⚠️ How do I interpret central bank statements for trading? Central bank statements provide valuable insights into a country's monetary policy and future interest rate decisions. Traders analyze statements for indications of potential changes in interest rates, inflation outlook, and overall economic conditions. Hawkish statements, indicating a potential interest rate increase, can lead to currency appreciation. Dovish statements, suggesting a potential interest rate cut, can result in currency depreciation. Traders should pay close attention to central bank communications and be prepared for market reactions following statement releases. #FAQ #NordFX