To interpret forex market news, traders must first comprehend the notion of economic indicators, such as macroeconomic variables, which have a big impact not only on forex but also on all other financial markets. Inflation, retail income, interest rates, and unemployment rates are examples of macroeconomic variables. Although the variables may only apply to one nation, they have an impact on financial markets and the global economy.
Economic reports on forex market news frequently include the aforementioned variables, which also serve as the foundation when traders are informed of the most recent developments that have occurred or may occur. Once the currency market news is made public, it will have an effect on market mood. This is especially true if the report on the data contradicts the traders' expectations.