Let us have a look at the main economic indices and their influence at the currency rates. The knowledge and understanding of these indices are the basics of fundamental analysis and forecasting of price movements.
Tag: interest rate
The size of the main interest rate is the base for the interest rates of other instruments, such as state and corporate bonds, credit rates for legal entities and physical persons. Central banks resort to changing interest rates rather seldom; such changes are considered major market events, and market players keep a close eye on them.