Key Data for USD: US Inflation Rate

Key Data for USD: US Inflation Rate

What will happen?

The US Inflation Rate (CPI) will be released on Wednesday, November 10, at 15:30 MT (GMT+2). This indicator measures the month-over-month change in the price of goods and services. The inflation report will affect the US dollar and thus almost the entire Forex market.

Why is it important?

The Federal Reserve makes policy decisions based on the Inflation Rate data, that’s why not only the actual report but also traders’ expectations for the Inflation Rate release increase volatility in the Forex market.

The last report showed that inflation was 0.4%, which was better than the expected 0.3%. As a result, EUR/USD dropped by 140 points. Pay attention that EUR/USD falls when the USD rises, and vice versa, EUR/USD rises when the USD falls. Besides, take into consideration the trend and strong support levels. On the day of the release, the pair was trending up and when it met the 50-day moving average (the red line) it reversed up.

2.png

How to trade on US inflation?

Compare the actual Inflation Rate with the market forecast. The forecast tends to appear a few days before the release in the economic calendar. The strong Inflation Rate report can force the Fed to raise rates earlier than expected. It should push the USD up. Here’s the rule below, but remember that every rule has exceptions sometimes!

  • If the US inflation rate is greater than the forecasts, the USD will rise.
  • Otherwise – drop.

Check the economic calendar

Instruments to trade: EUR/USD, USD/JPY, all other majors, and also gold (XAU/USD).

LOG IN

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