This is all a part of a forex education

You have to be aware of the news that is happening in the economy if you plan on trading the forex market.  This is all a part of a forex education. When you’ve got news like Non-Farm Payroll, or interest rate decisions, there is a lot to pay attention.  It’s not just about the news that comes out, a lot of it has to do with what analysts were expecting.  If analysts were expecting a quarter interest rate hike, and it turns out to be a half point hike, there is going to be a big swing in the market.

 

This entry was posted on Saturday, October 31st, 2009 at 2:12 pm and is filed under Business.