News Triggers. Does NOT Give Direction:
When Trading news, most asked Question is the direction.
Here is the answer;
How do you know it is good for currency. Are you Bernanke or Draghi?
There are thousands of different parameters that Central Banks looking for.
When a data good for currency today, tomorrow is NOT.
Only one Exapmle: Depending on the Export/Import Balance/Regulations/Plans/Forecasts,
when weaknes of currency is good for country today, tomorrow it will NOT.
When any data source saying "Its Good For Currency", this forecast most probably is according to the standart economic rules.
If still there is left some.
When Trading news, most asked Question is the direction.
Here is the answer;
How do you know it is good for currency. Are you Bernanke or Draghi?
There are thousands of different parameters that Central Banks looking for.
When a data good for currency today, tomorrow is NOT.
Only one Exapmle: Depending on the Export/Import Balance/Regulations/Plans/Forecasts,
when weaknes of currency is good for country today, tomorrow it will NOT.
When any data source saying "Its Good For Currency", this forecast most probably is according to the standart economic rules.
If still there is left some.