Forex Factory is for professional foreign-exchange traders. Its mission is to keep traders connected to the markets, and to each other. The data on this page http://mr.kuchewar.com/dotbig-com/ is sourced from traders using Forex Factory’s Trade Explorer, a web-based interface that empowers traders to intelligently analyze their trading performance.
- You can change the time by clicking on the time display on the top right corner of the forum.
- Of course, the personalization of the economic calendar can be made when you register for a free account.
- An important thing to understand is that the markets are always forward looking.
- Therefore, there is a good chance that price will foretell what the economic outlook is going to be.
- The U.S. dollar being one such influence is trading marginally lower thus boosting gold prices ahead of the Fed’s interest rate decision later this evening.
- As mentioned earlier that the markets are forward looking, you will almost always find that the price action you see potentially reflects what is going to happen.
By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Tuesday, but remained near a 20-year high as traders prepared for the latest Federal Reserve… By Zhang Mengying Investing.com – The dollar was down on Wednesday morning in Asia, although investors bet on aggressive interest rate hikes from the U.S. Learn how Forex Factory provides free trading tools and how to use them to gain a timely and quick overview of today’s markets.
Forex News
Some examples of events under the red category include central bank interest rate decisions, GDP releases, unemployment report and so on. Our economic calendar showcases relevant events to help you trade these markets too. You can also dig deeper into global financial trends and events with our latest news and analysis articles. You can then customize the forex factory economic calendar to only show you dotbig.com testimonials high and medium impact news releases only for the EUR and the USD currencies. Let’s take a look at each of these customizations in detail to truly capture the effect of the forex factory economic calendar. To customization you can click on thefiltericon on the right side which allows you customize the economic events. Thefiltericon on the left side allows you to select the duration of the calendar.
Forex Factory is more than just a place to find new trading strategies. How to use the Forex Factory calendar to stay ahead of the news and never get caught with your pants down. How to use Forex Factory sentiment indicator and find high probability trading setups. Key drivers in the FX market from a macro perspective are also integrated in our news service. From Central Banks speeches, https://www.cnbc.com/money-in-motion/ Geo-political events, headlines by key politicians, announcements by rating agencies, and much more. This news service gives a general snapshot blending both fundamental and technical elements to understand the latest moves in the Forex market. Experts’ views and bank’s research analysis are also integrated in our news to give an extra layer of insight to the information.
Forex Broker Activity
Therefore, while price can rally into a major event, a disappointing news release could easily pull the currency lower. As such, ahead of the central bank decision, the markets already have a fair idea of what the central bank will do. For those of you who have traded stocks, you would know that the equity Forex news markets also has a calendar known as the earnings calendar. The earnings calendar basically tells you when a company will be reporting on its earnings and so on. Between the above two types, the unscheduled economic events have a larger impact than compared to the high impact scheduled economic events.
Use our economic calendar to explore key global events on the horizon that could subtly shift or substantially shake up the financial markets. With the above customizations you are now able to create your own economic calendar of your choice. For example, if you only trade the EURUSD currency pair and you are Forex news based in Asia, then you can set the time in forex economic calendar to your local time zone. Once you make the above customizations you can have your own personalized forex factory economic calendar. Before we go any further, let’s break down the different sections of the forex factory economic calendar.
