Or are you just starting out with forex or have experience in this, but it is very important that you stay up to date with all the Forex news that take place in this area. Staying intact with what is happening around the world in your industry can sometimes cause admiration. Moreover, it seems a globalized world, that something happens somewhere every moment.
Here we list some of the latest news that took place in the Forex industry, and around them, as well as in some way affect your business. Remember that the currency exchange is always in pairs, so you will need to receive relevant news about the comparison of two different currencies or commodities. A few examples of relevant news which would affect the various currencies around the world;
– Recent history has reported that retailers just leaned to the net short position on the same day when the British pound rally scored 200 points plus.
– Forex traders very closely watching the fall of housing in the US, estimating the mortgage market f & # 39; yuchersav.
-If the US Federal Reserve made its last rate reduction, one service Forex News reported that the expectations of the US dollar "fell like a rock."
– Fears of a recession in the US could make the dollar even lower than it is. (The trade Forex that dollar drop is not considered negative, while the trader uses drop at higher securities trading currencies around the glove.
Most people have formed the wrong impression that the news about the currency and finance – is the only thing that interests any forex trading, but political news is very important, as they can give you a hint of political movement of different nations and at where is their country. . You need to make sure that you follow the trend, which goes all over the world.
Foreign exchange and financial news – not only news of interest to investors and Forex traders. Forex traders are also interested in political news that can affect the country's currency.
-Tragichesky events such as the murder of a political leader can affect currency f & # 39; yuchersy in a country where there is, and can have a ripple effect in surrounding areas; for example, killing Bhutto in Pakistan.
-Naturalnyya disaster such as an earthquake, hurricane or typhoon can consume a significant amount of the country's resources; Therefore, Forex traders watch news of such disasters.
-Palitychnyya events such as the US presidential election cycle, have a significant impact on the assessment of the currency; Therefore, Forex news updates containing the presidential candidates, primary elections and general elections.
Forex news services add value to the news that they are analyzing current events and predicting how they will affect the exchange rates of various currencies around the world.
Some popular sources of research and forex analysis: Daily FX, Rabobank Technical FX Daily, Scotia FX, TRL, Mizuho Corporate Bank, CIBC World Markets, BHF Bank and Mellon Foreign Exchange.