QuoteDislikedOne of the beneficial aspects of trading forex is that the forex market is open 24 hours a day, five days a week. Economic data is one of the most significant catalysts for short-range price movement in any financial market, but it is more applicable to the forex market which shows a great response to the U.S. economic news, and as well to the economic news from different parts of the world.
As a general rule, nearly seven pieces of economic data are released every day from the eight major currencies or countries that are mostly followed closely in the financial market. Therefore, if you decide to trade the forex on news releases, you’ll have numerous trading opportunities available. In this article, we’ll cover the economic news releases that are commonly traded by forex traders and how you should trade market-moving data.
To read the full guide - How to Trade Forex On News Releases
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