What is the best leading indicator in forex price?
What is the best leading indicator in forex price?
- 7 Answers
- In Forex General
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- by
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- fuji022
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- 1 year ago
Answers
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In today's market, Bond Yields are just starting to predict the market as they did in 2008 and earlier. |
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The bonds spread, currency rates, any decisions from Chariman bernanke or a central bank. |
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Bond spread is a leading indicator in forex, the price of currencies can impact the monetary policy decisions of central banks around the world, but monetary policy decisions and interest rates can also dictate the price action of currencies |
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Bond yields eased on Monday tracking a lower US yields on over the weekend, but sentiment remained cautious on concerns on rising inflation after the government raised fuel prices on Friday. At 9:12 am, the yield on the 10-year benchmark bond was at 7.64 percent from Friday's closing of 7.65 percent. It rose as high as 7.68 percent on Friday, its highest since June 15. Safe-haven US Treasuries rose on Friday, sending benchmark yields toward one-year lows as evidence mounted that the short and lackluster economic recovery was at risk of fizzling out altogether. |
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The best leading indicator in forex price is bond yields. Bond yields are thought to be a good leading indicator of the stock market because bond traders anticipate and speculate trends in the economy (even though they aren't always right). |

