Dear all,
What does this mean: "Actual' greater than Forecast is good for currency"?
I have been looking at news for last month or two and almost every time that "Actual" was greater than "Forecast" for USD, the dollar headed down. I always assumed that this should mean that the price of USD should go higher. Soooo...I'm a little confused
What does this mean: "Actual' greater than Forecast is good for currency"?
I have been looking at news for last month or two and almost every time that "Actual" was greater than "Forecast" for USD, the dollar headed down. I always assumed that this should mean that the price of USD should go higher. Soooo...I'm a little confused