Based on our record, Tradelytic seems to be more popular. It has been mentiond 2 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.
So, is it enough to just monitor news, industry reports, and ESG ratings? It does help a lot of the time, and I've been using a trade journal to monitor some of these, but it's not as easy as it sounds. While these can show patterns and correlations, it's not always clear how these will affect a company's or a country's finances. The value of each ESG factor also varies by industry and region, as well as "random"... Source: 5 months ago
Another example is the GDP reports because when a country releases its GDP data, it usually reflects its economic "health" which is tightly connected to its currency. A better-than-expected U.S. GDP report might boost the USD, so you know it's time to trade USD pairs. The same principle works for inflation figures being released - higher inflation means increased interest rates, which does help predict some... Source: 5 months ago