Don’t waste your time – keep track of how NFP affects the US dollar!

Thank you for visiting our website

The ASIC policy prohibits us from providing services to clients in your region. Are you already registered with FBS and want to continue working in your Personal area?

Personal area

Facebook like

The US Inflation Is in Focus Again

The US Inflation Is in Focus Again

Updated

What will happen?

The United States will publish Core PCE Price Index on Thursday at 15:30 GMT+2. This is the change in the price of goods and services purchased by consumers, excluding food and energy. Its main difference from CPI is that it only measures goods and services targeted towards and consumed by individuals.

Why is it important?

As the market awaits the beginning of tapering and hawkish steps by the Federal Reserve, traders will be looking for final inflation releases of the year. Last time, this indicator came out in line with the forecast of 0.4%. Will it outperform the expectations this time?

How to trade on the Core PCE Price Index?

To trade on this release, you need to check the figures in the economic calendar and compare them with the forecast.

  • If the actual figures are bigger than the forecast, the USD will go up;
  • On contrary, lower-than-expected figures will pull the USD down.

Check the economic calendar

Instruments to trade: EUR/USD, GBP/USD, USD/JPY

LOG IN

Deposit with your local payment systems

Feel the Team Spirit

Got questions? FBS Oceania Customer Support is ready to help!

Contact us via email at support@fbsaustralia.com