FX Trading: Commonly Used Indexes Part 1

Reading an index or multiple indexes can be a useful way of monitoring your trades and when to take action. Below is a list of some commonly used indexes in the forex trading market:•ANZ Commodity Price Index•Consumer Confidence Index•Consumer Price Index•Core PCE Price Index•Employment Cost Index•Ivey Purchasing Managers Index (PCI)•PCE Price Index•Philadelphia Fed Index•Producer Price IndexUnderstanding how these indexes work can help improve your trading techniques. You can decide which indexes fit into your style of forex trading, and which to overlook. Below we will discuss the Consumer Confidence Index

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