First of all, If the statistics show positive figures, the dollar appreciates in value.this should raise all currencies starting with USD / XXX and bring down all the XXX /USD LIKE BTCUSDT.
- If the statistics show red numbers, they are seen as negative for the dollar. this should bring down all currency USD / ... and raise all currencies ... / USD like BTCUSDT.
INTEREST RATES:
-Hight interest rate : in order to slow economic growth and prevent execessive inflation. it positive for currency of the country .
-Low interst rate :in order to stimulate economics growth and prevent excessive deflation. It negative for currency of the country.
PMI manufacturing data : It can have a bullish reaction if the published results are higher than expected for usd/xxx & bearish if the published results are below expectations for usd/xxx And it bring opposite reaction to xxx/usd.
Inflation and consumer confidence: if a positive economic signal, it brings a positive effect on a currency (usd/xxx).
Unemployment rate : if the statistics show increase ,it bring negative for currency (usd/...)& positive for (xxx/usd).
NON-Farm Payroll: It can have a bullish reaction if the published results are higher than expected for usd/xxx and bearish for (xxx/usd).
FOMC meeting : The Federal Open Market Committee is the division of the Federal Reserve that sets monetary policy by managing open market operations. By doing this, the Fed influences the fed funds rate, which impacts other interest rates.
* SO USD and xxx/USD MARKETS ARE VIS VERS ,when USD currency increase xxx/USD pairs will be decease.
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