
The United States will publish the Inflation Rate and Core Inflation Rate, also known as US CPI and Core CPI, on August 10 at 15:30 GMT+3.
Don’t waste your time – keep track of how NFP affects the US dollar!
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Great Britain will publish the Inflation Rate on October 20, at 09:00 MT time (GMT+3). This is a very important indicator that shows the change in the price of goods and services purchased by consumers during the previous month.
The inflation figures are very important. Based on their growth, the central bank of a country decides whether or not it needs to raise the interest rate. Therefore, the domestic currency rises as well.
In the picture below, you can see how bigger-than-expected CPI affected the performance of GBP/USD. The pair surged significantly.
It’s easy! Just compare the actual British Inflation Rate with the market forecast, which appears a few days before the report in the economic calendar.
Instruments to trade: GBP/USD, GBP/JPY, EUR/GBP
The United States will publish the Inflation Rate and Core Inflation Rate, also known as US CPI and Core CPI, on August 10 at 15:30 GMT+3.
The United States Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on August 5, 15:30 GMT+3.
The Bank of England (BoE) will share its Official Bank Rate and make a statement on monetary policy on August 4, 14:00 GMT+3.
The United States will publish the Inflation Rate and Core Inflation Rate, also known as US CPI and Core CPI, on August 10 at 15:30 GMT+3.
The United States Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on August 5, 15:30 GMT+3.
The Bank of England (BoE) will share its Official Bank Rate and make a statement on monetary policy on August 4, 14:00 GMT+3.
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