Economic statistics such as unemployment figures, GDP, the Retail Sales Index, and the Consumer Confidence Index have the power to impact currencies, equities, and commodities around the world.
That’s why staying up to date with these reports and economic events is crucial to successful forex trading—they help keep you informed about where economies and currency values are headed.
Brad Alexander is an industry veteran who started trading the currency markets long before the advent of online trading. He owns FX Large Limited, which is dedicated to the provision of content for the forex industry; his clients include fintech companies, educators, and, of course, Valutrades. Brad is a self-confessed forex platform junkie who has worked with and created how-to content for most trading platforms, including MT4 and MT5.
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