» Economic Data and Forex Trading

« Forex Trading Forecast: US Dollar
Asian Morning Update 14th May 2008 »

Economic Data and Forex Trading

Clues for currency tradingOne of the ways you can get clues about what to do in currency trading is to look at economic data. Often, the health of an economy influences how well a currency does in forex trading. This is why the currency market looks forward to major indicators of economic health. Some of the more important economic data indicators for forex trading inclued:

  • Jobs and payroll data
  • Interest rates
  • Retail sales
  • Housing market data
  • Manufacturing data
  • Consumer confidence
  • Consumer prices
  • Business confidence

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This entry was posted on Tuesday, May 13th, 2008 at 14:33 and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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