Understanding global economic indicators is crucial for informed decision-making in Forex and cryptocurrency markets. Key indicators include GDP, inflation (CPI), employment reports (like Non-Farm Payrolls), interest rates, and trade balances. Strong GDP growth usually strengthens a currency, while high inflation can weaken it. Employment data influences economic stability and market sentiment. Interest rates affect investment attractiveness, and trade balances impact currency strength. Traders should use economic calendars to track these indicators and analyze their effects on market sentiment, enhancing trading strategies across both markets.
| Sub-course | Link |
|---|---|
| Correlation Between Markets: Forex, stocks, commodities, and cryptocurrencies | View Course |
| Global Economic Indicators: Analyzing their impact on Forex and crypto | View Course |
| Macro vs. Microeconomic Analysis: Detailed market study | View Course |
| Using News and Events: Trading based on economic news releases | View Course |
