Forex News, Forex Trading News, Latest Currency Trading News, Page

Therefore, you will need to make quick judgements on how to trade the announcement. Certain major economic announcements can bring additional volatility in the markets, even if it is for just a short period of time. Even the Forex news neatest forex or stock chart patterns can temporarily be thrown out of sync by a significant trading announcement, such as the latest unemployment news or changes to interest rates or inflation from a nationwide bank.

forex news

Indian shares opened lower on Monday amid weak global cues and ahead of industrial production and retail inflation readings due later in the day. EUR/USD grinds lower toward 1.0500, printing mild losses to extend Friday’s downward trajectory. Traders await this week’s bumper US and EU events in early Europe. Economic slowdown fears, EU-Russia tensions join pre-Fed anxiety to fuel the US Dollar rebound. The product and services on this website are not available for Hong Kong residents.

Week ahead: Fed, ECB, Bank of England, UK and US CPI

79% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider. Paying attention to when trading announcements are due can mean that you end up placing a carefully planned trade just before a major event happens, which instantly triggers your stop-loss. It may be more opportune DotBig broker to wait to open new positions after news events have taken place, and then see if the reason for the trade is still valid. A live account will give you access to Morningstar equity research reports and Reuters news headlines, which provide a wealth of information for all asset classes..

  • Learn how to trade the news and spot potential trading opportunities within the financial markets.
  • WARSAW – Poland’s Monetary Policy Council should start discussing rate hikes again, central banker Ludwik Kotecki said on Friday, adding that talk of when borrowing costs could fall was premature.
  • No one makes it easier, open an account or try our demo account to get started while you build your skills.
  • From time to time, however, economic announcements are very different from what the broader market was expecting, and this can cause an opposite market reaction.
  • Therefore, it may be easier for some to make more reliable forex news trading predictions on how the market will perform. is a trading name of GAIN Global Markets Inc. which is authorized and regulated by the Cayman Islands Monetary Authority under the Securities Investment Business Law of the Cayman Islands with License number 25033. I understand that residents of the US are not be eligible to apply for an account with this offering, but I would like to continue. Take control of your trading with powerful trading platforms and resources designed to give you an edge. Choose from standard, commissions, or DMA to get the right pricing model to fit your trading style and strategy. The US dollar has found some stability following hawkish comments from Fed members, which has seen a double top pattern form on EUR/USD’s daily chart. USD/CAD made a large move higher today, though it doesn’t seem like it was based on fundamentals. Experience award-winning platforms with fast and secure execution, and enjoy tight spreads from 0.5 pts on FX and 1 pt on indices.

EUR/USD bears attack 1.0510 support as recession woes propel US Dollar ahead of Fed vs. ECB play

Based on the limited figures we have access to, there’s some evidence that the labor market has deteriorated over the last month… If Core PCE continues to fall over the coming months, the Fed may end up hiking rates less than it expects, or even cutting rates before the end of next year. USD/JPY is one of the more interesting pairs to watch in this data-light session, as it tests a key support level. In this week’s shortened edition, we are discussing the Fed policy and getting technical on the S&P 500. Experience award-winning platforms with fast, reliable execution and enjoy tight spreads on FX – as low as 0.2 for EUR/USD (with fixed $5 commissions per 100K). FOREXLIVE™ may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

The table below shows some of the main resource currencies and the commodities that affect them. These can be used by traders as a sort of trading signal, as it can help to predict where the price of the currency is headed. As with other asset classes, forex trading news can become particularly active before and following major economic events.

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