Don’t waste your time – keep track of how NFP affects the US dollar!

Data Collection Notice

We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.

facebook logo with graphic

Join Us on Facebook

Stay on top of company updates, trading news, and so much more!

Thanks, I already follow your page!
forex book graphic

Beginner Forex Book

Your ultimate guide through the world of trading.

Get Forex Book

Check Your Inbox!

In our email, you will find the Forex 101 book. Just tap the button to get it!

FBS Mobile Personal Area

market's logo FREE - On the App Store

Get

Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

76.5% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

Important event for USD: Producer Price Index

Important event for USD: Producer Price Index

Information is not investment advice

What will happen?

The US will publish the Producer Price Index (PPI) on December 14, Tuesday, at 15:30 GMT+2 (MetaTrader time).

Why is it important?

PPI is a leading indicator of inflation which shows the change in the price of finished goods and services by producers. Bigger charges by producers lead to higher costs for consumers and push inflation up. The higher inflation is  – the greater the probability that the Federal Reserve will increase the rates. Higher rates, in turn, will push the US dollar up and gold down. This report has become especially significant as the Fed will meet already on December 15, where it may announce the rate hike.

What happened last time?

Last time, the PPI was 0.6% – exactly as analysts expected. It raised concerns that the Fed could leave the rates at the current lows for longer – a bearish factor for the greenback. Thus, the USD dropped and EUR/USD surged by 230 points after the report.

Note that when the USD rises, EUR/USD falls as the USD is a quote currency.

1.png

How to trade on PPI?

Open the economic calendar a few days before and check the forecast. If it is significantly higher than the previous figures, the USD can start rising before the event, and vice versa. Then, wait for the actual results to come out.

  • If the actual figures exceed forecast levels, the USD will rise.
  • If the release disappoints, the USD will fall.

Instruments to trade: all the major pairs and XAU/USD

Check the economic calendar

LOG IN

Similar

Will the Fed Surprise Investors?

The Federal Reserve will make a statement regarding the future monetary policy on Wednesday, June 15, at 21:00 MT time (GMT+3).

Popular

How Will US PMIs Affect the USD?

The US Markit will publish Flash Manufacturing and Flash Services PMIs (purchasing managers' indices) on June 23 at 16:45 GMT+3.

Will Fed Chair Powell Move the USD?

The Fed Chair Jerome Powell will testify on the Semi-Annual Monetary Policy Report before the House Financial Services Committee on June 22-23 at 17:00 GMT+3.

Choose your payment system

Be on top of your game

Callback

Please fill in the form below so we can contact you

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

We provide only English-speaking callbacks. If you prefer any other languages, contact the support team.

We will call you at the time interval that you chose

Change number

Your request is accepted.

We will call you at the time interval that you chose

Next callback request for this phone number will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later