Important indicators to evaluate the euro currency in Forex

Important indicators, Forex Calendar important in he alerts the rolling not only for the important events that greatly affect a particular currency such as the Declaration of the German constitutional court, but also published data in an orderly fashion, especially if they are higher or lower than expected. Here's the overview on some economic issues that affect the euro.

Survey work (IFO): known by issuing monthly under the forex calendar. This study is important in predicting the economic health of the group. The high reading reflects high confidence by the consumer and that appears when you rise in consumer expenditures. On the other hand, a low reading by means IFO study economic slowdown. And the impact of this on the euro is of medium to high. The index reading in the month of August 102.3, which were not 29 month low but identified the fourth month and then declined to read.

Retail sales in the euro zone: and also launches every month according to the forex calendar. This indicator reflects the results of the study of retail outlets and refers to the size of private consumption. The volume of retail sales for the month of July in the European Union increased by 0.2% each month and 1.7% each year. And the impact on the euro retail sales of medium to high.

Consumer Price Index (CPI): This indicator reflects the change in a certain basket of goods and services used by the ordinary consumer. When the consumer price index rises, this indicates that consumer prices rise with a parallel decline of purchasing power. He also launches fee core inflation, which excludes food and energy from the basket to accurately measure inflation trends. Year after year shows the CPI 2.6%, while core inflation up to 1.7% as in the previous month. The CPI affects heavily on the euro.

Gross domestic product (GDP): This indicator refers to the total output of the local economy for the European Union for a certain period of time and released on a monthly basis. And its impact on the euro average. In the second quarter record of GDP decline of 0.2% was not a variable in the first quarter.

Employment in the European Union: published every three months in the forex calendar. Employment figures, which records the number of people who are working in the currency pool and who reflect the state of the economy. According to figures from the first three months, the percentage of employment in the European Union from 277.000 to become 229.000 million. Analysts say that the decline in employment with the slowdown in wage growth suggests that consumer spending will be minimal and that the economy will continue to recede. However, very few employment impact on the euro currency