Forex News: How You Should Analyse And Interpret Them [Part2]
In this video, I explained into details how you should analyse and interpret the news relating to currencies being low impact, medium impact or high impact. You need to take into account the actual release figure, the forecast figure and the previous release figure.
If the actual figure is greater than the forecast figure, then it is good for the currency meaning you should expect that currency to be strong against other currencies. Likewise, if the actual figure is less than the forecasted figure, it is not good for the currency so you should expect that particular currency to be weak against other currencies.
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Watch the beginner lesson from the start from the playlist below:
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