As currencies from different countries interact in the Forex market they will face periods of appreciation or depreciation in their value respect to other currencies being traded in the global currency markets. For example a great depreciation can happen when driven by the panic of bad economic news in a country, most holders of the currency start trading it for more secure assets causing the currency of that country to depreciate; as for the ruble against the U.S dollar in the 1998 crisis in Russia.
Once you have access to a fast news data feed at Bloomberg then you can track the news and then determine the significance of the economic news report being released for the particular currency pair you are trading, if the news are not important, do not trade the pair.
LONDON, England (CNN) – World stock markets were in decline again Tuesday, a day after the collapse of one of the largest investment banks in the U.S. contributed to the worst day on Wall Street in seven years. Think about how intricate the forex market is. How many financial, political, and economic news comes out every single day. It is not as if Nigeria’s hopes of economic superiority rest on individual optimism and enterprise alone. Power your analysis and uncover unique insights with an extensive range of confidence indicators and global economic forecasts. If trade is expanding, it leads to economic growth as countries buy more goods, thus creating new jobs and providing more money for corporations. Personally, I think such negative economic titles in the newspapers are irresponsible and add to the consumer confidence issues, which appears to be 1/3 of the problem in the first place.
Welcome to Economic News Articles Blog – your source for educational free articles and news on your favorite topic like Economy and Economics. Bill Haslam and the Delta Regional Authority are scheduled to announce new West Tennessee economic development investments on Wednesday.
Which ever group that does get elected, they hold not only Iraq, but the future of the region’s economic health will be held in their hands. Also demand for gold is projected to increase from developing countries like china, Brazil, and India leading experts to believe that the only way gold is going in up. If you think that only economic issues influence the price of currencies, you are quite uneducated in the workings of the Forex market. As more newspaper layoffs occurs those with copywriting skills should consider coming online to market for online publications or to start your own business.