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If your alarm clock didn’t go off and you are late to the market, no worries ― a quick review of FX Leaders’ news will have you back on the competitive lead lap in no time. The dollar Thursday posted moderate gains on hawkish Fed comments. Our market calendar can be customised by date, market impact and country, so you can filter these to be more Forex news relevant for the asset or market that you are interested in trading. You can also set alerts for individual events that you wish to monitor. US stocks edged higher after another round of hawkish comments from the Fed and as US economic data … A week of consolidation in stock markets after last week’s rout, with Europe looking to end the week…

Vikki leverages her nonprofit experience to enhance the quality and accuracy of Dotdash’s content. An all-in-one crypto platform is aiming to appeal to beginners and professionals alike by bringing trading bots, strategies and resources under one roof. On the surface, Forex and cryptocurrency trading look similar, but the history and functioning of these markets are notably different — we’ll explain how. The CBN says the proposed central bank digital currency will offer parity of value and will operate as a non-interest-bearing CBDC. With analysts covering the Asia-Pacific, European, and U.S. trading sessions, you will never be out-of-the-loop when it comes to FX news. From New York to London to Tokyo, our analysts are on the clock, breaking down the markets in real-time.

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Therefore, traders should ensure that they have sufficient funds in their account to cover these costs. There is normally a consensus amongst leading economists about what level an economic announcement is likely to come in at. Changes to non-farm payrolls​​, GDP or inflation data will have a resulting effect on the market. For example, low unemployment suggests a strong economy, so many would expect the stock market to rise. A decision to lower interest rates could make a country’s currency less attractive, causing it to fall against other world currencies. Our news and analysis section is updated daily with articles on the forex, share, treasury, commodity and index markets, written by our market analysts. Besides, you can read, filter and digest every DotBig piece and receive notifications in real-time to be informed when new macroeconomic data and events are released.

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76.5% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider. Once you figure out how a report will affect a currency, you can prepare for a live news trade. A Florida resident has been charged by the CFTC for raising $1.6 million through a fraudulent cryptocurrency and forex trading scam. Forex trading involves significant risk of loss and is not suitable for all investors. Here’s why you should consider playing the BOE monetary policy decision. Risk sentiment may be the name of the game in the next trading sessions as a lack of top-tier data releases puts the spotlight on broader economic themes. State Street shot up the FX forwards dealer rankings of US mutual funds in Q1 2022, taking advantage of Goldman Sachs losing over half of its market share and Citi’s continuous decline.

Dax Rises As Investors Pare Back Inflation Expectations

News related to market sentiment can also influence currency trading, particularly those considered to be safe havens, including the commodity gold, as well as major currencies USD, JPY and CHF. These currencies tend to attract capital during times of turmoil and see outflows when the financial markets settle down.

  • This can cause your trade to be immediately negative, even if you technically received a good price on your entry.
  • One problem with news trading is that every ​forex broker has a different policy on how they handle trading during volatile news time.
  • For example, if a central bank hints that rate cuts may be coming, but the currency still rises, there could be other factors in addition to the prospect of interest rate changes.
  • These events can all have an effect on market sentiment and cause major price swings within the financial markets.

Please rate us and provide feedback so we can enhance the Myfxbook app even further – contact us at You will see the Premium label on some news, analysis and recordings written by our experts uniquely for our Premium users. You can disable notifications at any time from your browser. Unless you’re already a member and enjoying our service, then just sign in. The ballooning US current-account deficit has the potential to reverse the dollar’s strength. Is that a reversal pattern confirmation I’m seeing on CAD/CHF? Here’s what I’m watching ahead of Canada’s retail sales release.

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