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Used for bahut zyada Hai market ki wo hoti hai lekin usko follow karne ke liye aapke paas news Kisi information Ka Hona zaroori hai. Agar Apke Pas news information. Market Mein Kabhi Bhi news se trading mat karo. Aise Bhi Ho Sakta Hai. Loss ho sakta hai.
Yes sir aapne bilkul theek kaha hai main agree karta hoon Forex trading Mein Mere Pyar Se news pay gap trading Karenge to aap acchi trading kar sakte hain Magar aap ke paas Forex trading information hona lazmi haiQuote:
Originally Posted by sudsind
Markets react to economic news from various countries, news the most powerful and more followed from US. This is because the USA represent the largest global economy and the US dollar is the reserve currency world. This means that the US dollar is involved 90% in all transactions on the Forex, making economic news on USA the most important to be followed.:good:
news source bohat helpful ha trading main successful hone ke lie hum bohat hi zyda profit le skte hian is se agr hum proper money management ko follow karte hue trading karian to hum successful ho skte hian trading main.
There’s just way too much information to try to process and way too many things to confuse any newbie forex trader. That’s some insane information overload if we’ve ever seen it.Quote:
Originally Posted by hpanoo
But information is king when it comes to making successful trades.
Currency price moves because of all of this information: economic reports, a new central bank chairperson, and interest rate changes.
Dollar held up after strong US manufacturing, construction data
* Fed minutes, more hawkish than expected, also support dollar Dollar index pulls away from 3-1/2-month low
* Greenback gains against safe-havens as risk assets rally (Adds quotes, updates prices)
By Shinichi Saoshiro
TOKYO, Jan 4 (Reuters) - The dollar edged up on Thursday after upbeat U.S. data and supportive minutes from the Federal Reserve’s latest policy meeting helped it shake off recent weakness.
The dollar index, measuring it against a basket of six major currencies, extended the previous day’s bounce to stand 0.02 percent higher at 92.183 . It had declined to 91.751 on Tuesday, its lowest since Sept. 20.
The dollar bounced after Wednesday’s strong U.S. manufacturing and construction data.
t gained further support as the minutes from the Fed’s Dec. 12-13 meeting were more hawkish than anticipated, indicating the central bank is still poised to raise interest rates several times this year.
Fed policymakers acknowledged the U.S. labour market’s solid gains and the expansion in economic activity, even as they affirmed worries about persistently low inflation.
That suggested the central bank will continue to pursue a gradual approach in raising rates but could hasten the pace if inflation accelerates.
“The dollar did feel downward pressure at the turn of the year, but the selling was not based on very strong factors,” said Masafumi Yamamoto, chief currency strategist at Mizuho Securities in Tokyo.
Rebalancing of positions caused by investors closing their books towards the turn of each year can lead to dollar selling.
“As such, strong U.S. data and the Fed’s minutes, which suggested board members were not as pessimistic towards the potential economic impact of U.S. tax cuts as many in the market expected, helped the dollar get back on course,” Yamamoto said.
The euro was little changed at $1.2016 after losing roughly 0.4 percent overnight. The common currency had surged to a three-month high of $1.2081 on Tuesday against a broadly weaker dollar.
The U.S. currency was 0.15 percent higher at 112.655 yen . It touched a 2-1/2-week low of 112.055 on Tuesday after declining steadily from a high above 113.750, scaled in December.
; hi brother thanks for nice post you need to use the installation of an application of Forex factory or investing.com in that site you need to install on your phone and update from all newses in upcoming days good luck to all
Increasing investor risk appetite in broader markets also supported the dollar, notably against perceived safe-havens such as the yen and Swiss franc. The latter was at 0.9778 franc per dollar after sliding 0.6 percent the previous day to pull back from a three-month peak of 0.9699.
Buoyed by overnight gains on Wall Street, Tokyo’s Nikkei began the first day of trading in 2018 by rallying 2.5 percent. Crude oil prices were at 2-1/2-year highs, helping fuel inflation expectations.
Makoto Noji, senior strategist at SMBC Nikko Securities, expects dollar/yen to stay around 110 yen in the medium term.