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.

Usual Effect If the number is higher than the forecast, you can expect the EUR to rise.

When? October 30th all day.

 

Trading Tip: This announcement can greatly affect the EUR, make sure to make your trades before.

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

 

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What is it? Governor Poloz is due to testify, along with Senior Deputy Governor Carolyn Wilkins, before the Senate Standing Committee on Banking, Trade, and Commerce, in Ottawa.

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 CAD to rise.

When? October 29th at 4:15pm Eastern Time.

 

Trading Tip: This announcement can greatly affect the CAD, make sure to make your trades before.

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

 

Other top stories:

5 Tips for Today's Trading - 29/10

Daily Market News - 29/10

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What is it? It's among the primary tools the RBNZ 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.

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

When? October 29th at 4:00pm Eastern Time.

 

Trading Tip: This announcement can greatly affect the NZD, make sure to make your trades before.

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

 

Other top stories:

5 Tips for Today's Trading - 29/10

Daily Market News - 29/10

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

 

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