Doing A News Trade In Forex
It is Speculative Trading, not gambling. Speculative Trading is relatively a shorter term strategy that mainly relies on technical / sentiment analysis and aims to benefit from price fluctuations in a short duration. All kinds of trade are halal except those that may involve something immoral or unjust. If those aspects are avoided then there is nothing wrong with speculative trading. Gambling , on the other hand, involves “ mere chance ” being played collectively by people ( 2 or more ) where one party is bound to gain from other party’s loss. And the party gaining had no moral right over the money being earned.