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The England News Indices: GDP
The most important news released in Britain is GDP.
Its calculation and comments issame as the one in the U.S and has a high impact on Sterling.
Release Time: The third to fourth week of the new season at 08:30 (GMT)
The England News Indices:Trade Balance
Trade Balance shows the difference between imports and exports of the nation.
Trade balance is one the most important part of “Balance of Payments. It has a great impact on the value of the Pound.
Positive figures show the higher Sterling dominated value on exported goods against the imported values. The negative trade balance shows the lower value of exported goods against imported values which is called trade deficit.
Negative trade balance is known as trade deficit which shows the amount of Sterling going out of the nation is greater than the amount coming in. Except, it is covered by the country’s net inflow. The data is released according to billion Pound.
Considerable changes in the data has high impacts on the currency.
Release Time: On 9th – 14th of the month at 08:30 (GMT)
I don't understand what you say.
These are good informations for the beginners and experienced traders and let us to know more about forex and the factors affects it and so we can read the news and its effect on the market with high percentage of success, and so this will decrease the risk and let us to determine the direction of movement of the market during news release and after release, for me i avoid trading with the news because it is risky for me and i failed before trading with news and got much loses and so i see the calendar first to see if news is coming or not and then if there is a news i wait until the effect of the news end then start to trade or put pending orders up and down then wait to see where the market will go and which order will be activated.
When we are trading with the help of the News we must understand that it is very Risky for us.
Originally Posted by Sameeh
We will need to understand the importance of news based trading.
Originally Posted by FXOpen Trader