The data on this page is sourced from traders using Forex Factory's Trade Explorer, a web-based interface that empowers traders to intelligently analyze their trading performance. Create a Trade Explorer, or learn more in the user guide and FF blog . View, analyze, and follow live forex trades from around the world, or attempt to compete for a Bonds & rates. After hours stock quotes coverage from CNN. View post-market trading including futures information for the S&P 500, Nasdaq Composite and Dow Jones Industrial Average.

There’s no single strategy for trading the news. When the news hits, the price tends to spike in one direction or has a muted reaction to the data as traders digest the outcome against market expectations. Knowing this, there are two main approaches to trade the news: a) Having a directional bias. b) Having a non-directional bias.

Dollar analysis: USD/JPY, GBP/USD and Gold among FOMC trades to watch. No one is expecting any further tightening from the Fed ahead of the FOMC’s last policy decision of the year. Market pricing of 125 basis point rate cuts in 2024 will be put to the test today and judging by the Fed’s cautious approach to things, there is a good chance
Euro climbs to two-week high as ECB meeting looms The euro has extended its gains in Thursday trading. In the European session, EUR/USD is trading at 1.0925, up 0.45%. It has been a good week for the euro, which has climbed 1.5% against the US dollar. The European Central Bank meets later on Wednesday and is widely expected to hold rates at 4.0% f
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Equip yourself with strategies to navigate the volatility associated with forex news trading at the release. 3. Trading after the news release. Trading post-release involves entering the trade EUR/USD = 1.2545/1.2572. The first number is the bid. So, in this kind of pairing, the broker would pay you 1.2545 USD for one euro. The second number is the ask, which means the broker wants you to pay 1.2572 for one U.S. dollar. Best Comprehensive Course Offering: Asia Forex Mentor—One Core Program. Best Free Option: Daily Forex FX Academy. Best Crash Course: Six Figure Capital. Investopedia offers its own stock trading
Forecasts. Follow our weekly forecast for forex and gold and find expert predictions, analysis and currency forecast tools to help you trade more consistently. Cable dropped around half-a-point
EUR/USD is the most popular currency pair for Forex beginners. It is predictable mainly with clear support and resistance zones. Any of the 10 top Forex currency pairs are suitable for beginners if trending and show explicit price action. But EUR/USD is a great pair to get started trading Forex. The platform well-known and often preferred by veteran traders, with tools and features exclusive to FOREX.com. Competitive spreads with no commissions, eligible for the Active Trader program. More than 80 different forex pairs. 20+ expert advisors and exclusive indicators from FX Blue, plus free VPS hosting. Open MT4 account. b4oji.
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