Industry-specific information

Normally, fundamental information of this sort almost doesn’t affect the currency rates because the scope of its effect is too narrow. You can think about a currency as the largest market index, which includes all industries and all aspects of the economy of a particular country and compares them to those of another country in a currency pair. Most developed countries make every effort to keep their economies balanced and diversified. So, in case something happens, say, only in microelectronics, car manufacturing, agriculture, or healthcare – well, yes, it may affect the currency rates for a very limited time, but the effect will be so small, almost negligible, that normally, currency traders disregard fundamental information of this sort.

There are some notable exceptions though. There are countries whose economies are very tightly connected to only one or two industries. For these countries, fundamental factors that are specific to the...