Inflation, war, political unrest, natural disasters, elections and bank talks, to name just a few, all have an impact on the world’s currencies.
A news-based trading strategy involves the algorithmic system reacting to news wires and generating trade signals based on what is happening in real-time.
Characteristically, this type of trading involves holding positions for a very short length of time – given the fast-paced media world where information is news one minute and forgotten the next.