The movement of currencies largely depends on macroeconomic performance and data of the economy. In this chapter on School Of Stocks, we have explained how to analyze economic data and make more informed decisions while trading currencies. Learn how GDP, Consumer Price Index (CPI), Retail Sales, Consumer Confidence, Manufacturing PMI etc. affect the value of the Indian Rupee.
For more details, read Analysing Economic Data – Currencies Module – School of Stocks.