Forex
News and fundamental announcements |
|
Fundamental
announcements
Fundamental announcements and forex news
such as Unemployment figures, interest rate changes, CPI
figures, Inflation, GDP, etc can cause huge swings in
the Forex market.
|
| You
will note that the Forex market usually looses steam just
before a fundamental announcement. That is because it is
hard to predict which way the market will move just after
the announcements.
Have
a look at the trade calendar each morning before you start
trading. The USA's unemployment figures are announced
every first friday of the month at about 08H30 EST and
their CPI at about the 13th of the month at 08H30 EST.
Barron's
Online Economic calendar is a good source for forex fundamental
announcements. Some of the most popular sources of fundamental
announcements are listed on this page.
Click
here to see what the economic
indicators mean |
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Trading foreign
exchange on margin carries a high level of risk, and may not be suitable for
all investors. The high degree of leverage can work against you as well as for
you. Before deciding to invest in foreign exchange you should carefully consider
your investment objectives, level of experience, and risk appetite. The possibility
exists that you could sustain a loss of some or all of your initial investment
and therefore you should not invest money that you cannot afford to lose. You
should be aware of all the risks associated with foreign exchange trading, and
seek advice from an independent financial advisor if you have any doubts
