News events can cause significant volatility in the Forex market. Economic indicators like non-farm payroll data, GDP reports, and central bank announcements can lead to rapid price movements.
Traders often use an economic calendar to stay informed about upcoming news events and adjust their strategies accordingly. Some traders specialize in news trading, seeking to profit from sharp market reactions.
Traders often use an economic calendar to stay informed about upcoming news events and adjust their strategies accordingly. Some traders specialize in news trading, seeking to profit from sharp market reactions.