How international news affect forex market?

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Thread: How international news affect forex market?

  1. #1
    israr_ali
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    Default How international news affect forex market?

    How international news affect forex market?
    Killing of Usama Bin Ladin, the Alqaeda's big boss is a huge news for the whole world especially USA and its allied forces.
    The oil prices on the following day of Laden's death fell about 3 per percent by $ 4.22 to $121.67. But according to a French news agency, the impact of bin Laden's death was ultimately negligible for the currency. The Forex market did not see any sudden fluctuation due to that news.

  2. #2
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    international market obviously effect the forex market.because suddenly growth in the oil few days ago,effect the market rate.although the forex market does not effect sudden flactuation.

  3. #3
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    dear in now a days trading is doing at the same time all over the world and if international way market id up set then ;local market is move in a down way so we can say that market is also effected .

  4. #4
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    Fundamental events are mainly responsible for market movements! Personally, I like to use NFP new events as I get minimum 100 pips move here within one min! On the other hand, I use news friendly broker TradingBanks, so I am ready to catch any big opportunities on news events! But, a good news trading skill is not available here and there!

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    in ro ham eslah kon:
    My trading life is going excellent just due to the support and facilities I got from my reliable and supportive broker Forex4you. In this world currency market this broker is very experienced and supportive. They always allow the advance risk management techniques such as stop loss; take profit or others so that the Forex traders can minimize their trading risk to increase the profit. I am earning good money and enjoying my trading.

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