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Why the Trade Balance is Important | Forex Fundamentals EP11
Manage episode 344006689 series 3159637
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In this episode Matty from Logikfx goes over the importance of the trade balance and it's affect in the forex market. More goods and services being traded globally creates more demand for foreign currencies and domestic currencies.
Overall, in the fundamental strategy you should be accounting for employment statistics in your endogenous analysis. You can learn how to apply economic data to give you an edge in the market in the Logikfx academy link below.
Logikfx Academy interest: https://www.logikfx.co.uk/coming-soon
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