OmarAminuddin
Mitglied seit Sep 16, 2021
1 Posts
Sep 16 2021 at 03:44
Does a currency become stronger during an unemployement rate
yana hansen
(78678676)
Mitglied seit 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?
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.
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.
Wittonlord
Mitglied seit 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.
And in any country.
So the specifics of this I would definitely recommend learning as much as possible.
In general, the situation can of course change, but not critical
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