Upgraded

What is it? It checks the change in the number of unemployed people during the previous month.

Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions.

When? November 4th at 3:00am Eastern Time.

 

 

Trading Tip: If the number is lower than the forecast, you can expect the EUR to rise.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

3 Tips for Today's Trading

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

What is it? It's among the primary tools the RBA Reserve Bank Board uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions.

When? November 3rd at 10:30pm Eastern Time.

 

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the AUD to rise.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

3 Tips for Today's Trading

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

What is it? It checks the interest rate charged on overnight loans between financial intermediaries.

Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future.

When? November 3rd at 10:30pm Eastern Time.

 

Trading Tip: If the number is higher than the forecast, you can expect the AUD to rise.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

3 Tips for Today's Trading

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

Subcategories

Please publish modules in offcanvas position.