Speculation and pricing related to demand is mainly influenced by many of the same major news releases noted above, plus commodity Forex news inventory reports and outlooks. 75.2% of retail investor accounts lose money when trading CFDs with this provider.

The table below shows some of the main resource currencies and the commodities that affect them. These can be used by traders as a sort of https://www.share-talk.com/universal-broker-dotbig-cryptocurrency-trading-opportunities/ trading signal, as it can help to predict where the price of the currency is headed. MarketPulse is an award-winning news site that delivers round-the-clock commentary on a wide range of asset classes, as well as in-depth insights into the major economic trends and events that impact the markets. Opinions expressed herein are those of the authors and not necessarily those of OANDA or any of its affiliates, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, please access the RSS feed or contact us at © 2020 OANDA Business Information & Services Inc. With the FXStreet app, you can stay informed about market news and currency changes. Do not miss the latest news about the forex, crypto and stock markets to help your Trading with the best economic calendar and trading insights and signals.

EUR/USD consolidates ahead of GDP, ZEW and inflation data

Our Research and Education center offers daily updates on all the major trading sessions along with multiple daily briefings on all critical market events which daily shape the global markets. The Bank reminds its clients that if they require a wider scope of cryptocurrencies they can explore the recently launched P2P crypto exchange service. Dukascopy Bank’s marketplace for P2P exchange can process any blockchain. Therefore, it provides a secure environment to transact in virtually any token given that there is a counterparty willing to https://www.forextime.com/education/forex-trading-for-beginners take the opposite side of the trade. The broker’s partnership with Paxos will enable U.S.-based investors to spot-trade cryptocurrencies on Paxos’ itBit exchange through Oanda’s mobile platform. Markets Cheer As Inflation Beast RetreatsIn a welcome development for financial markets, the annual inflation rate in the United States slowed to 7.7% in October, the lowest level since Janua… In a welcome development for financial markets, the annual inflation rate in the United States slowed to 7.7% in October, the lowest level since January.

A sense of unease gripped financial markets on Wednesday as a rocket blast in Poland overnight left investors on edge. 79% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider. Of course, there are drawbacks of news-based trading as well. In particular, news trading requires expert fundamental Forex news analysis skills, as you will need to understand how certain economic announcements can affect your positions and the wider financial market. 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.

GBP/USD Hits Day High on Better-Than-Expected Q3 UK GDP Numbers

Every journey starts with a single step and this is true of trend reversals as well. An economic announcement is rarely enough to quickly https://www.share-talk.com/universal-broker-dotbig-cryptocurrency-trading-opportunities/ change a medium-term trend, but how the market reacts to surprises can give the first clue that sentiment is starting to shift.

• The Fed said industrial production edged down by 0.1 percent in October following a revised 0.1 percent uptick in September.
• The yuan weakened past 7.2 to the dollar, complicating Chinese policy makers’ efforts to boost the country’s economy with lower interest rates.
• The rapid fall in the Japanese yen has been at the center of one of the biggest bets on Wall Street this year, but a group of contrarian investors is pushing the other direction, expecting a major reversal.
• We monitor global events and FX markets day and night, so you don’t have to.
• It’s been quite a choppy start to the trading week, with much of the focus on China where Covid rela…

Besides, you can read, filter and digest every Crypto broker Dotbig piece and receive notifications in real-time to be informed when new macroeconomic data and events are released. The Forex Market Map provide a quick visual view of the foreign exchange markets and how they are performing on the day, as well as how they are performing versus other major currencies. JP Morgan has extended its lead as top foreign exchange options dealer in the rankings for US mutual funds in the second quarter of the year. We show you the best graphs so you can have a complete analysis of all the markets. FXStreet has all the news about the currency and commodity markets in real-time. Download our app and get the most relevant live news that have an impact on the currency markets. There is also the risk of carrying positions for a longer period of time.