Forex News
Forex news can affect greatly trading results, especially if you use fundamental analysis or a mix of fundamental and technical analysis as your trading strategy.
Before you dole out cash for any of the high-end foreign exchange news services, you should take a look at the market and what you might get for next to nothing. In fact, many news services are offered free of charge as they are regularly bundled into other forex services you may need.
Some of these services are available as newsfeeds, online news services, and forex magazines.
Forex News – Newsfeeds
Newsfeeds are nowadays regularly bundled into trading platforms that the forex brokerages offer. In fact, almost all of the online brokers have real-time, not delayed, newsfeeds.
Still, if you want, you can purchase newsfeeds separately from the brokerage services, from companies such as Dow Jones and Reuters. However, these services are very pricey to purchase separately and might be available for select professional trading platforms only.
Forex News – Online News Sites
Internet has become since the late 90’s the leading source for free forex news and analysis. Some of the services are affiliated with brokerages and the news site is a kind of a marketing tool for the brokerage.
In addition, there are long-standing forex portals that offer services ranging from forex news to directory services.
As an exemplary list, some of these sites include
- ino.com
- news.ft.com/markets/currencies
- www.bloomberg.com/news
Forex News – Forex Magazines
Forex magazines provide in-depth analysis behind the current news. As such, they provide insight into longer-term trading strategies with fundamental analysis strategy. However, the magazines generally have less to offer for day traders.
Some of the magazines popular with forex traders are not exclusively about forex trading. Magazines like Technical Analysis of Stock & Commodities are read widely for the insight they offer for new trading systems and other innovations that can potentially increase trading profits.
As an exemplary list, here are some of the more popular forex magazines for news are:
- FX Week
- e-Forex
- Derivatives Week (also about FX derivatives)
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