The American Petroleum Institute

The American Petroleum Institute will release its report later tonight. 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.

forex factory 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 extra mile. You see, most central banks have a monetary policy that tries to limit inflation rate to a certain predefined range. When inflation goes above this range, central banks usually increase the interest rate to curb down inflation. News trading has been becoming increasingly popular among Forex traders because it offers opportunities to make large profits within a relatively short period of time. However, just like not all fingers are not the same, not all macroeconomic news events have a similar impact on the market.


Stay up-to-date on breaking forex news as well as relevant financial developments. However, if you are just starting out and wants to feel the pulse of the market, the 5 economic news releases we discussed should act as a good starting point. The EA works good and the author is supportive and down to earth. I still needs to try the hedging option and I will then update my review.So far, the EA almost has all options needed for trading news. By Scott Kanowsky — The dollar moved slightly lower on Wednesday, as traders gear up for a crucial Federal Reserve policy decision scheduled for later in the day. Brent crude—the global benchmark—held up slightly better but still fell nearly 4%, and prices are tracking lower through early Asia-Pacific trading. China’s adherence to its “Zero-Covid” policy is putting severe strain on the country’s manufacturing activity.

forex factory news

Great list, ain’t FOMC and RBNZ suppose to be on the best news events list? The videos are high-quality and cover all the necessary information for your channel. Our events endpoint showcases headlines that are receiving high news coverage. • A light weighted mobile application that brings you all the important Forex news Forex market news on time on your mobile device. • Forex Factory is designed exclusively to provide high-quality information to forex traders. The Reserve Bank of Australia raised cash rate by 50 basis points to 1.85 percent, as expected. Following the announcement, the aussie fell against its major rivals.

Historical Data

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. Follow breaking Forex news news on global financial markets with our real-time news feed. Access forex news live and read about the latest trends affecting commodities, indices and more.

  • Hence, a simple analysis would indicate that the valuation of the Euro would be higher than the British Pound (EUR/GBP).
  • Changed reading the output data in the calendar from Previous/Actual to Forecast/Actual.
  • Hence, as a Forex trader, you should keep an eye on vital statistics about a country’s housing market when you are trading that currency.
  • Overnight interest rate is the key reason prices fluctuate in the market as it also affects the swap rate.
  • You can select the types of reports you’re interested in and filter them by currency pair.
  • Partly because when the unemployment rate goes down below NAIRU, which is always near 4.0%, central banks start increasing the interest rate to reduce inflation and cool down the economy.

Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. Currently, OPEC countries control around 44 percent of the world’s crude oil output and their decision to increase or decrease crude oil production can have a major impact on the world’s energy market. There is a strong correlation between the currency market and oil price because of how resources are distributed. Hence, it can affect the balance of trade of a currency, and influence market psychology.

Leave a Comment

Your email address will not be published. Required fields are marked *