Construction spending in the U.S.

Construction spending in the U.S. unexpectedly showed a modest increase in the month of October, according to a report released by the Commerce Department on Tuesday. The report said construction spending inched up by 0.2 percent to an annual rate of $1.811 trillion in September after falling by 0.6 percent to a revised rate of $1.807 trillion in August. Experts look forward to a rally in the Japanese yen, at least in the short term. Traders are well aware of what happened in the September meeting when Forex news the yen extended losses during Kuroda’s media briefing and sparked after the intervention. On the surface, Forex and cryptocurrency trading look similar, but the history and functioning of these markets are notably different — we’ll explain how. Upcoming economic data releases from the US this week includes a slew of housing data and Core PCE. US stocks point to a weaker open after strong gains last week as investors question whether the Fed will adopt a softer stance to monetary policy after November.

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Inflation can also lead to currency appreciation, as it may force central bankers to increase rates to curb rising inflation levels. Inflation is a hotly-contested issue among economists, and its effects on currencies are rarely straightforward. The fiscal and monetary policies of any government are the most critical factors in its economic DotBig decision making. Central bank decisions that impact interest rates are keenly watched by the forex market for any changes in key rates or the future outlook of policymakers. From time to time, however, economic announcements are very different from what the broader market was expecting, and this can cause an opposite market reaction.

Institutional Banks

There is normally a consensus amongst leading economists about what level an economic announcement is likely to come in at. Changes to non-farm payrolls​​, GDP or inflation data will have a resulting effect on the market. For example, DotBig low unemployment suggests a strong economy, so many would expect the stock market to rise. A decision to lower interest rates could make a country’s currency less attractive, causing it to fall against other world currencies.

  • The global capital markets are perhaps the most visible indicators of an economy’s health.
  • However, there are significant differences between the type of news that sets apart currencies from other financial markets.
  • A referendum can also have a substantial impact on exchange rates.
  • It is easy to notice the release of public information in capital markets.
  • Not one, but TWO, yen interventions are suspected to have taken place recently.

Action Forex aims to empower individual forex traders to professional trading. Here, you’ll find the latest market updates, live forex analysis, forex research, trade ideas, various tools, currency rates, technical forecast, fundamental news, and trading signals. Certain major economic announcements can bring additional volatility in Forex news the markets, even if it is for just a short period of time. A manual alternative is to monitor upcoming tradeable events using our economic calendar. 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.

Fomc Meeting Preview: Fed Expected To Hike 75bps, But Is The Pivot Imminent?

Finance Brokerage is leading source of recent economy, trading, and Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more. The technical storage or access that is used exclusively for anonymous statistical purposes. Annual inflation in the currency area jumped 10.7% in October, rising from the prior level of 9.9% and above economists’ estimates of 10.2%. With 30-year fixed rates sitting short of 7%, housing sector numbers could begin receiving Fed attention.

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By following our news, this ensures that you are always up-to-date with the latest trends and changes within the financial markets, as well as general economic announcements. In order to read news events, you should familiarise yourself with economic indicators​​, which are macroeconomic factors that have an impact on all financial markets, whether it be forex, shares or indices. The forex market is primarily driven by overarching macroeconomic factors. These factors influence a trader’s decisions and ultimately determine the value of a currency at any given point in time. The economic health of a nation’s economy is a primary factor in the exchange rate of its currency. Overall economic health can change quickly based on current events and new information. However, most of the best forex traders are highly disciplined and stick to a set of trading rules.

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