Best forex new to trade

Congratulations on considering trading in the foreign exchange market! Here are some of the best forex news to trade, considering market trends, volatility, and liquidity:

  1. US Non-Farm Payrolls (NFP): Released on the first Friday of every month, NFP is a highly anticipated event that can move markets significantly. It's a good idea to trade around this event, especially if you're looking for a high-impact news release.
  2. Federal Reserve Interest Rate Decisions: The Federal Reserve's interest rate decisions can have a significant impact on the forex market. Keep an eye on the Fed's meetings and statements to trade around these events.
  3. European Central Bank (ECB) Interest Rate Decisions: The ECB's interest rate decisions can also have a significant impact on the forex market, especially for EUR pairs.
  4. UK GDP and Inflation Reports: The UK's GDP and inflation reports are important indicators of the country's economic health. Trading around these events can be profitable, especially if you're looking for a high-impact news release.
  5. China's GDP and Industrial Production Reports: China is a significant player in the global economy, and its GDP and industrial production reports can have a significant impact on the forex market.
  6. US GDP and Inflation Reports: The US GDP and inflation reports are important indicators of the country's economic health. Trading around these events can be profitable, especially if you're looking for a high-impact news release.
  7. European Union (EU) Summit Decisions: The EU summit decisions can have a significant impact on the forex market, especially for EUR pairs.
  8. US Retail Sales Reports: The US retail sales reports are an important indicator of consumer spending and can have a significant impact on the forex market.
  9. German IFO Business Climate Index: The German IFO business climate index is an important indicator of the country's economic health and can have a significant impact on the forex market.
  10. Australian Employment Reports: The Australian employment reports are an important indicator of the country's labor market and can have a significant impact on the forex market.

When trading around these news events, it's essential to:

  1. Stay informed: Keep up-to-date with the latest news and market analysis to make informed trading decisions.
  2. Set clear goals: Define your trading goals and risk tolerance before trading around news events.
  3. Use proper risk management: Manage your risk by setting stop-loss orders and limiting your position size.
  4. Trade with a reputable broker: Choose a reputable broker that offers competitive spreads, fast execution, and reliable customer support.
  5. Stay disciplined: Stick to your trading plan and avoid impulsive decisions based on emotions.

Remember, trading around news events carries significant risks, and it's essential to be prepared and disciplined to achieve success in the forex market.