O'Reilly logo

The FX Bootcamp Guide to Strategic and Tactical Forex Trading by Wayne McDonell

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 5
Forex and the Fed
Because central bankers control interest rates, we are greatly interested in their actions regarding raising, lowering, or keeping interest rates the same. Remember, they conduct their interest rate policies based on inflation and must constantly study economic data for signs of inflation. Luckily, we have access to this information, too.
With it, we can analyze the same data and ponder, “What would the head of the central bank do if he saw this data?” We can then develop our own long-term bias for that currency. The study of economic data is called fundamental analysis.
Chapter 5 will focus on fundamental analysis and central banking policy.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required