economic news

You should know that most economic news is related to the U.S. Dollar. Nonfarm payrolls (NFP) data is released by the U.S. Bureau of Labor Statistics every first Friday of the month. This news affects all currency pairs involving the U.S. Dollar. A higher NFP forecast is considered bullish news for the U.S. Dollar. EUR/USD/JPY will be negatively impacted by higher NFP estimates.

In addition to business reports, you can check out economic indicators, such as inflation, unemployment, consumer spending, and the FED. Depending on your goals, you can use this information to determine which stocks to buy or sell. Economic news can be particularly helpful for investors. The following 5 economic news releases are useful as a starting point in your analysis. If you are new to the field of economics, these can provide you with the background information you need to make investment decisions.

While the international community is watching the Russia-Ukraine conflict, U.S. and European Union leaders will meet. Meanwhile, the president of the Atlanta Federal Reserve Bank penciled in two interest-rate hikes before 2023. While the path to permanent joint bond sales is long and bumpy, the Russian invasion of Ukraine may have helped. This means that the market will be open for more foreign exchange interventions. It is unclear whether the government will raise interest rates to calm global markets.

In trading news, the most common way to trade news is to look for a consolidation period before a big number and then trade the breakout move that follows. This can be done on a short-term basis, or it can be used for several days. In this case, the euro was holding its breath ahead of the October number. This news had the potential to cause the euro to rise. The most common trading method for economic news is to look for consolidation or breakout periods ahead of the big number and then trade it on the back of the news.

While trading news is based on the consensus figure, it can be difficult to gauge a country’s actual economic performance. In addition, there are whisper numbers, which are unofficial estimates. And there are revisions to previous reports that are important as well. As a result, some economic news releases are more important than others. Depending on the country, and other data releases being released at the same time, forex players will be paying close attention to the forex market during these times.