What Makes Some Economic Indicators More Important Than The Others?

Monday, January 5, 2009

Every economic indicator has the power to influence the Forex market, it’s just the degree of influence that ranges from low to medium to high. Which ever indicator is carrying the news capturing most of markets attention gets more significance than the other ones.

News carrying high GDP data of a certain country or information about high employment rate in another is bound to make greater news than others, as these factors are directly effecting, rather boosting the economy of those countries.

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