Currency strength
Sep 16, 2021 at 03:44
855 Views
6 Replies
Biedrs kopš
1 ieraksti
Sep 16, 2021 at 03:44
Does a currency become stronger during an unemployement rate
Biedrs kopš
125 ieraksti
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?
Biedrs kopš
10 ieraksti
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.
Biedrs kopš
15 ieraksti
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.
Biedrs kopš
12 ieraksti
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.
Biedrs kopš
742 ieraksti
Oct 04, 2021 at 01:20
The current situation in the market seems to change a bit. But nothing unexpected will happen.
Biedrs kopš
5 ieraksti
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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