There are so many foreign exchange data coming out every day, everyone is looking at it, what is hea

To do foreign exchange, you must have a global vision, and every move will form fluctuations in foreign exchange. However, although there is a lot of financial data every day, it is enough to selectively pay attention to important international news, and other small impacts can be directly ignored.

U.S. economic data has a greater impact on foreign exchange.

2.58 million financial news, which releases important international news in real time, and will do a simple long and short interpretation of the data.

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This week's data from various countries need to be released from Tuesday to take stock of the more important data:

Monday: Eurozone industrial production for December.

Results: The flat impact on banquet sales is not large.

Tuesday: UK CPI (January), Eurozone ZEW Economic Confidence (February), US Retail Sales (January).

Results: The balance between the British and the traveling countries was flat; The eurozone is slightly better, but the GDP is not good; The U.S. was worse than expected.

Wednesday: UK employment data for January Result: Slightly better than expected.

Thursday: US CPI for January, the number of people in the United States who renewed their claims for state funds last week.

Friday: UK retail sales for January.

It can be seen that Europe, the United Kingdom and the United States all have different data to be released this week, and the time distribution is relatively even, and it is expected that the possibility of a wide range ** this week is still very high. Relatively important to the correction are Tuesday's US retail sales data for January, Wednesday's UK unemployment rate and Friday's UK retail sales data. Operationally, the focus can be on the pound, and there should be relatively many opportunities.

In addition, JPY crosses should also perform this week.

This is the important data of the week.

In my opinion, the most noteworthy should be the interest rate decisions of the RBA, the RBNZ and the Bank of England.

Among them, the Bank of Australia announced the first interest rate decision this year, which is more noteworthy.

There are 5 main factors that affect foreign exchange**:

Balance of Payments: The balance of payments is the total amount of all economic transactions between a country and foreign countries in a certain period of time (usually within a year), which is a record of economic exchanges between a country and other countries.

Inflation Differences: Inflation refers to a sustained, general increase in the general level. The difference between domestic and foreign inflation is the dominant factor in determining the long-term trend of the exchange rate, and the ratio between the two countries is determined by the value they represent under the condition of non-cash credit money.

If a country's inflation is higher than that of other countries, that country's currency tends to depreciate in the foreign exchange market; Otherwise, it will tend to appreciate.

Interest rate: The abbreviation of "interest rate" is the ratio of the amount of interest to the principal amount of the loan over a certain period of time. We need to pay attention to the formulation of interest rate policies and the fluctuation of interest rates in various countries.

Market expectations: the amount of funds in the international financial market is huge, these funds are highly sensitive to the political, military and economic conditions of countries around the world, and the resulting expectations dominate the direction of the flow of funds, forming a huge impact on the foreign exchange market, and the expected factors are the most important factors affecting the foreign exchange market in the short term.

Intervention of monetary authorities: In order to maintain the exchange rate at the desired level, the monetary authorities of various countries will directly intervene in the foreign exchange market to change the supply and demand situation of the foreign exchange market, although this intervention can not fundamentally change the long-term trend of the exchange rate, but it still has an important impact on the short-term trend of foreign exchange.

The following is a list of three more important economic data, which can lead to changes in the exchange rate.

Unemployment rate: It is a sign of how good or bad the economy is. Rising unemployment means that economic growth is hindered; On the contrary, it means that the economic development momentum is good.

Consumer Price Index: It mainly reflects the change in the amount of goods or services paid by consumers. If the CPI rises sharply, in the short term, it will help interest rates rise, thereby supporting the strengthening of the pair; In the long run, it is essentially a depreciation of currency.

Consumer confidence index: refers to the expression of consumers' desire to consume, the index increases, indicating that consumers are willing to spend, which is good for economic growth, and the exchange rate rises; On the contrary, it is not conducive to economic growth, and the exchange rate will fall.