Each and every economic event is labeled with an impact from no-impact to low, medium and high impact as well as the previous, consensus and actual result. An economic calendar is a resource that allows traders to learn about important economic information scheduled to be released in major economies. Such events might include familiar indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report. Further, in today’s environment of fiscal cliffs and central bank intervention, it can be very helpful to know the date of the next central bank meeting or major news announcement. Meeting dates are sorted by bank and also by month, helping you plan your strategies around the key monetary policy and central bank interest rate announcements that can move currency pairs. Also in this section, read news and analysis by our experts for more on how the central bank decisions influence forex.
- Now that you’re on the calendar tab, all you need to do is click on the button as shown in this picture.
- Content distribution platform LBRY said late Thursday that it has filed a notice of appeal against a recent ruling that declared the LBC token as an unregistered security.
- These articles include daily charts highlighting important support and resistance levels as well as the chart patterns taking shape.
- Daily FX review by financial forex experts, Read about Daily FX calendar and the Daily FX Gold and silver news.
- Yesterday Chicago Fed President Austan Goolsbee was hopeful of achieving a ‘golden path’ but stressed inflation is too high and that the Fed’s broad view is that interest rates will need to remain high for a relatively extended period.
If CPI posts a beat to the upside, markets may to look more favourably towards the possibility of that final 25-bps hike before the Fed is likely to reach its interest rate peak. The opposite holds the same logic where a lower print reduced the urgency to restrict financial conditions further, providing temporary relief for gold. This will give you the ability to filter events based on expected impact, event types and currencies. You can click on the weekly view to show news event synchronized with your local timeline.
United States – Economic indicators
While predominantly focused on forex trading, Daily FX also covers commodities and indices. The news section provides analysis of market movements and the economic or political factors behind them, while the technical analysis section examines promising chart formations on key financial markets. In this tutorial, you will learn how to use the Dailyfx economic calendar, dividend calendar, and central bank calendar.
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. DailyFX was founded in 1999 as a news and analysis website wholly owned and operated by FXCM. By 2015 it had grown into one of the world’s leading forex sites, with over eight million page views every month.
The European Central Bank is headed for a crunch rate decision next week amid rising recession risks and the job on inflation not yet done. It’s going to be a big week for the US dollar as well, as the CPI and retail sales reports are due before the Fed’s September meeting. 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. © ForexSQ.com All Rights Reserved – Online Forex Trading, Stock Trading are high risk and losses can exceed your investment. With Citigroup’s economic surprise index remaining elevated compared to its peers, the US appears likely to see further surprises to the upside which bodes well for the US dollar.
ECB Interest Rate Decision
The https://g-markets.net/ include complete release schedule of forex news events coming out of the G-10 countries, with filter capabilities to rank each by their importance and impact on specific currencies. Everyone from beginners, market day traders and the very experienced examine market moving events to stay ahead of crucial announcements, all the while looking for excellent trading opportunities. The Forex Calendar is also used by many traders to make wise trading decisions and avoid sudden particular economic situations. As you will see, the DailyFX economic calendar includes a range of features to improve your experience – making it easier to plan and prioritize. These include close to real-time updates, customized settings for each user, and a more comprehensive view of individual economic data releases.
Euro (EUR) Price Latest: Euro Area Q2 GDP Downgraded, EUR/USD Probing 1.0700 – DailyFX
Euro (EUR) Price Latest: Euro Area Q2 GDP Downgraded, EUR/USD Probing 1.0700.
Posted: Thu, 07 Sep 2023 10:42:53 GMT [source]
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. Today represents the last day for Fed officials to provide an opinion on policy matters ahead of the media blackout period beginning tomorrow. Yesterday Chicago Fed President Austan Goolsbee was hopeful of achieving a ‘golden path’ but stressed inflation is too high and that the Fed’s broad view is that interest rates will need to remain high for a relatively extended period. His colleague John Williams pointed to a more balanced labour market and slowing wage growth as signs that current policy is having an effect but reiterated that more data is still to come (US CPI next week).
Rates
This part of the page is where you can navigate through any time frames you desire. As shown in the filters, there is the importance tab where you can change what events you would like to focus on. Filters will help you determine the type of currencies and news to display. Now that you’re on the calendar tab, all you need to do is click on the button as shown in this picture. MULN stock has gained 1.7% in Friday’s premarket in sharp contrast to the leading equity indices.
However, with an unemployment rate of under 4%, there is still a lot of money changing hands. A webinar calendar is where you can find the upcoming conferences hosted by webinar organizers in near real time over the internet on an everyday basis. Overbought DXY and oversold EUR/USD for the past 2 months traded maximum at 150 pip ranges for each of the prior 8 weeks. Spot market EUR/USD Futures contracts since July traded 2-day highs at 300,000 contracts and a fairly normal 150,000 to 200,000 per day contracts. The Pound Sterling bulls jumped back into the game against the United States Dollar (USD), helping GBP/USD stage a solid comeback from two-month troughs.
Long USD/CNH
The weekly chart reveals the threat of an upside breakout after prices started this week above channel resistance but has since traded lower. The descending channel suggests that gold prices may find it difficult to see large moves to the upside. $1956 remains the level to watch if a longer-term bullish move is to develop.
GBP/USD Price Forecast: Pound Breakdown Post-BoE & UK Housing Data – DailyFX
GBP/USD Price Forecast: Pound Breakdown Post-BoE & UK Housing Data.
Posted: Thu, 07 Sep 2023 07:55:04 GMT [source]
DailyFX also offers free trading webinars to help you plan around major news releases. Our forex economic calendar is fully customizable, helping you keep track of the exact data you’re interested in. Select specific time zones and currencies of interest and apply filters to refine results and fit your strategy.
Risk is the difference between your entry price and dailyfx calendar stop loss price, multiplied by the position size.
The euro tries to defy a break below 1.07 as euro area economic data continues to paint a bleak picture. From December 19th, 2022, this website is no longer intended for residents of the United States. The site offers a series of webinars that highlight some of the major trading tools and how they can bring value to a client’s trading approach. To go to the “Monthly View” category, just click the “Monthly View” button and it should show you detailed meetings of every bank in each month. On the “Bank View” button, you will see a more detailed meeting date of each bank.
A forex economic calendar is useful for traders to learn about upcoming news events that can shape their fundamental analysis. This piece will explore the DailyFX economic calendar in depth, offering tips on how to read a forex economic calendar to plan ahead, manage risk, and support strategic trading decisions. The Forex market is traded 24/7 and is largely driven by economic news and data.