The Importance of News for Forex Traders
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The Importance of News for Forex Traders

The Importance of News for Forex Traders

In this era where information can be a very strong and strategic asset, both for individuals and companies, and information is the same as money, especially for a trader, closing himself off from news can kill himself. The Forex market is very sensitive to the news flow associated with it, and the movement of major short-term currencies is almost always preceded by changes in the fundamental outlook influenced by the news. Traders around the world make a living by processing and translating information into money. Financial news service providers know how important news is to Forex market players, and charge a premium for that. It is not uncommon to get hundreds of headlines that are potentially relevant to Forex trading from news service providers on an average trading day.

Traders, especially those who trade the Forex market, need the latest news updates to facilitate their trading decisions which must be made in a flash. They mostly use online financial news services such as Dow Jones Newswires, Bloomberg and Reuters, which display the latest financial news on their computer monitors. Because the speed of news dissemination is very important for traders, many choose this online instant news service rather than relying on daily newspapers such as the Wall Street Journal or Financial Times which carry stale news that is of little use to traders.

The main reason why news is so important to Forex trading is that each new piece of information can potentially alter the trader’s perceptions of the current …

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Changing Multiple Online News Feeds - Varying Audience Speed ​​and Attention Span
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Changing Multiple Online News Feeds – Varying Audience Speed ​​and Attention Span

Changing Multiple Online News Feeds - Varying Audience Speed ​​and Attention Span

It seems that those who run financial cable television news every day find new ways to keep people entertained and watch their shows. When they go to the resting station there are all kinds of graphs that appear, along with common sound themes. Their branding is truly brilliant, and I know this because it is something I have learned. Furthermore, lately I have noticed all the different news feeds that appear on the screen.

There will be one at the bottom with all stock market quotes, one at the top that shows the price of oil, gold, the stock market, and bond yields. Then there will be occasional news alerts that come at different speeds from different directions than others. It seems that these stations have learned the same secret to keep the attention span of the human mind busy with all other visual displays. It’s enough to captivate someone, and I think that’s their goal.

After all, if you spend your day with fast-moving television shows that constantly interfere with your curiosity with visual highlights, you are obliged not to look away, so, watch more advertisements during breaks. Well, have you ever walked through a casino and watched all the people sitting there moving the handles and watching the lights blink and blink – hoping the clang, clank, clank of money falling from the machine, meaning they only won? Isn’t that the same trick?

And because this works, can we expect the future of multimedia e-books to do the …

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