TV stations I use to monitor forex news

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Posted by on Thursday November 1, 2012 14:7:18:

If you are a day trader, one of the things you'd need to watch out for is breaking news and be able to capture it as it happens. You can also get to know the market mood at a particular point in time just by listening to relevant news.

On the cable tv service, I prefer watching news from channels like CNN and Bloomberg. Bloomberg is more official and rich when it comes to news about currencies and stocks and every trader needs to listen to what they have to say.

It is still just news really and not all news is released as it happens but it helps one to get a public opinion of how the market feels. How the market will ultimately decide on trading depends on the market movers really. But's it's good to know what is on board first before making a trading decision.