– If the consensus forecast is greater than the previous value, that means there are positive macroeconomic factors for this and, therefore, preconditions for the strengthening of the currency.
– If the consensus forecast is less than the previous value, then the opposite is true: there are preconditions for the weakening of the currency.
After the news and the actual value in the Economic Calendar are released, this value must be compared with the consensus forecast. The greater the difference, the more volatile the market reaction.