Forex Economic Calendar
# Revised
Better / Worse
Units: index
| Impact | Actual | Forecast | Previous | Time | Date |
|---|---|---|---|---|---|
| High | 61.50 | 68.00 | 64.80 | 10:00 | 1/31 |
Source
Definition
Measures the sentiment of surveyed consumers on economic conditions.
Frequency
Monthly
Why should I care?
Consumer optimism is directly related to consumer spending, which makes up a large part of a country's economic activity.
USD
SMQ
Help
The OlsenScale (SMQ)
The Olsen Scale quantifies the market activity according to the Scale of Market Quakes (SMQ).
Similar to the Richter scale which measures the release of seismic energy during an earthquake, the SMQ relates excessive pricing along various price and time scales to historical data by assigning a single number to it. On a constant basis, the scale therefore characterizes the state of the market.
For more information visit OlsenScale.com
