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Top Macro Economic Data Releases for Trading: GDP

Top Macro Economic Data Releases for Trading: GDP

6 Years ago | March 02, 2014 00:00:00

 

Like it or not we cannot get away from the fact that the release of news impacts the forex markets. Anyone who tells you that the news is all priced in credits the market with having knowledge it simply cannot have. This is not to say that the reaction of the markets to news is always the same or always predictable.  Nevertheless, even if you don’t trade on the news, and we readily admit that trading on news has become increasingly difficult with algos getting the news and trading on it ahead of the rest of the markets, it is in your interest to know what and when key items are set for release and their possible impact could be on your positions.

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