Types of fundamental news.

Even if you do not trade on news, it will be useful for you to know what types of fundamental news are divided into and what impact they have on fundamental market analysis.

And what impact, depending on this division, do they have on the rates of the currencies being studied.

First of all, all news can be divided into two categories - random and expected, random ones happen spontaneously, no one plans their appearance in advance, expected ones come out on schedule.

You can familiarize yourself with an analogue of such a schedule by studying the Forex calendar .

Each news, in addition to the release time, has several additional parameters.

Unexpected news - this category includes events such as natural disasters, catastrophes, political and economic events (defaults, bankruptcies).

Planned news - discount rates, unemployment and employment indicators, elections (when the date of publication of the results is known), balance of payments, etc.

What has the greatest impact on exchange rates?

As practice shows, news that was not known in advance has the greatest impact; most often such news is global in nature.

For example, a major earthquake affects the economies of several countries at once, and this also applies to economic defaults. What news should you consider in forex trading?

It would be more correct to say how to take news into account depending on its type when trading Forex.

When strong unplanned news is released, there is usually a sharp jump in the exchange rate; the trend is especially strong during the first few hours.

Therefore, trades should be opened immediately after the news is released. Unlike unexpected events, planned news influences the trend even before its release; often, even a few hours before the publication of data, a lot of forecasts appear, and it is these forecasts that form the existing trend.

Therefore, the news release itself may not have the expected impact on the trend if the forecasts turned out to be correct. You should not completely exclude news from your trading, since fundamental analysis perfectly complements technical analysis , especially when taking into account the release of news when opening and closing transactions.