Refinitiv Reports Slight Drop in FX Volumes as Year-End Lull Weighs
Foreign exchange trading volumes across Refinitiv Matching and FXall platforms decreased slightly in December 2020 from the previous month,...
News and economic data move markets. This is more pronounced whenever major economic countries such as the U.S. publishes its economic numbers. The most important economic data relates to the following news topics: interest rates, inflation, unemployment data, industrial production, consumer confidence surveys, retail sales, trade balance, and economic growth. It is also important to note that traders need to keep an eye on what the market is focusing on at any given moment since the importance of these topics is relative to the current state of the economy.
