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Economic indicators help to give a complete idea of national economy of a country and characterize an economic decline or expansion to the full extent. They provide an opportunity to predict a trend of prices and a future situation at the foreign currency market.
Publishing of economic data can cause serious oscillations at the forex online market. The most leading economic indicators are the following:
Other economic indicators are also listed in this section.
The influence of publishing of any given leading economic indicators depends on the fact, in what way they will be interpreted by market players. The rate can move both up and down and cause an increase or correction of an active trend, or even create a new one. The result will be mostly influenced by the current market situation, economic situation in the countries whose currency is involved, expectations and sentiments of market players, and the value of the particular indicator as well.
Date and time of publishing of every economic indicator are known well in advance. They are highlighted in the calendars of economic indicators and the most important events in the life of any country. The market prepares itself for publishing of economic indicators beforehand; the efforts are made to predict the values of indicators and their influence on the market situation.