Currency strength

Sep 16, 2021 at 03:44
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6 Replies
Member Since Sep 16, 2021   1 posts
Sep 16, 2021 at 03:44
Does a currency become stronger during an unemployement rate
Member Since Oct 16, 2020   137 posts
Sep 16, 2021 at 11:09
Can you please elaborate on your question? Do you want to know the relationship between the currency strength and the unemployment rate?
Member Since Jun 11, 2020   11 posts
Sep 30, 2021 at 18:49
Hmmm... That is a weird question. What do you mean 'during unemployment rate'? If unemployment rate is high, then the currency will be weaker. However, currencies are influenced by many other factors too, so if you want to make a full fundamental analysis, unemployment rate will be just one of the factors that you should bear in mind.
Member Since Aug 30, 2020   15 posts
Sep 30, 2021 at 19:07
If you look at the situation without additional inputs, an increase in unemployment leads to a fall in the value of the currency - that's the standard way of looking at things.
Member Since Sep 14, 2020   12 posts
Sep 30, 2021 at 19:18
This is one of the key pieces of news.
And in any country.
So the specifics of this I would definitely recommend learning as much as possible.
Member Since Jul 19, 2020   788 posts
Oct 04, 2021 at 01:20
The current situation in the market seems to change a bit. But nothing unexpected will happen.
Member Since May 11, 2021   6 posts
Oct 05, 2021 at 19:17
I agree. While it is true that concomitant events can turn the market in the exact opposite direction to logic, it is important to look at the situation individually each month.
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