As a forex trader, you need to know which Economic Indicator result will generate bullish and bearish some currency trends. You need to understand how Major Economic Releases and economic indicators affect the currency pair prices. this table below will help you to get a simple answer :
If economic indicator rise or falls will currency go up or down (bullish or bearish)?
Before you analyze this Table read our article about Key Economic indicators.
This table is a simple answer to this question and we hope it will help you to understand better Forex Fundamental Analysis.
Average Hourly Earnings | A high value the number is also positive for the US dollar currency, although a low-value number is negative. |
Average Weekly Hours |
A high-value number is positive (will point to bullish trend for currency) for the US dollar currency, although a low-value number is negative. |
Bank of England (BOE) Minutes |
The comments may determine a short-term positive or negative trend. If they show a hawkish outlook, that is seen in this case as positive (will point to bullish trend for currency) for that currency, otherwise, it is seen in this case as negative (will point to the bearish trend for currency). |
BOE Inflation Letter |
A high-value number is seen positive (bullish) for the GBP, whereas a low value the number is seen in this case as negative (bearish). It is worth noting that this the tentative letter is only published when the CPI (YoY) is above 3.0%. |
Central Bank Chairman/ |
If they show a hawkish outlook, that is seen in this case as positive (will point to bullish the trend for currency) for that currency, otherwise it is seen in this case as negative (will point to bearish trend for currency). |
Construction Spending | A high-value number is seen in this case as positive, will point to a bullish trend for currency for the US dollar currency, although a low-value number is seen in this case as negative will point to a bearish trend for currency. |
Consumer Confidence |
A high-value number is positive (will point to bullish trend for currency) for that currency, although a low-value number is negative (will point to bearish trend for currency). |
Consumer Confidence House Holds |
A index above 50 is positive (will point to bullish trend for currency) for the JPY, whereas a index below 50 is seen in this case as bearish. |
Consumer Price Index (CPI) |
A high-value number is seen in this case as positive will point to a bullish trend for currency for that currency, although a low value the number is seen in this case as negative. |
Consumer Price Index (CPI) Ex Food & Energy |
A high-value number is seen in this case as positive (will point to bullish trend for currency) for the US dollar currency, although a low-value number is seen in this case as negative (will point to bearish trend for currency). |
Core Consumer Price Index |
A high-value number is seen in this case as positive (will point to bullish trend for currency) for the GBP, although a low value the number is seen in this case as negative (will point to bearish trend for currency). |
Current Account |
A high-value number is seen in this case as positive (will point to bullish trend for currency) for the currency, whereas a low value the number is seen in this case as negative (will point to bearish trend for currency). |
Durable Goods Orders |
A high-value number is positive (will point to bullish trend for currency) for the US dollar currency, although a low-value number is negative will point to a bearish trend for currency. |
Empire State Business Conditions Index |
A positive index indicates bullish for US Dollar, although a negative index shows poor growth of the US Dollar. |
FOMC Meeting Minutes |
If they show a hawkish outlook, that is seen in this case as positive (will point to bullish the trend for currency) for that currency, otherwise it is seen in this case as negative (will point to bearish trend for currency). |
Gross Domestic Product |
A rising trend has a positive effect on the currency, although a falling trend is seen in this case as negative (will point to bearish trend for currency). |
Gross Domestic Purchase price Index |
A high-value number is seen in this case as positive, will point to a bullish trend for currency for the US dollar currency, although a low-value number is seen in this case as negative will point to a bearish trend for currency. |
Housing Price Index |
A high-value number is seen in this case as positive (will point to bullish trend for currency) for the US dollar currency, although a low-value number is seen in this case as negative (will point to bearish trend for currency). |
Housing starts |
A high-value number is seen in this case as positive (will point to bullish trend for currency) for that currency, although a low value number is seen in this case as negative (will point to bearish trend for currency). |
IFO- Business Climate and Expectations |
The positive economic growth anticipates bullish movements for the EUR, although a low value number is seen in this case as negative (will point to bearish trend for currency). |
Import Price Index |
A high-value number is seen in this case as positive (will point to bullish trend for currency), although a low value number is seen in this case as negative (will point to bearish the trend for currency). |
Industrial Production |
high-value number is positive (will point to the bullish trend for currency), although a low value the number is negative (will point to bearish trend for currency) |
Interest Rate Decision |
Raising the interest rate is positive, will point to a bullish trend for that currency, although if interest rate cuts is negative then it will point to a bearish trend for that currency. |
ISM Manufacturing Index |
If this index ist positive (will point to the bullish trend for currency) for the US dollar currency, the index below 50 is seen in this case as negative (will point to bearish trend for currency). |
Michigan Consumer Sentiment Index |
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Mortgage Bank Association (MBA) Mortgage Applications |
A high-value number is seen in this case as positive (will point to bullish trend for currency) for the US dollar currency, although a low-value number is seen in this case as negative (will point to bearish trend for currency). |
New Home Sales |
A high-value number is seen in this case as bullish for the US dollar currency, whereas a low-value number is seen in this case as bearish. |
Non-Farm Employment Rate |
A high-value number is seen in this case as positive (will point to bullish trend for currency) for the US dollar currency, although a low-value number is seen in this case as negative (will point to bearish trend for currency). |
Personal Consumption Expenditure -Price Index, Core |
A high-value number is bullish for the US dollar currency, although a low-value number is bearish. |
Personal Income |
A high-value number is positive for the US dollar currency, whereas a low-value number is negative. |
Personal Spending |
A high-value number is seen in this case as positive (will point to bullish trend for currency), although a low-value number is seen in this case as negative (will point to bearish the trend for currency) for USD. |
Producer Price Index (PPI) |
A high-value number is seen in this case as positive (will point to bullish trend for currency) for that currency, whereas a low value the number is seen in this case as negative (will point to bearish trend for currency). |
Purchasing Managers’ Index |
An index above 50 signals are bullish for that currency, whereas an index below 50 is seen in this case as bearish. |
Retail Price Index |
A high-value number is seen in this case as positive (will point to bullish trend for currency) for the GBP, whereas a low value the number is seen in this case as negative (will point to bearish trend for currency). |
Retail Sales |
A high-value number is seen in this case as positive (will point to bullish trend for currency), although a low-value number is seen in this case as negative (will point to bearish trend for currency). |
Retails Sales Ex Autos |
A high-value number is seen in this case as positive (will point to bullish trend for currency), although a low-value number is seen in this case as negative (will point to bearish the trend for currency) for USD. |
Reuters/ | A high-value number anticipates positive (will point to bullish trend for currency) for the US dollar currency, although a low value the number is seen in this case as negative (will point to bearish trend for currency). |
Tankan Index |
A index above the 0 levels is seen in this the case as positive (will point to bullish trend for currency) for the JPY, whereas a index below 0 is seen in this case as negative (will point to the bearish trend for currency). |
Trade Balance |
A high-value number is positive will point to bullish trend for currency, although a low value number is negative (will point to bearish the trend for currency). Trade balance generally creates more volatility for USD. |
Treasury International Capital (TIC) |
A high-value number is positive (will point to bullish trend for currency) for the US dollar currency, although a low-value number is negative (will point to bearish trend for currency). |
Unemployment Rate (Jobless Rate) | A decrease in the figure is seen in this the case as positive (will point to bullish trend for currency) for that currency, although an the increase is seen in this case as negative (will point to bearish trend for currency). |
ZEW Survey | An optimistic view is considered a positive (will point to bullish trend for currency) for the EUR, whereas a pessimistic view is considered as negative (will point to bearish trend for currency). |
Legal Disclaimer: This table is the only tool to understand the forex market and Forex Fundamental Analysis . This is not investment advice.