What is the best forex news site?

What is the best forex news site?

What Are The Best Sources for Forex News?

  • Forex Factory. This site offers the most updated and current news that affects a trading session.
  • Babypips. This is just the right site for beginners.
  • Daily FX. This site is part of the FXCM, a forex broker site.
  • Traderbase. Traderbase is part of iFOREX.
  • RatesFX.

Where can I watch forex news?

Traditional Financial News Sources

  • Reuters.
  • The Wall Street Journal.
  • Bloomberg.
  • MarketWatch.com.
  • CNBC.

What kind of news moves the forex market?

Economic data tends to be one of the most important catalysts for short-term movements in the forex market. Since the dollar is one side of many currency pairs, U.S. economic releases tend to have the most pronounced impact.

Is DailyFX legit?

DailyFX Reviews Very good site with current analytics and charts. I always use it when trading on Forex. In addition, the site has a news feed, which is always the latest financial news. Totally recommend to anyone who interested in the global financial markets and their condition.

Who is fx live?

FXLive is our web-based foreign exchange rate booking platform. It enables easy booking of FX exposures based on your specific requirements and tenors. You can get an instant deal confirmations and Deal details which can be submitted to along with your documents to the branch for convenient processing.

Is EUR USD going down?

EUR/USD Daily Outlook Range trading continues in EUR/USD and intraday bias remains neutral. Further decline will remain in favor as long as 1.1382 resistance holds. Break of 1.1185 will resume larger decline from 1.2348. Next target is 161.8% projection of 1.2265 to 1.1663 from 1.1908 at 1.0934.

What is the most volatile forex pair?

Classifying currency pairs by volatility Most volatile pairs are GBP/CHF and GBP/JPY. Their volatility is 100-140 points on average depending on the trading session. For such pairs, choose a trading strategy that correlates with their ranges.

How does news affect trading?

Good News/Bad News. Negative news will normally cause people to sell stocks. Positive news will normally cause individuals to buy stocks. Good earnings reports, an announcement of a new product, a corporate acquisition, and positive economic indicators all translate into buying pressure and an increase in stock prices.

Is Forex in the Bible?

Biblical Forex Trading Guide: Ecclesiastes 11:1 – Invest your money in foreign trade, and one of these days you will make a profit Kindle Edition.

Is Forex a luck or skill?

Luck doesn’t work in Forex. Skill is the only thing you can use to succeed. Trading is a chess game.

Is gold bearish or bullish?

In the near term, and according to the 4-hour chart, gold is neutral-to-bullish. The bright metal has accelerated north after surpassing a directionless 20 SMA, while the Momentum indicator remains directionless within neutral levels.