Trading Forex News Releases

Due to the frequent number of releases of economic data globally there are many opportunities to trade news releases in the forex market. US economic indicators have the largest impact on the market, and the most important figures are normally released between 8:30 and 10:30 EST. The most influential US data for the forex market are dispursed through the Employment Report, (including Non-Farm Payrolls) and Interest Rates (FOMC Rate Decisions). These figures normally create a high degree of volatility in the market, sometime creating trading ranges of over 100 pips and significant opportunites for traders.

See also: Economic Indicators, Fundamental Analysis