To use chat, please login.
Back to contacts

Currency strength

Sep 16 2021 at 03:44
1 posts
Does a currency become stronger during an unemployement rate
yana hansen (78678676)
Sep 16 2021 at 11:09
137 posts
Can you please elaborate on your question? Do you want to know the relationship between the currency strength and the unemployment rate?
Sep 30 2021 at 18:49
11 posts
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.
Sep 30 2021 at 19:07
14 posts
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.
Sep 30 2021 at 19:18
12 posts
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.
Oct 01 2021 at 06:56
939 posts
In general, the situation can of course change, but not critical
Oct 04 2021 at 01:20
788 posts
The current situation in the market seems to change a bit. But nothing unexpected will happen.
Oct 05 2021 at 19:17
6 posts
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.
Please login to comment .