The five most important forex economic events affecting the US Dollar.
1. Non-Farm Payrolls (NFP)
- What does it mean? A component of the Bureau of Labor Statistics Employment Report, which is the single most important report on economic activity.
- Release schedule: First Friday of the month at 12:30 GMT.
- Importance: Extremely high impact expected in the forex market.
2. Trade Balance
- What does it mean? A measure of the trade between the U.S. and the rest of the world.
- Release schedule: Every month.
- Importance: High impact expected in the forex market.
3. Treasury International Capital System (TICS)
- What does it mean? Treasury International Capital System, the Treasury Department’s report on net foreign purchases of U.S. securities
- Release schedule: Usually around the 15th of every month.
- Importance: Medium to high impact expected in the forex market.
4. Gross Domestic Product (GDP)
- What does it mean? The value of all final goods & services produced in the U.S.
- Release schedule: Every month.
- Importance: Moderate impact expected in the forex market.
5. Consumer Price Index (CPI)
- What does it mean? A measure of the change in prices for a fixed basket of goods & services for a typical urban consumer.
- Release schedule: Every month.
- Importance: Moderate impact expected in the forex market.
