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What does This Data Mean for the Economy. You need not understand every nuance of each data release, but you forex trading online platform try to grasp key, large-scale relationships between reports and what they measure in the economy.
For example, you should know which indicators measure the economy's growth gross domestic product, or GDP versus those that measure inflation PPI, CPI or employment demo forex trading non-farm payrolls.
That focus can curancy exchange over time and from one currency to another. For example, if prices inflation are not a crucial issue for a given country, but its economic growth is problematic, traders may pay less attention to inflation data and focus on employment data or GDP reports.
Section 02 Key drivers of currency movements Economic indicators What you need to know about them Part 2 Watch for the Unexpected Often the data itself may not be as demo forex trading as whether or not it falls within market expectations.
Again, took support is at a day's low. If we see selling candles had a higher volume than buying candles. That shows the market will be turning bearish soon. We have demo forex trading a zone of PayTM has formed Bullish Harami pattern.