Economic
Indicators |
Country/Economy |
Description |
Impact of volatility |
Remarks |
| Current Account |
All |
Current Account |
Medium to High |
A high reading is seen as positive (or Bullish) for thecurrency, whereas a low reading is seen as negative (or Bearish). |
| Trade Balance |
All |
Trade Balance |
Medium to High |
A high reading is positive or bullish, while a low reading is negative (or bearish). Trade balance generally creates more volatility for USD. |
| Treasury International Capital (TIC) |
US |
Treasury International Capital (TIC) |
Medium |
A high reading is positive (or bullish) for the USD, while a low reading is negative (or bearish). |
| Manufacturing/ Physical Output of factories, Mines & Utilities |
US |
ISM Manufacturing Index |
Medium |
A result above 50 is seen as positive (or bullish) for the USD, whereas a result below 50 is seen as negative (or bearish). |
| US |
Empire State Business Conditions Index |
Medium |
A positive result indicates bullish for US Dollar, while a negative result shows poor growth of US Dollar. |
| All |
Industrial Production |
Low to Medium (Medium for Japan) |
High reading is positive (or bullish), while low reading is negative (or bearish) |
| All |
Purchasing Managers' Index |
Medium |
A result above 50 signals is bullish for the currency, whereas a result below 50 is seen as bearish. |
| Durable Goods |
US |
Durable Goods Orders |
Medium |
A high reading is positive (or bullish) for the USD, while a low reading is negative or bearish. |
| Consumer Confidence |
All |
Consumer Confidence |
Medium |
A high reading is positive (or bullish) for the currency, while a low reading is negative (or bearish). |
| US |
Reuters/Michigan Consumer Sentiment Index |
Medium |
A high reading anticipates positive (or bullish) for the USD, while a low reading is seen as negative (or bearish). |
| All |
Retail Sales |
Medium to High (High for US) |
A high reading is seen as positive (or bullish), while a low reading is seen as negative (or bearish). |
| US |
Retails Sales Ex Autos |
High |
A high reading is seen as positive (or bullish), while a low reading is seen as negative (or bearish) for USD. |
| US |
Personal Spending |
High |
A high reading is seen as positive (or bullish), while a low reading is seen as negative (or bearish) for USD. |
| Japan |
Consumer Confidence House Holds |
Medium |
A result above 50 is positive (or bullish) for the JPY, whereas a result below 50 is seen as bearish. |
| Inflation |
US |
Personal Consumption Expenditure -Price Index, Core |
High |
A high reading is bullish for the USD, while a low reading is bearish. |
| All |
Consumer Price Index (CPI) |
Medium to High |
A high reading is seen as positive or bullish for the currency, while a low reading is seen as negative. |
| US |
Gross Domestic Purchase price Index |
High |
A high reading is seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish. |
| UK |
Core Consumer Price Index |
Medium |
A high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or Bearish). |
| UK |
Retail Price Index |
High |
A high reading is seen as positive (or bullish) for the GBP, whereas a low reading is seen as negative (or bearish). |
| All |
Producer Price Index (PPI) |
Low to Medium |
A high reading is seen as positive (or bullish) for the currency, whereas a low reading is seen as negative (or bearish). |
| US |
Consumer Price Index (CPI) Ex Food & Energy |
Medium |
A high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or Bearish). |
| All |
Import Price Index |
Low to Medium. Medium for US |
A high reading is seen as positive (or bullish), while a low reading is seen as negative (or bearish). |
| UK |
BOE Inflation Letter |
High |
A high reading is seen positive (bullish) for the GBP, whereas a low reading is seen as negative (bearish). It is worth noting that this tentative letter is only published when the CPI (YoY) is above 3.0%. |
| Interest Rate |
All |
Interest Rate Decision |
High |
Raising interest rate is positive, or bullish, for the currency. While interest rate cuts are negative, or bearish. |
| Employment |
US |
Non-Farm Employment Rate |
High |
A high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish). |
| All |
Unemployment Rate (Jobless Rate) |
High to Medium |
A decrease of the figure is seen as positive (or bullish) for the currency, while an increase is seen as negative (or bearish). |
| US |
Personal Income |
High |
A high reading is positive for the USD, whereas a low reading is negative. |
| US |
Average Hourly Earning |
High |
A high reading is also positive for the USD, while a low reading is negative. |
| US |
Average Weekly Hours |
High |
A high reading is positive (or bullish) for the USD, while a low reading is negative. |
| Employment |
US |
FOMC Meeting Minutes |
High (specially in volatile markets) |
If they show a hawkish outlook, that is seen as positive (or bullish) for the currency, otherwise it is seen as negative (or bearish). |
| All |
Central Bank Chairman/Governor's Speech |
High (specially in volatile markets) |
If they show a hawkish outlook, that is seen as positive (or bullish) for the currency, otherwise it is seen as negative (or bearish). |
| UK |
Bank of England (BOE) Minutes |
High |
The comments may determine a short-term positive or negative trend. If they show a hawkish outlook, that is seen as positive (or bullish) for the currency, otherwise it is seen as negative (or bearish). |
| GDP |
All |
Gross Domestic Product |
Medium to High (High for US) |
A rising trend has a positive effect on the currency, while a falling trend is seen as negative (or bearish). |
| Market Sentiment Reports |
Germany |
ZEW Survey |
Medium |
An optimistic view is considered as positive (or bullish) for the EUR, whereas a pessimistic view is considered as negative (or bearish). |
| Germany |
IFO- Business Climate and Expectations |
Medium |
The positive economic growth anticipates bullish movements for the EUR, while a low reading is seen as negative (or bearish). |
| Japan |
Tankan Index |
Medium for Non-Manufacturing. Low for Manufacturing |
A result above the 0 level is seen as positive (or bullish) for the JPY, whereas a result below 0 is seen as negative (or bearish). |
| Housing |
US |
Mortgage Bank Association (MBA) Mortgage Applications |
Medium |
A high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish). |
| US |
New Home Sales |
Medium |
A high reading is seen as bullish for the USD, whereas a low reading is seen as bearish. |
| US |
Housing Price Index |
Medium |
A high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish). |
| US |
Construction Spending |
Medium |
A high reading is seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish. |
| US/Canada |
Housing starts |
Low to Medium. Medium for Canada and US |
A high reading is seen as positive (or bullish) for the Currency, while a low reading is seen as negative (or bearish). |
