Economic news plays a vital role in the Forex business as it provides crucial information about the economic health of countries and can significantly impact currency prices. Forex traders closely monitor economic indicators such as GDP, inflation, interest rates, and employment figures to gauge the overall health of an economy and make informed trading decisions. A strong economy can lead to a strong currency, while a weak economy can result in a weaker currency. Therefore, keeping up with the latest economic news and understanding its impact on currency prices is critical for success in the Forex market.