US economic data

The much-awaited employment report was weak, with data showing a net loss of 85,000 jobs in December. The report suggested that US companies are taking things one at a time and are in no hurry to re-hire, despite the resumption of economic growth in 3Q09. The employment data went against the...

In the previous part, you read about some economic data points that play a crucial role in the movement of currency pairs. Some other data points are: Budget Statement Monthly: is a monthly report showing the US budget deficit/surplus and is published by the Treasury Department of the US government...

In the previous part, you read about a few economic parameters that impact the forex market. Some others are: • Durable Goods: While the retail sales index includes both durable and non-durable goods, this measure only considers retail sales of durable goods. Durable goods are products that are...

In the previous part, you read about the types of data released and how they affect currency pairs. Some US economic data points that impact the forex market are: Industrial Production (IP): U.S. production activity is measured in terms of the IP index. When the economy is doing well, there is an...

The US and all other major countries release economic data on a daily basis that affects the forex market. The types of data released and how they affect currency pairs are described below: • Non-farm payroll and employment report: The U.S. government releases this report on the first Friday of...