oussama94
05-29-2017, 00:16
Some economic data releases can have a very significant and lasting impact
on a currency, while others may not matter at all. In the first edition of Day
Trading the Currency Market (John Wiley & Sons, 2005), I looked at howvarious pieces of U.S. economic data impacted the dollar (against the euro)
in 2004. I chose the EUR/USD because it is the most liquid currency pair in
the world and tends to have the purest reaction to U.S. numbers. For this
second edition, entitled Day Trading and Swing Trading the Currency
Market, the study is updated using 2007 data. Not only have the rankings
changed, but so have the magnitudes of the reactions
on a currency, while others may not matter at all. In the first edition of Day
Trading the Currency Market (John Wiley & Sons, 2005), I looked at howvarious pieces of U.S. economic data impacted the dollar (against the euro)
in 2004. I chose the EUR/USD because it is the most liquid currency pair in
the world and tends to have the purest reaction to U.S. numbers. For this
second edition, entitled Day Trading and Swing Trading the Currency
Market, the study is updated using 2007 data. Not only have the rankings
changed, but so have the magnitudes of the reactions