If you are a forex trader in the foreign exchange market, you will soon realize that you get along with the technical analysis that you create based on the tables and graphs / charts not alone. Is it enough in the stock market might get by with a technical analysis, is hardly in the Forex market. Because states have not as a record company statement. Your currency will depend on the economic conditions. And can, therefore, to create a fundamental analysis to historical or current data as well as economically held events in order to derive the volatility and explain.

Let us consider some of the most important factors that can influence a currency:

- Geopolitical events - war, terrorism, political

- Policy frameworks such as confidence in the government of a country, its stability and its prospects

- Federal Reserve announcements (central bank announcements) - FOMC announcements and Beige Book (in him the twelve regional central banks in the U.S. report on the economic activities) in their region

- Employment data - the percentage of unemployment rate

- Foreign Trade Balance

- Interest

- Inflation data

- Gross domestic product (GDP)

- Consumer Price Index (CPI)

- Product Price Index

- Industrial Production

- Retail Sales

If the key market data are announced, the FX market usually responds with a very volatile price changes. To get lost in the jungle, this is not hopeless masses of information, one should observe particularly the developments in the U.S., with its key currency to the dollar.

For this you have to know a few things to it to be smart. - The main data that are moving the market is usually issued at the start of U.S. trading at 8.30 clock in New York

- The largest shares are on the first Friday of each month, the U.S. labor market data (NFP Non Farm Payrolls) and the unemployment rate

- The day before, during and after the FOMC (Federal Open Market Committee / FOMC) announcement are unstable

- Geographic disorder causing uncertainty as to weaken the stability of exchange rates - the major currencies and uncertainty strengthens the flight Currencies

- If a country has a negative (more exports) as an import, then decreases the demand for domestic currency, which has a negative impact on the exchange rate of the domestic currency. Is foreign trade balance is positive, experiences the domestic currency is usually an appreciation

- The inflation rate rises to the of foreign countries will import more and experiencing a foreign currency appreciation. Exported more, leading to the appreciation of its currency

- Interest: If interest rates abroad, higher than that in our own, is placed there more. The foreign currency rises. Is the interest in their own countries higher, so does the value of their currencies, because foreign countries are here to invest money.

Since the dollar plays a major role as a reserve currency, it is a special focus on the Employment Friday (directed employees Friday).

Employment Monday - Friday employees

The Employment Friday as he is called on all Handelslätzen the world, is the date on which gives the U.S. government's latest survey of the employment figures for the previous month for the entire United States known. The two components which are then the traders are employing non-farm payrolls (NFP) and the unemployment rate (%).

Wicker Park, the markets are waiting for the publication of the data and once they are announced, they react quickly and sometimes extremely violent. Of course, the markets are also affected by the number of fixed-income securities, both domestically and internationally, through the equity markets and the exchange rates of Denmark, South Africa and Norway.

U.S. currency - The Benchmark / The benchmark

You may be wondering: Why are moving in a global market, the data of a single country, the entire global market position. The fact is simple, the U.S. dollar as reserve currency is the currency benchmark dar. This fact is used by every major commercial center in the world like London, Frankfurt, Dubai, Hong Kong, Tokyo, Sydney and New Zealand or anywhere else accepted. So are the dealers worldwide to this benchmark, and meticulously observe the economic data, political developments and the various market-moving events in the United States.

As a result of globalization, all nations of the world more or less connected, it is important for all traders, looking for clues of the major economic powers, and to evaluate how the situation could possibly affect the nation and its own currency.

As a successful trader, you should usually allocate an economic calendar that includes the economic indicators and their publication dates. In anticipation of a report to the markets move in a certain direction. Be prepared and act accordingly. Hold especially if the market moved too according to your prediction, your market expectations.

Often, data will be published and then revised again. Therefore, you should also send a special focus on the revisions and sometimes do not react too quickly to news. If we anticipate future trends, such revisions can be a useful tool to respond accordingly to future reports.

It is important that you can not look just at numbers, but they fit into an overall context that you know what they mean and how they may affect the economy of a nation. Did you even see through, then such facts and figures will represent an invaluable resource for you.