AWARDS

What is it? It checks the percentage of the total work force that is unemployed and actively seeking employment 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 7th at 8:30am Eastern Time.

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

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What is it? It checks the percentage of the total work force that is unemployed and actively seeking employment 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 7^th at 8:30am Eastern Time.

Trading Tip: If the number 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 number of employed people during the previous month.

Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.

When? November 7^th at 8:30am Eastern Time.

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

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The Importance of Diversification

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

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What is it? Governor Carney is due to participate in a panel discussion titled "Central Banking: The Way Forward" at the International Symposium of the Banque de France, in Paris.

As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

Usual Effect: If the announcement will hint towards higher interest rates, you can expect the GBP to rise.

When? November 7^th at 5:15am Eastern Time.

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

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

Other top stories:

4 Tips for Today's Trading

The Importance of Diversification

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

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