Empower your trading decisions with Blueberry Markets' comprehensive guide to economic indicators and their influence on forex markets.
How Do Unemployment Rates Affect The Forex Market?
Unemployment rates have an important yet indirect connection with the forex market. High unemployment signals economic distress, potentially weakening a nation’s currency. Conversely, low unemployment suggests a robust economy and a stronger currency. Central banks use these rates to shape monetary policies, affecting interest rates, which then positively and negatively influence currency values. Unemployment also […]
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