1. WHY LIVE FOREX NEWS ARE SO IMPORTANT FOR SUCCESS
The Forex or foreign exchange market facilitates international trade and investment, a market
where banks buy and sell currencies. The advent of the modern Forex markets is traced back
to the times when countries started getting out of fixed exchange regimes and started
adopting floating exchange rates. Forex trading was previously in the exclusive domain of
large financial institutions that bought and sold currencies on behalf of their clients. It was
necessary for banks and large corporations to keep abreast with the latest Forex news to be
able to hedge their trades.
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2. WHY LIVE FOREX NEWS ARE SO IMPORTANT FOR SUCCESS
Foreign currency trading is now allowed
for the small investors, which makes
Forex news all the more important for
investors to place profitable trades and
managing risks associated with trading
in markets.
Trading in foreign currency is almost
similar to trading in stocks listed in a
stock exchange. However, there are
some features that are typical to the
Forex market. The Forex market is
marked by its geographical dispersion,
a wide variety of factors that affect
exchange rates and huge trading
volumes. In fact, the foreign exchange
market is the biggest market in the
world with average daily volumes in
excess of $4 trillion. It is open all
through the day and allows the use of
leverage for placing trades of the value
that is far in excess of the amount in
your account with the broker.
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3. WHY LIVE FOREX NEWS ARE SO IMPORTANT FOR SUCCESS
Just as share price indicates the health of a company, currency value is one of the prime
indicators of the health of a country’s economy. However, contrary to share value which is
reflected as a money value, currency values are reflected in relation to the value of another
country’s currency. Foreign currencies are traded in pairs such as USD/JPY (United States
Dollar/Japanese Yen), EUR/USD (Euro/United States Dollar) and so and so forth. This means
that when you are trading in a particular currency pair you need to access Forex news relating
to both countries.
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4. WHY LIVE FOREX NEWS ARE SO IMPORTANT FOR SUCCESS
Forex news provides political and
economic information and commercial
market trends that are likely to affect
currency values. Such information
includes news regarding political stability,
inflation rates, trade balance and industrial
production. For example, if a country is a
big exporter of commodities, rise in
commodity prices indicates a rise in
currency value as well. The Australian
dollar is a typical example.
Despite the recent economic slowdown
the world over, the value of the Australian
dollar showed immense strength as
Australian economy depends highly on
commodity exports. The rising price of
gold, minerals and agricultural produce led
to the price of Australian dollar rising in
relation to practically all other currencies.
Only those currency traders with access to
live Forex news and the ability to interpret
them were able to benefit by going long on
the Australian dollar.
Why Live Forex News Are So Important for Success ( Courtesy of HenryLiuForex.com )

5. WHY LIVE FOREX NEWS ARE SO IMPORTANT FOR SUCCESS
Similarly, two recent newscasts emanating from USA, the decision to withdraw troops from Iraq
and the desire to double US exports within a few years, indicate a rise in the value of the US
dollar.
It may take some time to interpret the impact of Forex news on currency values but if you take
time you will be able to find a reliable online source that will take you along. Look for a source
that provides technical charts, fundamental analysis, reviews and articles along with live Forex
news.
Why Live Forex News Are So Important for Success ( Courtesy of HenryLiuForex.com )