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Forex traders monitor the CPI, as it can lead to changes in monetary policy by the central bank that will either strengthen or weaken the currency against rivals in the markets. The Consumer Price Index or CPI is a fundamental economic indicator that has become one of the most closely watched inflation measures used by forex traders. Furthermore, both the influential data’s initial release and its subsequent revisions can often result in significant swings in the forex market. The Consumer Price Index, or CPI as it is more commonly known is also sometimes referred as the ”Retail Price Index” and is often considered the most widely used and most accurate measure of inflation and tends to also be regarded as an indicator of the effectiveness of the current government policies. CPI in Forex is one of the indicators traders can rely on to gauge level of inflation in consumer goods. Consumer price index (CPI) is a measure that examines the weighted average of changes in prices of consumer goods and services each household bought in a certain period of time. Why forex traders should follow CPI data. Understanding CPI data is important to forex traders because it is a strong measure of inflation, which in turn has a significant influence on central ...
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Charting Types by Rowena Harris-Doughty of LCG http://www.financial-spread-betting.com/spreadbetting/LCG-compare.html The Consumers Price Index Learn more ab... Forex: UK CPI EURGBP, GBPUSD trading levels and zones Price Action and Manipulation 25.03.2020 Forex broker LiteForex. Loading... Unsubscribe from Forex broker LiteForex? Forex trading is often a mix of technical and fundamental analysis. In the case of currencies, these fundamentals are usually economic fundamentals. 100% free forex education available from http ... Get the MT4 CPI Indicator. The Forex Candlestick Patterns Indicator (CPI) for the MetaTrader 4 (MT4) trading platform gives you a sound alert. The CPI Indicator recognizes 26 candlesticks patters ... 🚨🚨Trading Performance 🚨🚨 Improve Your Trading Performance at our Fundamental Trading Academy https://www.toptradersfx.com/academy (Our Academy is 1v1 ...