What is it? It checks the change in the price of goods and services purchased by consumers, excluding food and energy.

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? March 24th at 8:30am Eastern Time.

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

 

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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? March 24th at 8:30am Eastern Time.

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

 

Ask us about our FREE financial advice program: 

 

Other top stories:

All Your Brokers and Signals in 1 Place - Binary Trade Center

Countless Already Joined and Made a Profit - What About You?

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

 

Follow us and SHARE this story on Facebook:  

 

 

 

European markets declined today as Greece came back in the spotlight. Declines came ahead of meeting between Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel in Berlin to discuss Greece’s debt problems. In addition, Draghi was also in focus as he spoke in Brussels. Draghi commented on Greece and stated that the country should benefit from the quantitative easing program and should get normal access to bank funds. The Euro, however, did not react strongly and is trading around $1.0934.

U.S stocks declined on Friday following two dovish speeches from FOMC members Lockhart and Evans. Today, stocks are edging higher as traders react to weaker than expected Home Sales data which came out at 4.88 million and showed a monthly increase of just 1.2%. The data is bullish for stocks as it adds to the argument for a later interest rate hike.  A June Interest rate hike remained in focus, however, as St. Louis Federal Reserve President, James Bullard, told CNBC Monday that the dovish statement from last week may have misplaced investor expectations about the first hike. Fed Vice, Stanley Fisher, will be speaking at 4.20PM (GMT). San Francisco Fed President, John Williams, will also speak in Sydney, Australia.

 

Ask us about our FREE financial advice program: 

 

Other top stories:

All Your Brokers and Signals in 1 Place - Binary Trade Center

Countless Already Joined and Made a Profit - What About You?

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

 

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