Since markets move because of news, economic data is often the most important catalyst for short-term movements. This is particularly true in the currency market, which responds not only to U.S. economic numbers, https://www.cmcmarkets.com/en/learn-forex/what-is-forex but also to news from around the world. Here, we look at which economic numbers are released when, which data is most relevant to forex traders, and how traders can act on this market-moving information.
Bitcoin options data suggest that traders are currently bearish and hesitant in betting on the leading cryptocurrency’s next directional moves. Investors have not been this long-term bearish since the May 2021 crash when over 50% of BTC value was wiped out.
Traders can perform company analysis before deciding whether to invest in a stock. This includes analysing its growth rate potential, as well as any potential legal, political or insolvency risks. Financial ratios such as price/earnings along with dividend yields can also indicate whether a stock is a healthy investment right now. Recent examples include the Greek debt crisis and China market turmoil.
Either one of the levels must be breached prior to expiration in order for the option to become profitable and for the buyer to receive the payout. If neither barrier level is breached prior to expiration, the option expires worthless. https://www.castingcall.club/m/bbmanhattan A double one-touch option is the perfect option to trade for news releases because it is a pure non-directional breakout play. As long as the barrier level is breached—even if the price reverses course later—the payout is made.
Pay Special Attention To News From The U S
Choosing the appropriate currency pair is an important decision when “Trading the News”. The United States still has the largest economy in the world and the U.S. dollar is the world’s reserve currency.
- Email us the type of bloggers you want to reach out for your marketing campaign at We’ll share blogger’s data in an Excel or CSV format.
- Brazil posted a trade deficit of $176 million in January, official data showed on Tuesday, broadly in line with the median forecast of a $167 million deficit in a Reuters poll.
- We continue to see significant volatility from the Australian dollar.
- Novice traders will love IG’s intuitive mobile and desktop platforms, while advanced traders will revel in the platform’s selection of indicators and charting tools.
- As discussed, our online trading platform, Next Generation, releases regular news and analysis articles for all financial markets.
- The dollar index Monday was under pressure from strength in EUR/USD after stronger-than-expected inflation pressures in Germany pushed bund yields…
This feature can be found on our Next Generation platform and highlights events such as unemployment reports, GDP, CPI and PPI figures, as well as trade reports and sentiment surveys. These events can all have an effect on market sentiment and cause major price swings within forex news the financial markets. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.
Canadian Dollar Starts Week Higher
Many short-term traders base their decisions solely on technical analysis and price charts, regardless of which markets they are trading. It’s common for traders to completely ignore fundamental factors and instead forex news follow price trends, analyse support and resistance levels and weigh up various signals from technical indicators. A manual alternative is to monitor upcoming tradeable events using our economic calendar.
Commodities And Cryptos: Crudes Great Week, Gold Extends Losses, Bitcoin Rebounds
Pepperstone is an Australian broker focused on providing international forex, CFD and cryptocurrency trading. Though U.S. traders currently cannot open an account with Pepperstone, the broker remains an affordable and comprehensive option for international traders.
Even if you’re relatively new to stock trading, you’ve likely heard people talk about forex trading. The term “forex” is an abbreviation for “foreign exchange,” and it refers to the practice of trading foreign currencies. A double no-touch option is the exact opposite of a double one-touch option. There are two barrier levels, but in this case, neither barrier level can be breached before expiration—otherwise the option payout is not made. This option is great for news traders who think that the economic release will not cause a pronounced breakout in the currency pair and that it will continue to range trade.