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Most people may have heard of the saying News Moves Markets. In the forex market this is particularly true because currencies are essentially confidence indicators for countries. Since forex is traded on a leveraged basis, the impact of news is magnified, making a small reaction turn into a large one.

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Economic announcements Share Almost every day there are major economic data releases that could have a significant impact on your current open positions. These important figures are seen as statistical evidence to back up views on whether or not a region is doing well. The figures that matter Most global economic data releases are similar across the major world economies but, for the benefit of example, the US and its currency will be used.

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