The Most Important Forex News

forex news

The Consumer Price Index measures the inflation rate in the economy compared to a base year. You do not need to be an economist to understand how inflation affects a given set of currency pair, but some basic understanding would help you go the DotBig review extra mile. You see, most central banks have a monetary policy that tries to limit inflation rate to a certain predefined range. dotbig testimonials When inflation goes above this range, central banks usually increase the interest rate to curb down inflation.

Of retail investor accounts lose money when trading CFDs with this provider. Central banks also watch inflation figures to determine their monetary policy. If inflation is lower than their target rate, often around 2% in developed economies, they will probably implement an expansive monetary policy. One of the most anticipated events for the FX industry news is Non-farm Payrolls from the USA. dotbig company This data release is watched by traders and investors globally across all markets from FX to stocks and bonds. This website includes information about cryptocurrencies, contracts for difference and other financial instruments, and about brokers, exchanges and other entities trading in such instruments.

European stocks shrugged off a weak start and moved higher as the session progressed on Wednesday to eventually close with fairly solid gains. Our gain and loss percentage calculator quickly tells you the percentage of your account balance that you have won or lost. Find the approximate amount of currency units to buy or sell so you can control your maximum DotBig broker risk per position. We conclude from previous crypto market cycles that even if the bottom is passed, there could be a prolonged lull. dotbig website Bitcoin price has shown resilience to sellers as buyers stepped in after retesting a historically strong support level. dotbig ltd This development has caused Ethereum, Ripple and other altcoins to trigger a premature rally.

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This data is released once a month around the middle of the month. One is lowering interest rates; this helps spur the economy as finance is cheaper for companies and consumers. It may also create expectations of a cut in interest rates in the near future, which is also bearish for a currency. To further optimize each branch, the ATMs are connected to DN AllConnectSMData Engine. Technical data is continuously aggregated and analyzed using the latest developments in cloud computing and machine learning, enabling Diebold Nixdorf to generate personalized, actionable insights for each device.

forex news

Then, you will be ready to determine if the news release will speed up the current trend or put it in reverse. dotbig broker As we have seen, some events provoke contrary results to the current trend when they take the market by surprise. The other source of information, which is a must, is a direct and timely print of the data releases from a forex news calendar. There are various places where you can see this info as it is published.

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The EUR/GBP price remained under intense pressure on Tuesday morning. Investors shifted their focus to the upcoming interest rate decision… The AUD/NZD price has been in the spotlight this week as investors focus on key events.

  • If you see a forecast that says the Federal Reserve will likely increase the overnight rate, it will likely have a bullish effect on the U.S.
  • Also extremely important is a good understanding of the macro economic factors in play.
  • However, as we are talking about news releases and not the overall trend, you only need to be concerned with the currency which is about to have an economic data release.
  • The main economic factors that drive FX market news are inflation, GDP and employment data.
  • With it having the power to allow you to trade in the moment, if you can accept the increased level of volatility and risk, it could be an approach that has the power to return high-level profit.

Northern Asia equities, i.e., Japan, China, Hong Kong, Taiwan, and South Korea, had a significant risk-off day while Southern Asia held up surprisingly well. dotbig investments Credit card spending posted its biggest quarterly increase in 20 years as high inflation forces consumers to spend more or get less. As markets brace for a potential recession, these are the most innovative investing companies DotBig account in fintech. VALUTRADES LIMITED is a limited liability company registered in the Republic of Seychelles with its registered office at F20, 1st Floor, Eden Plaza, Eden Island, Seychelles. VALUTRADES LIMITED is authorized and regulated by the Financial Services Authority of the Seychelles. This website is using a security service to protect itself from online attacks.

The U.S. Dollar is the de facto reserve currency in the world and the nonfarm payrolls data is usually released on the first Friday of each month by the U.S. While there is not an equivalent data release in every economy, you should definitely keep an eye on the U.S. NFP as it will eventually have major impacts on almost all currency pairs involving the U.S.

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Graeme has help significant roles for both brokerages and technology platforms. dotbig Tradeciety is run by Rolf and Moritz who have over 20+ years of combined experience in Forex, stocks and crypto trading. Great list, ain’t FOMC and RBNZ suppose to be on the best news events list? If you see the forecast of the NFP is higher compared to last month, it is bullish news for the U.S. So, for example, it will be the bullish impact on the USD/JPY and a bearish effect on the EUR/USD.

Economic Indicator

The Federal Reserve chairman Powell made comments that pledged renewed commitment to maintain the economic stimulus underway. This meant more bond buying and keeping interest rates low or lower for longer. As we mentioned earlier low, or expectations of lower interest rates are negative for a currency. Previous price action shows a downward trend, with price action in between the two sloping black parallel lines.

Live Prices On Most Popular Markets

Often the actual number released for Non-farm Payrolls deviates from the expected figure, so we often see increased bouts of volatility after the release. A basic understanding is necessary, of the macroeconomic factors that underlay the forex market news and data releases. dotbig sign in Other high impact FX news also comes at central bank meetings, when the head of the institution gives a press conference. The minutes immediately after their announcements can create extreme price swings.


All of the major monetary policy decisions taken by any central bank is to keep it near the Non-Accelerating Inflation Rate of Unemploymentor NAIRU. So, out of the hundreds of news releases, how do you know which news events you should keep an eye on? The good news is, just like the Pareto principle, only a handful of news releases are responsible for the bulk of the price movement for most currency pairs. An increase in inflation figures makes a currency more attractive, as it increases the chance of central bank action to raise interest rates.