Forex broker TFS-ICAP fined £3.4m for misleading clients
A foreign exchange derivatives broker has been fined £3.4m by the UK financial regulator for giving clients misleading information...
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.
