4 Key Fundamentals to Watch in FX http://www.financial-spread-betting.com/forex/forex-trading.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE!
1) Interest Rates – this is the biggest one – higher rates attracts foreign investors
2) Employment – higher employment = higher spending, higher inflation / rate rise
3) Economic growth – consumer spending, house price growth. If house prices start going up it generally means that economy is improving. Evenutually it could lead to higher interest rates to stem inflation.
4) Commodity prices – If you’re trading commodity currencies the net importers or exporters are going to be affected by the value of that commodity. For example Canada are big exporters of petroleum products while Australia is a big exported of natural resources (copper/gold). Higher prices for the products that are being exported is good for the producer countries (and bad for the importers).

Check out our forex trading tutorials and strategies in the Forex playlist: https://www.youtube.com/playlist?list=PLnSelbHUB6GSkemabSElvunFNn0SoMUTF

Comments

Comments are disabled for this post.