AWARDS

What is it? It checks the change in the price of goods and services purchased by consumers, excluding the 8 most volatile items.

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? January 23^rd at 8:30am Eastern Time.

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

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What is it? It checks the change in the total value of inflation-adjusted sales at the retail level.

It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

When? January 23^rd at 4:30pm Eastern Time.

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

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What is it? It checks the level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.

When? January 23^rd at 3:30pm Eastern Time.

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

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Other top stories:

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

The Importance of Diversification

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

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What is it? It checks the level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.

When? January 23^rd at 3:00pm Eastern Time.

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

Ask us about our FREE signals program: 

Other top stories:

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

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: