There are many fundamental news that are watched by traders. Among of them, I select several news that have big influence in price movements. I figured that not all of "good news" is good and vice versa. Let's discuss about them one by one sorted from the most important news (remember, the qualification for most important is based at my experience).
- Interest Rate Statement. The mother of all fundamental news is this one. If a central bank release higher rate, bigger possibility their currency will increase and vice versa.
- Inflation report (PPI,CPI). Many traders follow the perspective of forex sites but for this one, I choose to follow mine. Usually in many forex sites, if inflation report of a country is going up, they will say that is a bad news. But in my understanding, if inflation is going up then Central Bank has to raise the interest to cooling down the economic growth. So, if inflation is going up then currency will be follow in the same way.
- Non Farm Payroll (NFP). Since US$ is still the mother of any currencies in this world (at least until I write this article LOL), then we must accept that any reports about their economic will have a big influence in forex market. This news has a big impact for a short moment.
- Retail Sales. This report indicates the actual economic but be aware of season. In winter, usually it doesn't show right situation. If retail sales is up then the national economic is in good shape. So, inflation will follow and the interest rate, too.
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