Correlation between interest rate and value of currencysteemCreated with Sketch.

in #forex • 8 years ago

Interest rate goes up = Value of currency usually goes up

Interest rate cut = Value of currency usually goes down

3 factors that will influence the interest rate :-

  1. Inflation - CPI, PPI
  2. Growth - GDP, PMI, Home sale, Retail sale
  3. Job market - NFP, wages
#trading #tips #interest #currency
8 years ago in #forex by
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