FX TERMINAL · ACADEMY

Inflation — forex lessons and courses

Every free FX Terminal Academy lesson and course on inflation: 7 lessons and 2 courses, each with a quiz and a link to the live tool that applies it.

Courses covering inflation

  • What Moves a CurrencyNearly every durable currency move traces back to one thing: a change in what the market expects a central bank to do. This course builds that chain from the ground up — from the interest rate differential, through the data that shifts expectations, to the releases you need to plan around.
  • Inflation Data ReleasesInflation is the data family that moves currencies hardest, because it maps most directly onto what a central bank will do next. This course takes each inflation release on the calendar in turn — headline CPI, core CPI, PPI, PCE and the European prints — and explains what it measures, which component desks read first, and how the surprise reaches the exchange rate.

Lessons on inflation

  • CPI: Trading the Consumer Price Index ReleaseOnce a month a single line of a government spreadsheet reprices every currency pair on your screen. This lesson takes the CPI release apart — who publishes it, what is actually in…
  • Inflation, CPI and the Rate PathCentral banks are mandated to control inflation. That single fact makes the inflation print the most consequential scheduled number in the currency market — and this lesson…
  • Core CPI MoM vs YoYEvery calendar prints core CPI twice — once month-on-month and once year-on-year — and traders routinely quote whichever one supports the view they already hold. This lesson…
  • Average Hourly EarningsAverage hourly earnings sits three lines below the payroll headline and is routinely the reason the dollar goes the opposite way to the job count. Wages are where the labour…
  • PPI: The Producer Price IndexPPI is usually filed under "second-tier data" and usually ignored. That is a mistake in one specific and very tradeable way: several PPI components feed straight into the…
  • PCE: The Inflation Gauge the Fed Actually TargetsThe Federal Reserve’s 2% target is not defined on CPI. It is defined on the PCE price index — a different basket, a different formula and a different release. Understanding why…
  • Eurozone HICP and UK CPIThe dollar is not the only currency with an inflation print. The eurozone and UK releases have their own quirks — a flash estimate assembled from national data that arrives first,…

About these inflation lessons

This page collects everything in the FX Terminal Academy that deals with inflation: 7 lessons and 2 courses. The list is generated from the lessons themselves rather than maintained by hand, so it stays complete as the Academy grows.

Every lesson is free to read in full. Each one ends with a short quiz and links into the FX Terminal screen that applies it, so an idea can be checked against live market data instead of staying on the page. No account is needed to read; signing in only saves your progress and issues the completion certificate.

Where to start

If inflation is new to you, start with the course listed above rather than a single lesson — a course orders its lessons so each one builds on the last. Use the lesson list when you already know which idea you want and would rather go straight to it.

Nothing here is investment advice. The Academy explains how the market works and how to read the data behind it; it does not issue signals or tell you what to trade.

Common questions

Are these inflation lessons free?

Yes, all of them, in full. There is no paywall, no trial and no card required, and the live terminal screens the lessons link to are free as well.

Do I need an account to read them?

No. An account is free and optional — it exists only to remember which lessons you have finished, carry that across devices, and issue a certificate when you complete a course.

Is a course better than reading the lessons individually?

For a subject you are new to, yes: a course orders its lessons so each one builds on the last. Read a single lesson when you already know which idea you want.

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