Forex Trading

How does world events affect forex trading?

World events are unpredictable and if they happen in within a trading day, then it might be detrimental to your investment. Therefore you would need to keep yourself abreast with what is happening in the world. Therefore a live stream of world news on your computer or television would be your best source of ‘first hand’ news. While they might not ‘teach’ you on what to buy or sell, you will need to then choose wisely and make your judgement based on your experience. For instance, America going for war might spark a rise in the US Dollar.]]>