New York  London  Nicosia  Montreal  Sydney  Moscow 

USD
73.89
-1.33
-1.77%
 
AUD
91.72
0.00
0.00%
 
GOOG
695.7
+3.34
+0.48%
 
YHOO
36
-0.01
-0.03%
 
AAPL
94.19
-0.99
-1.04%
 
S&P500
2051.12
-12.25
-0.59%
 
NASDAQ
4725.64
-37.58
-0.79%
 
NYSE
10286.244
-79.586
-0.7678%
 
MMM
167.16
-0.81
-0.48%
 
AXP
64.26
-0.59
-0.91%
 
T
38.88
-0.03
-0.08%
 
BA
130.89
-1.6
-1.21%
 
CAT
74.24
-2.12
-2.78%
 
CVX
100.59
-0.73
-0.72%
 
CSCO
26.44
-0.42
-1.56%
 
KO
44.98
+0.14
+0.31%
 
DD
64.26
-0.57
-0.88%
 
XOM
87.94
-0.17
-0.19%
 
GE
30.07
-0.56
-1.83%
 
GS
160.07
-3.07
-1.88%
 
HD
135.16
+0.62
+0.46%
 
INTC
29.85
-0.51
-1.68%
 
IBM
144.25
+0.12
+0.08%
 
JNJ
112.22
-0.47
-0.42%
 
JPM
61.57
-0.99
-1.58%
 
MCD
129.33
+0.93
+0.72%
 
MRK
54.81
-0.27
-0.49%
 
MSFT
49.87
+0.09
+0.18%
 
NKE
59.11
-0.41
-0.69%
 
PFE
33.4
-0.3
-0.89%
 
PG
81.6
+0.5
+0.62%
 
TRV
109.73
-0.6
-0.54%
 
UNH
132.03
-0.43
-0.32%
 
UTX
100.67
-1.46
-1.43%
 
VZ
50.84
+0.16
+0.32%
 
V
77.07
-0.12
-0.16%
 
WMT
67.19
+0.19
+0.28%
 
DIS
103.67
-0.11
-0.11%
 
USD
73.89
-1.33
-1.77%
 
AUD
91.72
0.00
0.00%
 
GOOG
695.7
+3.34
+0.48%
 
YHOO
36
-0.01
-0.03%
 
AAPL
94.19
-0.99
-1.04%
 
S&P500
2051.12
-12.25
-0.59%
 
NASDAQ
4725.64
-37.58
-0.79%
 
NYSE
10286.244
-79.586
-0.7678%
 
MMM
167.16
-0.81
-0.48%
 
AXP
64.26
-0.59
-0.91%
 
T
38.88
-0.03
-0.08%
 
BA
130.89
-1.6
-1.21%
 
CAT
74.24
-2.12
-2.78%
 
CVX
100.59
-0.73
-0.72%
 
CSCO
26.44
-0.42
-1.56%
 
KO
44.98
+0.14
+0.31%
 
DD
64.26
-0.57
-0.88%
 
XOM
87.94
-0.17
-0.19%
 
GE
30.07
-0.56
-1.83%
 
GS
160.07
-3.07
-1.88%
 
HD
135.16
+0.62
+0.46%
 
INTC
29.85
-0.51
-1.68%
 
IBM
144.25
+0.12
+0.08%
 
JNJ
112.22
-0.47
-0.42%
 
JPM
61.57
-0.99
-1.58%
 
MCD
129.33
+0.93
+0.72%
 
MRK
54.81
-0.27
-0.49%
 
MSFT
49.87
+0.09
+0.18%
 
NKE
59.11
-0.41
-0.69%
 
PFE
33.4
-0.3
-0.89%
 
PG
81.6
+0.5
+0.62%
 
TRV
109.73
-0.6
-0.54%
 
UNH
132.03
-0.43
-0.32%
 
UTX
100.67
-1.46
-1.43%
 
VZ
50.84
+0.16
+0.32%
 
V
77.07
-0.12
-0.16%
 
WMT
67.19
+0.19
+0.28%
 
DIS
103.67
-0.11
-0.11%
 

Currency Values

Strong economies generally have strong currencies, when an economy is performing well, it means that corporations are making profits, most of the workforce is employed and, in most cases, interest rates are going up. The stronger the economy is, the higher the demand for workers becomes. As demand for workers goes up, wages for those workers also goes up. The more money workers take home in their paychecks, the more money they have to spend at retail stores, on cars and on houses. As demand for goods and services increases, the price for those goods and services also increases and this all leads to inflation. Central banks watch the following fundamental economic indicators to gauge the strength of an economy,

Gross Domestic Product GDP

Retail Sales

Durable goods orders

Employment.

Gross domestic product(GDP) refers to the market value of all final goods and services produced within a country in a given period. It is often considered an indicator of a country's overall standard of living. As GDP reports are often subject to substantial quarter-to-quarter volatility and revisions, it is preferable to follow the indicator on a year-to-year basis. It can be valuable to follow the trend rate of growth in each of the major categories of GDP to determine the strengths and weaknesses in the economy and therefore the potential currency movements.

Retail Sales are a measure of the total receipts of retail stores. Monthly percentage changes reflect the rate of change of such sales and are widely followed as an indicator of consumer spending. Retails Sales are a major indicator of consumer spending because they account for nearly one-half of total consumer spending and approximately one-third of aggregate economic activity.  

Durable Goods Orders are a measure of the new orders placed with domestic manufacturers for immediate and future delivery of factory hard goods. Monthly percent changes reflect the rate of change of such orders. Durable Goods Orders are a major indicator of manufacturing sector trends because most industrial production is done to order. Often, the indicator is followed but excludes Defense and Transportation orders because these are generally much more volatile than the rest of the orders and can obscure the more important underlying trend.

Payroll employment is a measure of the number of people being paid as employees by non-farm business establishments and units of government. Monthly changes in payroll employment reflect the net number of new jobs created or lost during the month and changes are widely followed as an important indicator of economic activity. Payroll employment is one of the primary monthly indicators of aggregate economic activity because it encompasses every major sector of the economy. It is also useful to examine trends in job creation in several industry categories because the aggregate data can mask significant deviations in underlying industry trends.

 

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