This module serves as an introduction to the basic concepts of analysis in foreign exchange for beginners. We will examine how critical macroeconomic indicators such as GDP, inflation rates, and unemployment levels, as well as decisions made by central banks, affect currency values. At the end of this course, students will be able to interpret economic data releases and anticipate market responses. They will also learn how to incorporate this knowledge into their trading strategies.
Course objectives:
1. Understand the significance of macroeconomic indicators within the foreign exchange market.
2. Acquire the ability to access, analyse, and interpret economic data.
3. Investigate central bank decisions and communication.
4. Correlate news events with price fluctuations.
5. Create simple fundamental trading strategies grounded in rules.
