Usual effect: The previous rate was 1.1%, and we expect this rate to increase to 1.9%. An amount higher than expected will positively affect the NZD. ▶️This data is released every three months. ▶️Consumer prices make up the majority of overall inflation. Inflation is essential for currency valuation because ascending prices cause the central bank to raise interest rates to curb inflation.

Usual effect: If the tone is more hawkish than expected, it will positively affect the USD. ▶️Federal Reserve members decide on the time and size of setting interest rates and how to execute monetary policies. That is why the more aggressive the speech, the stronger the USD.

Usual effect: If the tone is more hawkish than expected, it will positively affect the USD. ▶️Federal Reserve members decide on the time and size of setting interest rates and how to execute monetary policies. That is why the more aggressive the speech, the stronger the USD.

Usual effect: If the tone is more hawkish than expected, it will positively affect the CAD. ▶️This data is published quarterly. ▶️The Business Outlook Survey published by the BOC shows the business outlook in Canada. An analysis of the economic situation in short-term interviews with 100 business managers is provided by the Business Trust. An optimistic pov from those managers is considered positive or bullish for CAD, and a pessimistic viewpoint is considered bearish or negative.

Usual effect: The previous rate was 1.9, and we expect this rate to decrease to -6.4. An amount higher than expected will positively affect the USD. ▶️This data is released monthly. ▶️The Empire State Manufacturing Index is economic health's leading indicator – businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.

Usual effect: If the speech is hawkish, 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.

Usual effect: The previous rate was 3.1%. An amount higher than expected will positively affect the USD. ▶️This data is released monthly. ▶️Two versions of this data are published with a 14-day interval: Preliminary and Revised. The Preliminary is released earlier and hence tends to have the most impact. Future inflation expectations can manifest into actual inflation primarily because workers tend to earn higher wages when they believe prices will rise.

Usual effect: The previous rate was 68.1, and we expect this rate to decrease to 67.5. An amount higher than expected will positively affect the USD. ▶️This data is released monthly. ▶️Two versions of this data are published with a 14-day interval: Preliminary and Revised. The Preliminary is released earlier and hence tends to have the most impact. This index indicates financial certainty for consumer spending, which makes up most of the economic activity.

Usual effect: If the speech is hawkish, it will positively affect the USD. ▶️Speaker: Patrick Harker. ▶️Federal Reserve FOMC members vote on setting the nation's key interest rates, and traders often use their public speeches to provide clues about future monetary policy.