forex how news effects market
News and Economic Data That Affect Forex Market Movements. The value of a countryâs currency is affected and largely influenced by various economic indicators that reflect how a country is performing. The macroeconomic events that take place internally and internationally are factors that will have a huge effect on the value of a currency. As a forex trader you need to be constantly on top of these data â always ready to read and interpret reports as it is released.