How will AUD React on Consumer Price index?

How will AUD React on Consumer Price index?

What will happen?

Australian Bureau of Statistics will announce Core PCE Price Index at 03:30 MT (GMT+3) on Wednesday, October 27.

Consumer prices account for most of the overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate. Although this data is extremely late relative to inflation data from other countries, it's the primary gauge of consumer prices and tends to create hefty market impacts.

Last time the result was better than the expectations, but AUD/USD declined right after the release and showed extreme volatility after.

Picture1.png

How to trade on Consumer Price Index?

  • If the Consumer Price Index is greater than forecast, the AUD is likely to strengthen against other currencies.
  • If the Consumer Price Index is lower than forecast, the AUD is likely to weaken against other currencies.

Instruments to trade: AUD/USD, AUD/NZD, AUD/CAD.

Similar

What will move the market on November 22-26?
What will move the market on November 22-26?

Last week was not full of events, but we still saw decent moves in the charts of majors, S&P500, NASDAQ, oil, and crypto. The upcoming week will bring even more volatility to your favorite assets!

Latest news

Deposit with your local payment systems

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

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

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera