How to Trade the News in Forex: 5 Events You NEED To Know!
In this video, we're going to take a look at the top 5 news events you need to know in order to trade the Forex market.
Max Norbury is going to provide his rigorous analysis and explain every important piece of information regarding the unemployment rate and GDP, alongside other crucial economic data such as consumer prices indexes, interest rates and Non-farm payrolls reports etc.
These events can cause big movements in the markets, so it's important that you're aware of them!
0:00 - Intro
0:17 - How does Unemployment Rate affect the FX market?
1:26 - How does Gross Domestic Product (GDP) affect a currency?
2:57 - How CPI (Consumer Price Index) impacts forex trading?
4:12 - What is the relationship between interest rates and foreign exchange?
5:30 - What is NFP and how does it affect the forex market?
7:45 - Conclusion
#tradethenews #nfp #forexnewsevents #gdp #cpi #unemploymentrate
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* The information provided in this video is intended for educational purposes only and is not to be construed as investment advice. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. There is a possibility you could sustain losses of some, or all of your initial investment and therefore seek independent financial advice if you have any doubts.
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