After going through the highly organised data releases and central bank decisions, there is one last piece of fundamental analysis that you need to be aware of. Event risk is anything that will move markets, but that you can’t see coming. News Headlines: There are just so many different types of headlines that come from a whole range of different places. Some credible and some not. Funnily enough, it is often the least credible headlines that get the most attention from markets! Keep an eye on the News Terminal for streamed news headlines that have the potential to move forex markets. These could be central banker or politician comments, unexpected good or bad economic news or even something as wacky as a new life changing invention! If it’s something confronting flashing up on trader’s screens, so often they hit the buy/sell button first and ask questions later. Natural disasters: Natural disasters are one headline that nobody wants to read, but unfortunately for all of us, they are a fact of life. I’m sure you all remember the devastating Japanese earthquakes that rocked the island and triggered multiple tsunamis? This saw USD/JPY instantly shoot up as traders exited their Japanese Yen exposure and sought the safety of US Dollars. Natural disasters aren’t something that the people can plan for, but they are reported instantly on social media wherever they happen in the world. You have no excuses if you let yourself get caught out by a natural disaster headline.