Economic news and fundamental events can have a significant impact on the forex market. Interest rate decisions, inflation data, employment reports, central bank speeches, and geopolitical developments can all create major price movements.
Some traders prefer technical analysis and focus mainly on charts, while others closely follow economic news and fundamentals before entering a trade.
I'm curious about how other traders approach fundamental analysis.
Do you check the economic calendar before every trading session?
Which economic events have the biggest impact on your trading decisions?
Do you trade during high-impact news releases like NFP, CPI, and FOMC, or stay away from the market?
Do you think fundamental analysis is necessary for short-term traders, or is technical analysis enough?
How do you handle unexpected news that causes sudden market volatility?
Share your thoughts, experiences, and strategies. It would be interesting to see how different traders use fundamental analysis in their daily trading routines.
Do you trade based on fundamentals, technical analysis, or a combination of both?