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    spending, the better the economy is. The better the economy the stronger the currency.

    4. Federal Reserve Chairman Speaks: These speeches can sometimes cause major buying or selling of currencies. Especially if the speakers sentiment has changed from what traders had been previously he

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    When you look at an economic forecast calendar for the Forex Market you begin to think you’ll be spending all your time studying the economic climate of several countries instead of actually trading. The good news is there are a few key news announcement each month and if you concentrate on those, you will have plenty of time to trade. Here we will discuss some of the monthly news announcements that tend to really make the Forex market move.

    1. USD Non Farm Payroll: This is one of the favorites of Forex news traders. Big moves in the market can happen the second these numbers are released. What these numbers are is the number of new jobs created the previous month. Of course, as the number of new jobs increases the value of the USD should increase against other currencies. This report comes out the first part of each month.

    2. Interest Rate Statements: When a country releases a statement that they will be increasing the interest rate on short term loans, the value of their currency rises. Decreasing these rates has the opposite effect.

    3. USD Core Retail Sales: The higher this figure, the more people are spending. The more people are spending, the better the economy is. The better the economy the stronger the currency.

    4. Federal Reserve Chairman Speaks: These speeches can sometimes cause major buying or selling of currencies. Especially if the speakers sentiment has changed from what traders had been previously hea

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    those, you will have plenty of time to trade. Here we will discuss some of the monthly news announcements that tend to really make the Forex market move.

    1. USD Non Farm Payroll: This is one of the favorites of Forex news traders. Big moves in the market can happen the second these numbers are released. What these numbers are is the number of new jobs created the previous month. Of course, as the number of new jobs increases the value of the USD should increase against other currencies. This report comes out the first part of each month.

    2. Interest Rate Statements: When a country releases a statement that they will be increasing the interest rate on short term loans, the value of their currency rises. Decreasing these rates has the opposite effect.

    3. USD Core Retail Sales: The higher this figure, the more people are spending. The more people are spending, the better the economy is. The better the economy the stronger the currency.

    4. Federal Reserve Chairman Speaks: These speeches can sometimes cause major buying or selling of currencies. Especially if the speakers sentiment has changed from what traders had been previously he

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    ers are released. What these numbers are is the number of new jobs created the previous month. Of course, as the number of new jobs increases the value of the USD should increase against other currencies. This report comes out the first part of each month.

    2. Interest Rate Statements: When a country releases a statement that they will be increasing the interest rate on short term loans, the value of their currency rises. Decreasing these rates has the opposite effect.

    3. USD Core Retail Sales: The higher this figure, the more people are spending. The more people are spending, the better the economy is. The better the economy the stronger the currency.

    4. Federal Reserve Chairman Speaks: These speeches can sometimes cause major buying or selling of currencies. Especially if the speakers sentiment has changed from what traders had been previously he

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    When a country releases a statement that they will be increasing the interest rate on short term loans, the value of their currency rises. Decreasing these rates has the opposite effect.

    3. USD Core Retail Sales: The higher this figure, the more people are spending. The more people are spending, the better the economy is. The better the economy the stronger the currency.

    4. Federal Reserve Chairman Speaks: These speeches can sometimes cause major buying or selling of currencies. Especially if the speakers sentiment has changed from what traders had been previously he

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    spending, the better the economy is. The better the economy the stronger the currency.

    4. Federal Reserve Chairman Speaks: These speeches can sometimes cause major buying or selling of currencies. Especially if the speakers sentiment has changed from what traders had been previously hearing.

    5. USD Empire State Business Conditions Index: A survey is given to New York State manufacturers that asked how their business is doing. If business is increasing, the USD should increase.

    6. USD Trade Balance: If more goods and services were exported than imported the USD should increase in value.

    There are six to get familiar with. There are many more but, why make it more difficult than it really is. Get a good grasp on these and then take a look at more. Some traders only trade two or three of these each month and earn a good living doing just that. You are in and out of the trades within about an hour or so. Look into finding a good solid news trading system. Test it for awhile and when you get comfortable start trading the news. It sure beats staying glued to a computer all day trying to day or swing trade.

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