Seasonal forex trading news and impacts tend to be seen in energy and agricultural commodities, but less so for precious metals. 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 Forex trading signal, as it can help to predict where the price of the currency is headed. Recent examples include the Greek debt crisis and China market turmoil. When trading on news releases, it is important that you are aware of how financial markets work. This happens because traders attempt to predict the results of future news announcements and so, in turn, the market responds by changing the price of an asset. News-based trading is especially useful for volatile markets, for example oil trading.
These can include changes to interest rates, inflation, unemployment levels or retail income for a specific country and these all have a significant effect on the financial markets and overall state of the economy. Our Morningstar equity research reports are updated regularly with new information about company fundamentals. These are available for a wide range of shares on our platform and can also indicate whether they are considered to be overvalued, fairly valued or undervalued within the stock market.
Week Ahead in FX (Nov 28- Dec : Spotlight Back on U.S. NFP, Central Banks’ Tightening Plans
However, the inclusion of Bitcoin in the current forex market is a big step for the cryptocurrency industry. As discussed, our online trading platform, Next Generation, releases regular news and analysis articles for all financial markets. We also provide fundamental analysis reports from Morningstar, as well as market commentaries and updates from Reuters https://valiantceo.com/expert-review-of-dotbig/ news on our news and insights section of the platform. By following our news, this ensures that you are always up-to-date with the latest trends and changes within the financial markets, as well as general economic announcements. In general, news that has a significant impact on individual company shares may not have a major impact on currencies.
- A manual alternative is to monitor upcoming tradeable events using our economic calendar.
- You can also set alerts for individual events that you wish to monitor.
- Financial ratios such as price/earnings along with dividend yields can also indicate whether a stock is a healthy investment right now.
- It may be more opportune to wait to open new positions after news events have taken place, and then see if the reason for the trade is still valid.
- 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.
US Two blockbuster events will have Wall Street on edge as the disinflation trade may have gotten… Gold remains silent as inflation surges ahead Safe-haven assets such as gold are highly sought-after during times of inflation as they tend to hol…
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If the currency does not drop on an expectation of a fall in interest rates, then positive sentiment is strong, and this could possibly indicate that it is now a buyer’s market. There is normally a consensus amongst leading economists about what level an https://www.ig.com/en/forex 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.