A basic guide to trading news in financial markets, focusing on the impact of major economic news on the value of the US dollar (USD). It is divided as follows:

1๏ธโƒฃ. Major News (News):

๐ŸŸ  FOMC (Federal Open Market Committee):

- If interest rates rise (Interest Rate Higher), demand for the currency increases (High Demand for Currency).

- If interest rates fall (Interest Rate Lower), demand for the currency decreases (Less Demand for Currency).

๐ŸŸก CPI (Consumer Price Index):

- If inflation increases (More Inflation), it may lead to interest rate hikes (Rate Hikes), strengthening the currency (Stronger Currency).

๐Ÿ”ต NFP (Non-Farm Payroll Report):

- If the number of jobs increases (More Jobs), the dollar becomes stronger (Strong USD).

- If the number of jobs decreases (Less Jobs), the dollar becomes weaker (Weak USD).

2๏ธโƒฃ- It is advised to use technical analysis (Technical) in the same direction as fundamental analysis (Fundamental) to improve trading decisions.

#NFPย