How to Trade Consumer Price Index (CPI) Against the Dollar Quote in Financial Markets.
Top secret information about CPI.
Trading CPI in the financial market is very volatile and not knowing the direction of the market price can put your money at risk.
Am going to put in details how to trade the CPI in any Financial Markets. We all know what the Consumer Price Index(CPI) means in the Financial Markets.
If CPI increases than the previous report, inflation increase , the strength of the dollar will weak hence any base quote against the dollar will go up ( i.e Buying ) . On the other hand, if CPI decreases than the previous report, inflation decreases, the strength of the dollar will be strong hence any base quote against the dollar will go down ( i.e Selling) in the Financial Markets.
Example ; like today the CPI result , the previous was 0.2 % and when new data came at 0.3% . Obviously you could see CPI increased than the previous. Now you could see all the Markets against the dollar quote was buying and going up.
Disclaimer; This content aims to improve readers, you should get more information from multiple sources (DYOR),before setting up your own strategy. All buying, selling and crypto investment activities are responsibility of the reader.
