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"economic Indicators And Their Impact On Usd: Forex Insights"

"economic Indicators And Their Impact On Usd: Forex Insights"

 "economic Indicators And Their Impact On Usd: Forex Insights" - Open Access Policy Institutional Open Access Program Special Issues Guidelines Processing Editorial Processing and Publication Ethics Processing Charges Articles Awards Acknowledgments

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"economic Indicators And Their Impact On Usd: Forex Insights"

Key papers represent cutting-edge research with the potential to have a significant impact on the field. A feature paper should be a substantial original article that incorporates several techniques or approaches, provides an overview of future research directions, and describes potential research applications.

Economics For Capital Markets

Papers are submitted individually for invitation or recommendation to the editors of Science and must receive positive feedback from reviewers.

Editor's Choice articles are based on recommendations from scientific journal editors around the world. The editors select a small number of articles recently published in the journal that will be of particular interest to the reader, or are important in the area of ​​research. It aims to provide an insight into some of the most interesting work published in various research areas of the journal.

Received: March 16, 2022 / Rev. : 19 April 2022 / Accepted : 20 April 2022 / Published : 22 April 2022 .

This publication addresses issues related to project development. The purpose of this publication is to show how fluctuations in economic indicators around business confidence are affected by the covid-19 pandemic. Business confidence is important because it significantly determines the decision-making process and ensures the growth and stable operation of the organization. Our study examined the G7 and E27 countries and Poland for 2015-2021 for comparison purposes. Among other things, for the purpose of the study, the following were done: literature analysis; Formulation of the study's research questions and hypotheses: Economic indicators that have a negative impact on business confidence during the COVID-19 pandemic; Data from the following databases were used: Eurostat, Gus, OECD, Economic Trade. The research presented shows that there is a relationship between the development of BCI and the development of economic indicators during the COVID-19 pandemic. This is particularly evident in the evolution of the pandemic at the end of the first quarter and the second part of 2020. During this period the index shows negative values. The study also shows the increased infection of COVID-19 in the first stage of the pandemic to the suspicion in the development of business activity, as shown by the Pearson correlation coefficient of the user −0.3982.

Coronavirus: How The Pandemic Has Changed The World Economy

The viability and growth of entrepreneurship depends, among other things, on economic stability, business opportunities and entrepreneurial potential. With the rapidly changing business environment and the expectations and demands of consumers, there is an urgent need for business owners to manage it faster and more smoothly. This is why trust is so important in today's business [1, 2, 3]. It is also an important area of ​​research for science, since business confidence can be developed in many ways.

The relevant literature on business trust shows many publications on investment, social and societal aspects in different industries. The authors of these publications analyzed, among other things, the relationship between business confidence and working conditions, the amount of production, work and the scale of investment [4, 5]. The purpose of the analysis of the business cycle is to show how to organize an organization or a country to achieve stability (performance, growth, macro levels) by carrying out different activities for a specific purpose, which leads to economic growth. business confidence [6, 7, 8, 9, 10, 11, 12].

However, a survey of the main databases (Web of Science, Scopi) shows that very few publications are focused on trust indices during the pandemic. Therefore, it can be stated that the issue of business confidence is rarely investigated, being limited in the overall assessment and literature. So, with this publication, the author wants to fill the research gap.

The purpose of this publication is to explain how volatility in economic indicators has affected business confidence during the COVID-19 pandemic. This publication addresses the following research questions:

Tracking The Covid 19 Economy's Effects On Food, Housing, And Employment Hardships

In addition, a hypothesis was formed: economic indicators have had a negative impact on business activity due to the COVID-19 pandemic. The considerations fostered in the study can act as a way to obtain adequate information about the operation of marketing mechanisms in crisis situations, such as the emergence and development of epidemics, which can lead to the implementation of protective measures or the development of initiatives more quickly. will be able Especially since the study includes strong market economies (G7), each of which has a significant impact on the global economy, where no significant changes are expected due to the pandemic.

This publication has the following structure: The author's next approach to analysis and research on the subject begins. Then, as part of the research presentation, various economic indicators are investigated. The author tried to present the relationship between the number of infections and the direction of changes of individual economic indicators. Further comparative analysis is presented in this part of the paper. After presenting the results of the research, the author shows how the business confidence index is developing during the pandemic. Explicit publication with the author's findings.

The outcome of trust can be analyzed from different angles, which are affected by many areas of research. In the first part, theology, human philosophy and ethics were considered. Over time, social trust began to surround psychology and sociology. Now, it is also a problem for the financial and business sectors, due to the impact on the financial system [13, 14]. For this reason, doctors and scientists in management sciences and economics show increased interest in this area of ​​research [15, 16, 17, 18, 19].

In other words, trust is a sign (with reference to personnel resource management (CRM), marketing activities, financial transactions, etc.), for different social groups (inside and outside the organization) between the connection and their movement to achieve the objectives. . Business means that it is based on trust, integrity and work based on principles, standards, law and data exchange (information) [7, 23].

U.s. Consumer Confidence Jumps As Delta Concerns Ease

Among others, Giga [24] or Dan Hahn [25] points out that the weakness of confidence indicators is the subjective reactions of stakeholders (mainly entrepreneurs and consumers), i.e. quality data often associated with short-term self-evaluation. . - new Research results show that a decrease in consumer confidence can reduce economic activities, production and investment [26, 27, 28]. Likewise, forecasts for individual sectors of the economy are subject to qualitative limitations. However, benefits (for example, unemployment) are economic indicators, reported monthly, which allow the analysis of the situation and determine the dependence and power of the effect within a given time series. In business trust research, it is necessary to define a specific time and method of analysis [29, 30], especially the use of dynamically changing factors, because BCI indices work extra-cyclically and essentially. The aforementioned reduction [26, 28, 31]. Therefore, the most frequently used are macroeconomics, namely the gross domestic product, the inflation rate, the unemployment rate, etc. This is important from the point of view of economy and development of the government. A recession is always a possibility, which limits business confidence and forces financial institutions to analyze the causes and mechanisms behind it. This allows us to focus on predicting economic activity [26, 32, 33]. It also affects government operations, for example, through subsidies to reduce taxes, which can have a positive impact on businesses or by increasing prices, interest rates and government investment. 35, 36].

Therefore, it is increasingly difficult to ensure stable growth in the global economy. This happens, among other reasons, globalization, digitization, automation and the development of smart technologies as well as economic recession or economic crisis or legal restrictions.

Given the frequent (and sometimes unexpected) changes in the global and domestic economy, it is important not only for the government to develop indicators for the purposes of macroeconomic management, but also for domestic enterprises to achieve their business performance objectives. . From these indicators, early "warning indicators" are important because they predict future economic events [37]. One such index is the confidence index. Different countries measure the business confidence index in different ways. For example, the index of business confidence in England (ICAEW) provides information on the state of the economy. In the United States (DFS), an index of confidence in small and medium-sized enterprises is developed. And in Poland (CBOS) public trust is analyzed. In Europe, the ZEW Institute and Erste Bank calculate the Eastern European Investor Confidence Index, and the Manufacturing Confidence Index was introduced by the European Commission and

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