How Will Consumer Price Indexes Affect USD?

How Will Consumer Price Indexes Affect USD?

What will happen?

US consumer price indexes (CPI) will be announced at 15:30 MT (GMT+3) on Wednesday, August 11.

The headline indicator presents the price change of goods and services purchased by consumers. The core indicator is based on the same data excluding food and energy, as prices of these goods are highly volatile. The indexes are based on the average price of various goods and services that are sampled and then compared to the previous sampling. Traders and investors look closely at these data as consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices make the central bank raise interest rates.

Last time the actual result was higher than expected, and USD gained 0.71% versus the EUR.

Screenshot_2.png

Consumer price index

How to trade on CPI indexes?

  • If the consumer price index is greater than the forecast, the USD is likely to strengthen against other currencies.
  • If the consumer price index is lower than the forecast, the USD is likely to weaken against other currencies.

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

TRADE NOW

Similar

News for The Week
News for The Week

US stock markets started falling, while the US dollar is rising. What to expect from

Latest news

The US Dollar Is Correcting
The US Dollar Is Correcting

Inflation in Europe was released better than the forecast. The preliminary fact was published at 4.3%. What's happening in the markets?

Bearish Signal For The USD
Bearish Signal For The USD

XAUUSD fell below 1900 for the first time since March 2023. Meanwhile, the US dollar index gives a bearish signal. Read the full report to learn more!

Deposit with your local payment systems

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!

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