Staying Up-to-Date

Antho

Trader
Mar 16, 2023
40
6
19
23
What are some key factors that can impact the value of a currency, and how do you stay up-to-date on global economic and political developments that can affect the forex market?
 

Enivid

Administrator
Staff member
Nov 30, 2008
19,228
1,507
144
Odesa
www.earnforex.com
Everything that you find on Forex calendars + some important political and geopolitical news. Basically, you have to stay up-to-date with everything related to the given country. I recommend reading the Foreign Exchange Matrix book if you want to learn more about fundamental analysis.
 
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Chadpowell

Trader
Apr 8, 2023
89
21
24
New York
I will suggest you to Follow financial news outlets such as Bloomberg, Reuters, and CNBC.
Also PLEASE read The Intelligent Investor" by Benjamin Graham. This classic investment book provides insights on value investing and long-term strategies for analyzing stocks and other financial instruments based on their intrinsic value.
 
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wagtrader

Newbie
May 2, 2023
17
5
4
28
To stay up-to-date on the factors that can impact the value of a currency, such as economic indicators, political developments, market sentiment, and central bank policies, you can follow financial news websites, news agencies, and social media. You can also use economic calendars to keep track of upcoming economic events and announcements. Remember, staying informed is key to making informed trading decisions!
What are some key factors that can impact the value of a currency, and how do you stay up-to-date on global economic and political developments that can affect the forex market?
 
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Reactions: Antho

Antho

Trader
Mar 16, 2023
40
6
19
23
Everything that you find on Forex calendars + some important political and geopolitical news. Basically, you have to stay up-to-date with everything related to the given country. I recommend reading the Foreign Exchange Matrix book if you want to learn more about fundamental analysis.
It's great to know that staying up-to-date with Forex calendars and important political and geopolitical news is crucial for understanding currency value fluctuations. I'll definitely take your recommendation and check out the book 'Foreign Exchange Matrix' to delve deeper into fundamental analysis. Do you have any specific Forex calendars or news sources that you find particularly reliable and informative?
 

Enivid

Administrator
Staff member
Nov 30, 2008
19,228
1,507
144
Odesa
www.earnforex.com
It's great to know that staying up-to-date with Forex calendars and important political and geopolitical news is crucial for understanding currency value fluctuations. I'll definitely take your recommendation and check out the book 'Foreign Exchange Matrix' to delve deeper into fundamental analysis. Do you have any specific Forex calendars or news sources that you find particularly reliable and informative?
I use several calendars. We have recently updated a guide that can help you choose a good one that fits your requirements:
https://www.earnforex.com/guides/top-forex-calendars/
 
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CallahanSinclair

Active Trader
May 13, 2023
135
16
34
40
What are some key factors that can impact the value of a currency, and how do you stay up-to-date on global economic and political developments that can affect the forex market?
Engaging with forex trading forums and online communities where traders and experts share their insights and discuss market events can be a good way to stay up-to-date. These platforms can provide alternative perspectives and valuable discussions on global economic and political developments.
 

thomas_novak

Banned
May 1, 2023
44
11
19
23
Stay updated on global economic and political developments through financial news outlets and online platforms for real-time forex market updates.
 

Sk Sinha

Newbie
Apr 8, 2023
5
1
4
33
What are some key factors that can impact the value of a currency, and how do you stay up-to-date on global economic and political developments that can affect the forex market?
Keep your eyes on worldwide inflation and deflation rate, Forex calendar and geopolitical events because these are the factors that have impact on currencies.
 

Ara

Active Trader
Apr 24, 2023
133
26
39
34
What are some key factors that can impact the value of a currency, and how do you stay up-to-date on global economic and political developments that can affect the forex market?
Follow news, economic calendars, fundamental analysis, social media, and forex trading platforms.
 

Oli_jackson

Active Trader
Mar 27, 2023
104
14
29
45
You can use the following method to stay up to speed on global economic and political issues that may affect the currency market:
Begin by visiting reliable news sources such as Reuters, Bloomberg, and the Financial Times on a regular basis. These sources provide thorough coverage and keep you up to date on current events.
Use economic calendars given by services such as ForexFactory and Investing.com as well. These calendars highlight key economic statistics, central bank meetings, and other major events that influence currency fluctuations.
It is also critical to pay attention to central bank official announcements and speeches, as they have a significant impact on currency values and market sentiment.
To learn more, read analysis and research papers from reputable financial institutions and analysts. These publications offer significant insights into how the global economy works.