rate, and the eurusd dropped like a rock: two hundred pips in a few minutes. However, there is one central bank that has a dual mandate: The Federal Reserve of the United States. Technological advances made room for one of the most powerful industries of them all: High-Frequency Trading (HFT). Related Pairs feature shines a light on markets likely to be impacted by a given report, metric, or news item. This makes central banks actions the cornerstone for money movement. You also have a grey color non-economic legend.
Select specific timeframes and time zones, set alerts, and apply filters so its relevant to your trading.
Fundamental analysis in Forex trading strongly depends on the economic trading calendar.
The FX news calendar is a listing of the economic events that influence currencies.
It didnt matter that the next day the NFP in the United States came better than expectations. It represents the difference in value between imported and exported goods during the reported month. The exact moment the news comes out. 197 Registered address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown,. Theres no better tool for that than the economic calendar. How do you think the traders will react to that? Choose your course NOW AND start learning forex today! The forecast column shows you what economists were forecasting before the news was to be released.
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