Consumer Price Index - CPI
A measure of price changes in consumer goods and services such as gasoline, food and automobiles. Sometimes referred to as "headline inflation".
Gross Domestic Product - GDP
The monetary value of all the finished goods and services produced within a country's borders in a specific time period, though GDP is usually calculated on an annual basis. It includes all of private and public consumption, government outlays, investments and exports less imports that occur within a defined territory.
It is important that you pay attention to financial news when you trade using a fundamental analysis trading system. You can find financial news on the following websites . . .
Fundamental analysis is very important as you can see, but it is also important to implement some other techniques on your trading strategies. You can learn about other aspects about Forex trading like technical analysis and money management in my other articles on this series.
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