Synoptic Module on Economic Policy Essay Example | Topics and Well Written Essays - 1500 words

Synoptic Module on Economic Policy - Essay typefaceThe role of FX calling Analyst is to watch over the market trend of each foreign coin since the market is very unst up to(p). Prior to making any trading decisions, the analyst needs to study the economic foundation of the past, present, and future status of each currency that is tradable. Since the marketplaces are interconnected, a number of different range (prices) agree to be considered depending on what the bank or the market maker is currently trading. Given that thither is too little or no available inside information with regards to the foreign exchange markets, the FX Trading analyst needs to look the actual causes of the monetary flows in the country of the currency being traded. To determine all these information, it is necessary for the analyst to regularly watch the News or read the newspapers. However, large banks have a more competitive edge over the private or individual speculators because banks are able to se e their customers flow of order.The analyst is free to choose between the use of fundamental analysis or the technical analysis. Both tools are used to detect the increase or decrease of the currency appreciate being traded. Fundamental tools include analyzing the overall macroeconomic environment of the countries with major currency based on the news and currency updates on the GDP, interest rates, investments, international trading, calamities, terrorist attacks, etc. In most cases, a grave terrorist attack is enough to make a sudden change in the trading of currencies.