Usual effect: The previous rate was 0.3%, and we expect this rate to decrease to 0.2%. An amount higher than expected will positively affect the currency. ▶️This index is issued monthly. ▶️This index is the inflation rate’s main measure by the Federal Reserve. Inflation is essential for currency valuation because ascending prices cause the central bank to increase interest rates to curb inflation.

Usual effect: If the speech is more hawkish than expected, it will positively affect the EUR. ▶️Lagarde has more influence on the country's currency than anyone else as the central bank head, which controls short-term interest rates. Traders observe her public speeches and often use them to provide clues about future monetary policy.

Usual effect: The previous rate was 0.0%, and we expect this rate to increase to 0.1%. An amount higher than expected will positively affect the currency. ▶️This data is issued monthly. ▶️This index is the broadest measure of economic activity and economic health's main measure.

Usual effect: The oil price will increase if the decision to reduce oil production is made. OPEC and GMC meetings are attended by representatives of 13 OPEC members and 11 other oil-rich countries. They discuss various issues related to energy markets and, most importantly, agree on the amount of oil production. The meetings are closed to the press, but officials usually speak to reporters throughout the day, and an official statement of the meeting's policy changes and goals is released after the meetings end.

Usual effect: The previous rate was 2.9%, and we expect this rate to decrease to 2.7%. An amount higher than expected will positively affect the currency. ▶️This data is issued monthly. ▶️This estimate is based on the Eurozone's 13 member countries that report preliminary CPI data. Flash and Final are two versions of this report published with an interval of about two weeks. The Flash release is the first version and has the most impact. Consumer prices account for the majority of inflation. Inflation is essential for currency valuation because ascending prices cause the central bank to raise interest rates to curb inflation.

Usual effect: The previous rate was 4.2%, and we expect this rate to decrease to 3.9%. An amount higher than expected will positively affect the currency. ▶️This data is issued monthly. ▶️This estimate is based on the Eurozone's 13 member countries that report preliminary CPI data. Flash and Final are two versions of this report published with an interval of about two weeks. The Flash release is the first version and has the most impact. Consumer prices account for the majority of inflation. Inflation is essential for currency valuation because ascending prices cause the central bank to raise interest rates to curb inflation.

Usual effect: The previous rate was 50.6, and we expect this rate to increase to 51.1. An amount higher than expected will positively affect the currency. ▶️This data is issued monthly. ▶️A number above 50 indicates industry expansion, and below 50 shows contraction. Because China influences the global economy and investor sentiment, data from China can have a far-reaching impact on currency markets. This statistic is a leading indicator of economic health. Businesses react quickly to market conditions, and their purchasing managers likely have the most recent and relevant insight into the company's economic view.

Usual effect: The previous rate was 49.5, and we expect this rate to increase to 49.6. An amount higher than expected will positively affect the currency. ▶️This index is issued monthly. ▶️A number above 50 indicates industry expansion, and below 50 shows contraction. Because China influences the global economy and investor sentiment, data from China can have a far-reaching impact on currency markets. This statistic is a leading indicator of economic health. Businesses react quickly to market conditions, and their purchasing managers likely 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 GBP. ▶️Speaker: Andrew Bailey ▶️The market will experience a lot of volatility during Bailey's speech as traders try to decipher the interest rate clues. Bailey 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.