{"id":1837,"date":"2019-11-07T10:20:28","date_gmt":"2019-11-07T07:20:28","guid":{"rendered":"https:\/\/roboforex.com/blog\/?p=1837"},"modified":"2023-12-01T17:26:30","modified_gmt":"2023-12-01T14:26:30","slug":"economic-indicators-the-basis-for-forex-trading-strategy","status":"publish","type":"post","link":"https:\/\/roboforex.com/blog\/blog\/2019\/11\/07\/economic-indicators-the-basis-for-forex-trading-strategy\/","title":{"rendered":"Economic Indicators - The Basis for Forex Trading Strategy"},"content":{"rendered":"\n

Let us have a look at the main economic indicators<\/a> and their influence at the currency rates. The knowledge and understanding of these indicators are the basics of fundamental analysis<\/a> and forecasting of price movements.<\/p>\n\n\n\n

<\/span>Interest Rate<\/a><\/span><\/h2>\n\n\n\n
\"Interest<\/figure>\n\n\n\n

Interest rate<\/a> is an efficient instrument of credit and monetary policy of the state. Increasing interest rates, Central banks regulate demand for loans, reducing it, which decreases the expenses of people and impedes economic development. This measure is meant, first and foremost, for reducing the inflation<\/a> rate and for prevention of overproduction of goods.
Decreasing interest rates leads to an increase in demand for loans, enhancing economic development.<\/p>\n\n\n\n

The size of the interest rate<\/a> is the basis for other economic parameters — rates of state and corporate bonds, credit rates for individuals and legal entities, etc. Central banks do not frequently change interest rates: this is a major market event, and all market players track such changes very carefully.<\/p>\n\n\n\n

There are the following types of interest rates:<\/p>\n\n\n\n