Question
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How does economic indicator helps us in trading?
1 Answer
<p id="isPasted">Economic indicators help traders by providing insights into economic conditions and forecasting future trends, allowing for more informed trading decisions. By understanding how indicators like inflation, GDP, and employment data affect central bank policies, interest rates, consumer spending, and overall investor sentiment, traders can adjust their strategies, manage risk, and capitalize on potential market shifts in stocks, currencies, and commodities. </p><p><br></p>
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