Using PMI Data to Predict Forex Market Movements
Central banks also use PMI data to make informed decisions about interest rates, which can attract foreign investments and affect the currency’s value.
Financial Analysis
PPI Forex Analysis: Leveraging Producer Price Index Data
This introduction to PPI forex analysis explores why the PPI is an essential tool in the forex trader’s arsenal, providing early signals of inflationary pressures that could influence central bank policies and, subsequently, currency values.