Common effect: If the published number is higher than the forecast at the release time, it will positively affect the related currency. ▶️This data is published monthly. ▶️We can say that this data is an important indicator to show the Australian economy’s health. Because changes in Australian central bank policies can be an early signal of future economic activity such as spending, employment, and investment, it can be important for traders.
Common effect: If the published number is higher than the forecast at the release time, it will positively affect the related currency. ▶️This data is published monthly, and since there is a positive correlation between borrowing from banks and spending when borrowers are confident about their future financial situation, it makes them feel comfortable spending money and tend to engage in economic activities. Therefore, this data can be important for traders.
Common effect: If the published number is higher than the forecast at the release time, it will positively affect the related currency. ▶️This data is published monthly. ▶️Since job creation is one of the essential indicators of consumer spending and involves and affects most economic activities, it can be important for traders.
Common effect: If the published number is lower than the forecast at the release time, it will positively affect the CAD. ▶️This event represents the percentage of the total workforce unemployed in the previous 3 months and is actively looking for work. This event is published monthly, and since the number of unemployed people is a significant signal of economic health, this event is important among traders.
Common effect: If the published number is higher than the forecast at the release time, it will positively affect the related currency. ▶️This data is published monthly, and since the purchasing department managers in the economy can have the best insight into the economy's future, this data is relatively significant for traders.
Common effect: If the published number is lower than the forecast at the release time, it will positively affect the related currency. ▶️This data is published weekly. And because the number of unemployed people shows a significant signal of the overall economic health, this data can be important for traders.
Common effect: If the published number is lower than the forecast at the release time, it will positively affect the Swiss franc. ▶️This data is published monthly. ▶️This data represents the total value of foreign exchange reserves held by the Swiss Central Bank. Therefore, it is relatively significant for this currency's traders.
Common effect: If the report is published and the talks raised in this meeting are aggressive (hawkish), it will positively affect the Australian dollar. ▶️There is no specific period for this meeting. ▶️This meeting is held for Mr. Lowe's speech at Morgan Stanley Australia in Sydney. ▶️Since Mr. Lowe is the head of the US central bank, he has more influence on the value of Australia's currency than any other person. Knowing this, traders are also seriously monitoring Mr. Lowe's words because of the future monetary policies. The country provides clues, so this data is significant for this currency's traders.
Common effect: If the published number is higher than the forecast at the release time, it will positively affect the Australian Dollar. ▶️This data is published monthly. ▶️We can say that the demand for foreign exchange and the amount of exports are related to each other, Also the amount of demand for exports affects the production and prices of producers, so this index is of relatively high importance for traders.
Common effect: If the published number is higher than the forecast at the release time, it will positively affect the US Dollar. ▶️This data is published monthly ▶️This data is a survey result of the manufacturing sector managers in the US economy. It also indicates the US economy's health level because the managers working in economy have the most knowledge about a country's economic health level.