Correlation between interest rate and value of currency

coinisking (35)in #forex • 7 years ago

Interest rate goes up = Value of currency usually goes up

Interest rate cut = Value of currency usually goes down

3 factors that will influence the interest rate :-

Inflation - CPI, PPI
Growth - GDP, PMI, Home sale, Retail sale
Job market - NFP, wages

#trading #tips #interest #currency

7 years ago in #forex by coinisking (35)