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Business / Finance

The announcement of the main event on February 13

Forex Club 13.02.2019 at 05:43

Today on the market dynamics can be influenced by the following news:

Dear traders,

note the important economic events which will lead to higher volatility in the number of tools. We recommend you to take this information into account in trade.

Instruments: GBP/USD, GBP/JPY, EUR/GBP, GBP/CHF, GBP/CAD, FTSE 100 (Z), USDX.

Event: consumer price Index (yoy) (Jan), UK.

date and time: February 13, 2019 at 12:30 GMT.

Previous reading: 2.1%. Forecast: 1.9%.

Why is it important?

the consumer price Index (CPI) – the index published by the Office for national statistics and reflecting the dynamics of retail prices of goods and services comprising the consumer basket. Inflation erodes the purchasing power of the GBP. The CPI is a key indicator to measure inflation and changes in purchasing trends. In General, a high reading is positive (or bullish) for the GBP, while a low – negative (or bearish).

Tools: S&P 500 (ES), DJIA (YM), NASDAQ (NQ), EUR/USD, USD/JPY, and XAUUSD.

Event: consumer price Index excluding food and energy (yoy) (Jan), USA.

date and time: February 13, 2019 at 16:30 GMT.

Previous reading: 2.2%. Forecast: 2.1%.

Why is it important?

the consumer price Index published by the Department of labor statistics and measures the change in prices of a selected basket of goods and services over this period. Volatile products such as food and energy excluded for more accurate estimates. High result strengthens the US dollar, low - TERS.

have a good trading,

Command FXClub.

the GBP/USD, GBP/JPY, EUR/GBP, GBP/CHF, GBP/CAD, FTSE 100 (Z), USDX

Not found economic events 2019-02-13 for 2019-02-13