Economic News
Construction Spending : Economic Reports
The Construction Spending report must be one of the most underated economic reports and I have to admit, I have never bothered with it .Unless of course you are into construction and the construction labour market, it is of very little use to most traders.
Employment Report : Economic Reports
The employment report is probably the most important economic report fot the forex trader. I am very sure that the reader has come accross all those " How to Trade the Employment Report " forex gurus . I personally prefer the GNP economic report as it has more information but it only comes out quarterly.It […]
New Homes Sales : Economic Reports
Following our forex economic calendar topic ,how does New Homes Sales affect you as a trader? Especially following what has been going on the the USA stock and USD markets, how will it affect you as a forex trader?
New homes sales are important to measure as significant changes in consumer spending often appears in autos […]
Gross National Product: Economic Reports
The importance of the Gross National Product/ Gross Domestic Product ( GNP/GDP) can be seen by so many other indicators being created to try and predict the direction of the GNP/GDP.
GNP ie the Gross National Product ,is the total value of all final goods and services produced by a nation regardless of where the assets […]
Consumer Price Index : Economic Reports
This to me as a forex trader is the most important economic indicator. I don’t try to scalp it but it gives a general idea as to where the particular currency we are looking at might be heading. Unlike the romours and inuendo that Greenspan has a habit of offering recently at least this is […]
