The news represents great profit opportunities for forex traders. by news, we mean various economic data releases. every major economy regularly publishes statistics like gdp, inflation, unemployment rate, etc. if you trade forex during the times of these releases, you have a chance to make a lot of money.. On the other hand , if news releases and the numbers are way out side of expectations, then you will see a massive move in which you should be prepared to trade if this style of trading fits your. While the markets react to most economic news from various countries, the biggest movers and most watched news come from the u.s.. the reason is that the u.s. has the largest economy in the world and the u.s. dollar is the world’s reserve currency..
Using straddle strategies to trade news releases. those forex traders who have access to the currency options market via their online forex broker can also buy a straddle strategy that expires after a major online forex news release.. One of the most interesting trading strategies that forex traders commonly employ is trading on economic news releases. specifically, closely watched economic news items such as the united states’ non-farm payrolls and, gross domestic product numbers tend to result in significant reactions in the forex market, especially if they differ substantially from the market’s prior expectations.. Trading based on news events . with the forex markets pretty much covering most of the globe, the news or fundamental events that affect the short term and long term price movements are many. almost every week there are key markets moving events that offer potential trading opportunities..
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