Visitor's Review 3
- Donald Herison
- English
- TESTIMONIALS
- Hits: 1831
What is it? It checks the change in the price of goods and services purchased by consumers.
Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
When? April 21st at 9:30am Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the AUD to rise.
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What is it? It checks the change in the total value of sales at the wholesale level.
It's a leading indicator of consumer spending - retailers generally order more goods from wholesalers when they expect consumer sales to increase.
When? April 21st at 8:30am Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the CAD to rise.
Ask us about our FREE financial advice program:
Other top stories:
6 Top Reasons Traders Fail - Why You Need Signals
All Your Brokers and Signals in 1 Place - Binary Trade Center
How I Made Over $30,000 a Year by Investing in Binary Options
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