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. dotbig testimonials 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.

Tradeciety is run by Rolf and Moritz who have over 20+ years of combined experience in Forex, stocks and crypto trading. The Purchasing Managers Index is based on survey results of key purchasing managers in the economy. Currently, the unemployment rate of the EU is much higherthan in the UK. Hence, a simple analysis would indicate that the valuation of the Euro would be higher than the British Pound (EUR/GBP). Our academy portal is a stand-alone, fully operational, white-label school including 155+ lessons, with new lessons added all the time. All the lessons are with live presenter shoot in HD video.

News Sources

That policy will likely continue weighing on the country’s economy. 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. While understanding monetary policy is difficult, even for veteran Forex economists, the way to interpret this news is rather easy. 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. So, for example, if the Japanese Central Bank keeps its rate unchanged, it will be a piece of bullish news for the USD/JPY.

  • While cases remain low, health experts are growing increasingly skeptical that China can maintain strict restrictions to stop the spread of the highly-transmissible variants, such as BA.5.
  • House Speaker Nancy Pelosi to Taiwan would raise tensions between the world’s two economic superpowers.
  • By Ambar Warrick — Most Asian currencies fell on Monday after data showed a slowdown in Chinese factory activity, while the Japanese yen extended its sharp recovery…
  • Shenzhen, a major tech hub, reported a case as well, although it was in a quarantined area.
  • By Zhang Mengying – The dollar was down on Wednesday morning in Asia ahead of an expected U.S. interest rate hike from the U.S.

After you have done this, you can click on the “News” tab to view a list of recent events. You’ll notice a large number of events, including news releases. While you’re in this menu, you’ll want to focus on the news events to get the most out of it. If you’d like to set the time zone, you can also adjust it here. This will make it easier for you to view the news in your local timezone. House prices from the UK and unemployment from Spain are the major statistical reports due on Tuesday. At 2.00 am ET, the UK Nationwide house price data is due.

Forex Factory News Indicator Mt4

Our platform provides trading lessons for all levels of traders. Designed with professionalism, the lessons include all the necessary education materials.

forex factory news

BEIJING – China will keep its foreign exchange markets steady in the second half of this year and will safeguard the country’s economic and financial security, the… By Scott Kanowsky — The euro inched higher against the dollar on Friday, with investors weighing key European economic data as well as the implications of… By Peter Nurse – The U.S. dollar edged lower Monday, weakening especially against the Japanese yen as the market reassessed the Federal Reserve’s tightening…