Currency Trading for Beginners: Top Forex Statistics

Almost all are released on a monthly basis with the exception of the Unemployment Insurance Weekly Claims report, the F.O.M.C. meeting minutes which are released eight times yearly, and the Housing Affordability Index being released quarterly. All of the following reports can cause immediate short-term volatility when released and their results can change the direction of any currency pairs involving the U.S. dollar.

Bureau of Labor Statistics 

The Bureau of Labor Statistics is the part of the U.S. Department of Labor responsible for collecting and analysing economic data on current labor market and working conditions as well as key inflation indicators. The following reports can have market moving results.

Employment Situation

Employment Situation is released monthly and includes both non-farm payroll numbers and unemployment rate.

Non-Farm Payroll

NFP is the number of jobs added to the economy excluding farm workers, non-profit organizations, and private household employees.

Unemployment Rate

The unemployment rate is derived from the Household Survey which is made up of data collected from 60,000 households. Unemployment rate is calculated by dividing the number of people unemployed by the number of people working or actively looking for work.

Consumer Price Index

CPI is a measure in inflation based on the change in price of a set amount of goods and services from the time of reference until now. The time of reference is represented by a value of 100 meaning that a current value above 100 equates to higher prices as compared to the time of reference. The rate of inflation is represented by the monthly change in CPI.