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Monday, June 17, 2013

Five events affecting the Forex currency GBP (Sterling Pound)

If you are trading the currency pair GBP / dollar, Valrjoa the forex calendar will alert the economic developments that could affect the currency and refers to situations in which it is possible to bring you a profit. Here's five important events you observed on the calendar because they occur Forex fluctuations in the value of the pound and thus affect the currency pair GBP / USD

Retail Sales

This indicator measures the volume and value of sales where the consumer arranged in groups such as food and clothes, shoes and others. Are issued every month and affect the pound because consumer expenditures account for 70% of economic activity in Britain. According to figures in the month of August, sales in Britain fell by 0.4%

IP Index

This index measures the output of other production indicators such as electricity, oil, water, minerals and mineral extraction. According to the forex calendar, this information is issued every month and affect the currency from medium to high due to the influence of industry on the British export sector.


CPI (HCIP)

Is the European version of the consumer price index (CPI) measures the change in a specific set of goods or services designed to measure the size of an ideal consumer consumption live in a rural area, for example.

Unemployment rates
This indicator measures the numbers of people unemployed and looking for work continuously. In the month of July, the unemployment rate in Britain to 8.1, which fell by 0.1% from the previous year. The decrease was due to the support of employment on a temporary basis by the London Olympics. This indicator is important because it reflects the expectations of the future economy and consumer expenditures. These data are issued every month on the forex calendar.

RICS index

RICS hold an organization composed of specialists and Mbagesan monthly study of the British market, which is considered the best Mtbo a residential places. In August, the RICS index was about -19 and into that 19% of researchers reported that prices will fall. For this indicator has little effect on the British pound.

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