Forex News Utilization

Discussion in 'General Trading Discussion' started by Benigna Mazzi, Feb 20, 2021.

  1. Benigna Mazzi

    Benigna Mazzi Senior Investor

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    News plays a vital role in the forex market. It impacts price movement in the currency. The market becomes more volatile and less liquidate during news releases. News traders utilize the situation to make a profit. Other types of traders often avoid trade at that time. Spreads also become wider when volatility increases. So, it is best to trade brokers like Eurotrader which provide tight spreads for news traders.
     

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