemployment rate is a measure of the strength of the labor market. One way analysts measure economic power is with the number of jobs created, and the percentage of workers can't find jobs. job creation is indicative of strong economic growth, as companies must increase the number of their workforce in order to meet the demand.Release schedule: Friday the first month at 8: 30 am EST
2. Decision of the FOMC interest rate
The Federal Open Market set the rate of discount, which is the rate at which the Federal Reserve bank charges Banks for overnight loans members. This figure is set at the FOMC meeting by regional banks and the Federal Reserve Board. Release schedule: 8 meetings scheduled per year. The date is known before so check out the economic calendar
3. Trade balance
The trade balance measures the difference between the value of the goods and services of the nation's exports and the value of the goods and services import. trade surplus A result if the value of exports exceeds the imported goods, while the trade deficit exists if the imported goods exceeds export goods.Release schedule: Usually released around the middle of the second month following the reporting period. Check economic calendar
4. CPI-consumer price index
The CPI is a measure of inflation, because the key measure of consumer prices of goods remain. Higher prices are considered to be negative for the economy, but since the central bank often respond to price inflation by raising interest rates, currency sometimes respond to positively report that higher inflation.Release schedule: Monthly-around the 13th of each month at 8: 30 am EST
5. Retail sales
Retail sales is a measure of the amount of goods sold by a sampling of retail stores. It is used as a measure of consumer activity and confidence as higher sales figures will show an increase in economic activity.
Release schedule: Monthly-about the 11th of every month at 8: 30 am EST
The source by RefcoFX
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