Just now someone asked how to look at expectations? Where to look for an answer:

1. How to look at expectations?

Many experts from major banks, investment banks, and research institutions will estimate an average value based on previous prices, oil prices, wages, and retail figures.

This average value is known as the 'market consensus expectation'.

2. Where can you see it?

Open the website and search for Forex factory - click on the calendar at the top to see when news will be released, for example, tonight at 20:30 the news on CPI, click to see the expected value.

CPI stands for 'Consumer Price Index', simply put,

the government checks every month the price increase of a basket of goods (food, clothing, housing). How much have prices increased? This increase is inflation.

✅ A higher CPI: means prices have increased significantly, money becomes less valuable.

✅ A lower CPI: means prices have increased less, inflation is cooling down.

Remember in one sentence: CPI is used to see 'how hot inflation is'.