Forex reports can break at any time. This is a 24 hour market and statements are being made in different time zones all over the world. From time to time, there can be an unexpected event like a major disaster that will affect currency prices. While there’s not very much you can do about that, you definitely can monitor the upcoming events. Often it isn’t mandatory for a trader to be watching for forex stories from each country in the world. Some are going to affect you more than others. Industrial stories in the States has effects on us all thanks to the signification of the US greenback in the market. Beyond that, you’ll need to look out for stories from the nations whose currencies you trade.
Most brokers provide a free foreign exchange stories service in some form. Many also publish a foreign exchange calendar. Some will send forex news alerts to your e-mail, telephone or desktop.
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