Every trader knows that news and releases have impact on the forex market. There are some news that have impact on the market like NFP, Interest rate decision, Unemployment rate etc.
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Every trader knows that news and releases have impact on the forex market. There are some news that have impact on the market like NFP, Interest rate decision, Unemployment rate etc.
2 days back US rating was decreased which effect the market a lot and Gold moved almost $100 in a single day because of this news.
:( well i will tell you the effect of news ( market news on tv) very bad coz just two days ago when the eurusd market had reached a high peak i was watching tv news to keep in touch with the experts as to what they say, they said it mit stay stable so i decided not to close my trade and left it and when i come back i was in -40$, real bad time,.......well i know this comment of mine is a bit different than all urs but just tht it was related to news so i thot of sharing it:(
for traders that have only small capital better to avoid from any news.sometimes the news show the low impact but something can happen in the market,signal for low impact became high impact.