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National Core CPI (YoY)
The present indicator estimates the price changes for goods and services obtained by country’s households in relative terms over the reporting period. When calculating the indicator, fresh food is not included in the indicator’s calculation. The indicator is important in determining inflation.
In this article, we will talk about the economic calendar and determine what is better to rely on when making a decision to open deals: forecasts or previous values of indicators.
Today we will study the reaction of the foreign exchange market to the publication of revised values of economic indicators. And let's see if it's worth relying on them when making a decision to enter the market.
Previous studies of rollback trading have revealed the usefulness of this strategy for a number of economic events in five countries. Let's see if trading on rollbacks is suitable for Japan events.