Usual effect: If the report is more hawkish than expected, it will positively affect the USD. ▶️This data is issued eight times a year. ▶️The Federal Reserve usually changes the statement slightly each time. Traders focus on these changes. The FOMC uses this statement as a primary tool to communicate with investors about monetary policy and includes the outcome of their votes on interest rates and other policy actions, along with an explanation of the economic conditions that influenced their votes. More than that, it discusses the economic outlook and provides clues about the upcoming votes' outcome.
Usual effect: The previous rate was 5.5%, and we expect the new rate to remain constant at 5.5%. An amount higher than expected will positively affect the currency. ▶️This data is issued eight times a year. ▶️Short-term interest rates are the main factor in currency evaluation. Traders observe most other indicators to predict how the future rate changes.
Usual effect: The previous rate was 9.61M, and we expect the new rate to decrease to 9.27M. An amount higher than expected will positively affect the currency. ▶️This data is issued monthly. ▶️This is one of the indicators released late. However, it can affect the market because job openings are a leading indicator of overall employment.
Usual effect: The previous rate was 49, and we expect the new rate to remain constant at 49. An amount higher than expected will positively affect the currency. ▶️This data is issued monthly. ▶️This data is economic health's leading indicator. Businesses react to market conditions quickly, and their purchasing managers probably have the most recent and relevant insight into the company's economic view.
Usual effect: If the speech is more hawkish than expected, it will positively affect the CHF. ▶️Speaker: Thomas Jordan ▶️The market will experience a lot of volatility during Jordan's speech as traders try to interpret the interest rate clues. Jordan has more influence on the country's currency than anyone else as the central bank head, which controls short-term interest rates. Traders observe his public speeches and often use them to provide clues about future monetary policy.
Usual effect: The previous rate was 89K, and we expect the new rate to increase to 141K. An amount higher than expected will positively affect the currency. ▶️This data is issued monthly. ▶️These data provide an initial view of employment growth. Job creation is an important leading indicator of consumer spending, which makes up the majority of economic activity.
Usual effect: The previous rate was 50.6, and we expect the new rate to increase to 50.8. An amount higher than expected will positively affect the currency. ▶️This data is issued monthly. ▶️This data is economic health's leading indicator. Businesses react to market conditions quickly, and their purchasing managers probably have the most recent and relevant insight into the company's economic view.
Usual effect: If the speech is more hawkish than expected, it will positively affect the currency. ▶️The market will experience a lot of volatility during Orr's speech as traders try to interpret the interest rate clues.
Usual effect: The previous rate was 1.0%, and we expect the new rate to decrease to 0.4%. An amount higher than expected will positively affect the currency. ▶️This data is issued quarterly, about 35 days after the end of the quarter. ▶️Although these data are released very late, they are the employment situation's first indication and impact the market heavily.
Usual effect: The previous rate was 3.6%, and we expect the new rate to increase to 3.9%. An amount lower than expected will positively affect the currency. ▶️This data is issued quarterly, about 35 days after the end of the quarter. ▶️Although unemployment claims are generally considered a lagging indicator, the number of unemployed people is a significant signal of the economy's general health because consumer spending is closely related to labor market conditions.