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Kathleen Brooks on Forex: A simple approach to trading foreign exchange using fundamental and technical analysis by Kathleen Brooks

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Economic indicators

In this section I introduce the four major fundamental indicators that I use to assess the forex market. These are:

  1. Labour market surveys
  2. Purchasing Managers Index (PMI) surveys and Institute for Supply Management (ISM) surveys
  3. Inflation data
  4. Quarterly GDP

For each I explain what the indicator is, when it is released, why it is significant and give examples of how it can be used.

1. Labour market surveys

What is it?

Without a shadow of a doubt the most important economic statistic for me is the US nonfarm payrolls (NFP) report. It is published by The Bureau of Labor Statistics and measures the number of jobs created in the nonfarm sector of the US economy each month.

When is NFP data released?

The ...

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