Fundamental Indicators in Forex — Which to Use?

According to one of the polls, about 69% of traders employ fundamental analysis in Forex trading (at least minimally). I’ve already asked the readers of this blog what standard technical indicators they use, and now it’s time to ask the same about the fundamental indicators. Personally I believe that the fundamental factors play a huge role in how the currency pairs are traded. The fundamental indicators are deterministic for the long-term movement of the Forex rates. Unfortunately, it is very difficult to trade fundamentally in short-term. News trading is dangerous in and of itself, while the further direction of a position that was entered several hours after the expected fundamental release may still be rather unpredictable. Nevertheless, I prefer not to miss the opportunity to trade on such indicators as the global interest rates, GDP and unemployment data (especially, the nonfarm payrolls). And how about you?

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If you want to share your opinion or questions regarding the fundamental indicators worth using in Forex trading, feel free to reply using the form below.