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Showing posts from February, 2020

Forex Trading on News Release

One of the key factors to understand the currency pair movements in Forex is to trade on the news. It is important for both the beginner and the expert trader to work forex trading on the news release, who aims to improve his professionalism in Forex. The FX trader must follow the news calendar for the properly planned trading period daily in the preparation of a  trading strategy . — knowing the exact time period when strong news to be released. — know how the market works when you hear the news. — Combine technical analysis and news. You must need to know what information affects the market more dynamically and what doesn’t. It’s very straightforward. Trade technique which has developed over many years shows that there are already some economic circumstances that have a considerable impact on  currency exchange  rate movement. Some of Market Impacted News: Inflation rate. Industrial production. Central bank interest rate decisions. GDP Rates. Business activi