effect of news on currency rate!!!

There are some crazy news that comes up and being that I am not a news trader all I do is to step aside and watch the market. News will move the market and could create some good opportunity for traders but not all traders will be able to make good use of it when they are trading, because it has that need for urgent impulsive actions.

Forex newd are very important and no doubt news have great effect and impact on currency rates. You have notice that which currency who has big event at the happening of big event means high impact event there are some sudden currency rate changes at that time and rate fluctuate very highly. So we should remember that news has very powerful effect and we can not ignore mews effect on currency rate and we should monitor and manage our trades accordingly.

Hi friends i know no doubt news have great effect and impact on currency rates.High impact event there are some sudden currency rate changes at that time and rate. We should remember that news has very powerful effect and we can not ignore mews effect on currency rate