Hi Folks,
News moves the Forex market,but is it really that simple?.
In an attempt to see how much impact negative and positive news has on price movements starting on Monday I am going to put a spreadsheet together monitoring the reaction of the markets to the news.
The question is which calender to use,so I thought I would use a combination of four calenders to monitor the fundamentals(Dukascopy,FxFisherman,FXCM,and dailyFX).If anybody out there knows of any better calenders(or news info services) please let me know:)
Some calenders place more emphasis on specific news,that others choose to ignore.Also calenders tend to have different ways of catergorising the importance of events.So I will try as much as possible to get some sort of consensus about the importance of the news items.
As much as I can I will try and present this to a backdrop of political events that would effect the currencies(Like Obama declaring capitalism dead and establishing a Socialist republic of the USA
The news coverage will cover GMT 6.30am till 10pm,and the first spreadsheet will be available on Saturday April 4th.I will attach it to this Thread
Howevr if anybody knows of any website or service that is already doing this can someone let me know and it will save me a bit of time.
Kind Regards
Rodders