
Disasters of the natural kind, such as a hurricane or typhoon or even an earthquake has the capability of consuming a great deal of a nations resources. Hence, Forex traders watch news of these types of natural disasters.
Political events, such as the U.S. presidential election cycle has substantial consequences on the valuation of currency; hence, Forex news incorporates updates on presidential candidates, general elections, primary elections.
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Tuesday, December 2, 2008
forex news
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Labels: forex news, forexgen
Broker | Financial News

When the United States Federal Reserve made its latest rate cut, one Forex news service indicated that the overall expectations for the U.S. Dollar were "falling like a rock".
Fears of a recession within the United States might drive the US dollar even lower than it already it is. (In Forex trading, the reality that the dollar falls is not thought of as a negative, provided that the trader leverages the fall when making a trade for higher priced, higher value currencies around the world).
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Broker | Financial News

Just to give you a few examples that are interesting from recent Forex news stories that FX day traders have encountered. Forex currencies are always traded in pairs. So stories typically refer to two different currencies.
These Forex news stories directly are correlated to finance and currency.
A recent story that indicated that traders had just tipped to a net short position right on the same day that the British pound increased to a 200 plus point rally. Forex trader carefully monitors the U.S. housing slump, trying to estimate the market for the mortgage futures.
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Labels: forex news, forexgen