Inflationary pressures increasing due to imports
ISLAMABAD: Pakistan’s inflationary pressures have been increasing in recent months mainly because of imports of essential food products, petroleum...
Consumer Confidence Index (CCI) is a forward-looking economic data that is collected by interviewing 5,000 U.S. households. It is a highly volatile economic indicator that is published monthly by the Conference Board and plays a major role in the forex market. It is helpful to consider analyzing the current CCI of both currency pairs. A rising CCI means traders could benefit from the currency appreciation, and vice versa.
