For more on technical analysis and how to use our free trading charts to trade forex and other assets, see our top 3 technical analysis charts for trading. It can also be helpful to understand the differences between Fundamental and Technical Analysis in forex trading, and how to apply them to your trades. daily fx calendar You can select each event of interest to learn more information about it, the surrounding news and analysis, and also to add it to your email calendar, which can be done by clicking the ‘Add to Calendar’ button. Below, we click on the Fed Interest Rate Decision event to find out about its relevance.
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Higher-than-expected wages could increase disposable income and consumer spending. Upward trends in consumer spending could fuel demand-driven inflation. A more hawkish rate path would raise borrowing costs and reduce disposable income.
- BabyPips.com’s Economic Calendar is your trading companion to avoid event risk.
- These include close to real-time updates, customized settings for each user, and a more comprehensive view of individual economic data releases.
- As you will see, the DailyFX economic calendar includes a range of features to improve your experience – making it easier to plan and prioritize.
- Event risk is anything that will move markets, but that you can’t see coming.
Latest news and analysis
From December 19th, 2022, this website is no longer intended for residents of the United States. The USD/JPY hovered comfortably above the 50-day and 200-day EMAs, affirming the bullish price signals. Economists expect the CB Consumer Confidence Index to decline from 104.7 to 104.0 in April. Events on the calendar are graded low, medium and high, depending on their likely degree of market impact. We offer different trading conditions, allowing for a more personalised experience.
Bank of England set to join the ‘higher for longer’ club
Economists forecast retail sales to increase 2.5% year-on-year in March after rising 4.6% in February. Furthermore, economists expect the unemployment rate to fall from 2.6% to 2.5%. Industrial production, retail sales, and unemployment figures from Japan will impact buyer demand for the USD/JPY. Significantly, the stats could influence the Bank of Japan interest rate trajectory.
Learn more about using news and events to trade forex and improve your knowledge of how fundamentals move currency prices. In the example in the image below, the search has revealed the upcoming Fed interest rate decision from the US, as well as key economic events from the Eurozone. A flag icon indicates the country of the data release, and next to it, its currency. So you can quickly scan and see what currencies might be affected today or in some specific days. Learn more about how central banks impact the forex market and the effects of central bank intervention in the forex market.
We introduce people to the world of trading currencies, both fiat and crypto, through our non-drowsy educational content and tools. We’re also a community of traders that support each other on our daily trading journey. Exclusive trading tools, news and analysis that will take your trading to the next level. FxPro MT4 is one of the most powerful combinations in online forex trading. Big news events can, and often do, cause big swings with a single movement going several percent in one direction. Bank of Japan commentary, Japanese government interventions, and the US economic calendar need consideration.
When a new data is released, the calendar page is automatically refreshed so you do not miss it. For organization, the events on the DailyFX economic calendar are grouped by country/region and timezone, and graded low, medium or high importance, depending on their likely degree of market impact. It’s the most complete, accurate and timely economic calendar of the Forex market. We have a dedicated team of economists and journalists who update all the data 24h a day, 5 days a week.
With over 20 years of experience in the finance industry, Bob has been managing regional teams across Europe and Asia and focusing on analytics across both corporate and financial institutions. Currently he is covering developments relating to the financial markets, including currencies, commodities, alternative asset classes, and global equities. However, these will likely play second fiddle to the wage and consumer confidence figures. Due to the increased market volatility, it is important to remember that trading around news events can result in significant slippage. Since forex trading is the simultaneous buying of one currency and selling another, you can use the Economic Calendar to compare the economies behind each currency. Our trading charts provide a complete picture of live currency, stocks and commodities price movements and underpin successful technical analysis.
