Fundamental Beans

Economic Figures & Forex Trading


Jul.20.2013

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Each of the previously mentioned economic figures and their reports can affect the forex market. The economic figures are available on many economic news sites such as Bloomberg, Yahoo Finance, MarketWatch and ForexFactory. Here is a summary and cheat sheet for your fundamental analysis, which will enable you to instantly figure out the direction of the currency you are trying to trade:

Danial Fig16 03

 

For all of these, depending on the economic situation, there are exceptions. That is why you should make a habit of listening to reliable analysts such as Invest Diva on a regular basis , and comparing your ideas with other forex traders on the Forex Diva Community.

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