Correlation between interest rate and value of currencysteemCreated with Sketch.

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 :-

  1. Inflation - CPI, PPI
  2. Growth - GDP, PMI, Home sale, Retail sale
  3. Job market - NFP, wages
forex trading tips interest currency
7 years ago by

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