Which type of news affects forex market?
I want to know those news factors which directly or indirectly affect forex market.Like for example unemployment data for the US which can cause dollar up as much as 2 percent in a matter of hours, what other important news dates hugely affect the forex market? (unemployment, interest rates etc)
A couple of years ago, I found that the Singapore Yahoo site had the most straightforward Forex news (with the added bonus that it does NOT try to push a lot of scam services/otc brokers/robots/etc.):
It is basically just a news feed. But many articles it links to provide extensive commentary by analysts, bank traders, and the like on what they claim is moving the market.
This is so called fundamental analysis in forex trading. The two main factors are the interest rates and economical performance.
In each economic indicator, like the gross national product, foreign capital inflow or perhaps the international trade representative are the national economical performance, also decides the national currency supplies and demand.