Forex News Today – How to Trade News That Matters to Currency Traders
blogNews is a Forex News Today short-term catalyst in the forex market, driving both volatility and trend. But not all news is created equal. That’s why Forex Factory News is an essential component of the Forex Factory platform, providing a specialized lens that filters out the noise and highlights only the news that matters to currency traders.
Whether it’s scheduled news drivers or breaking developments, Forex Factory News is an indispensable tool for trading on the news. For scheduled events, the economic calendar displays a roadmap of potential market-movers, with each event color-coded to indicate its expected impact level (red for high, orange for medium, yellow for low). Traders can also customize their view by filtering out or prioritizing events that affect specific currency pairs they trade.
Track Market Changes: Tools and Tips for Active Investors
In addition to highlighting scheduled news, the economic calendar displays all published news items from around the world in real-time. The most important news items are those that beat or miss expectations, as well as those that create broader risk sentiment shifts. For example, a weak-than-expected jobs report can strengthen USD-pairs, while a positive jobs number might cause markets to sell gold, which is often correlated with the USD. Similarly, geopolitical events can strengthen safe-haven currencies like JPY and CHF. For these types of stories, the Hottest Stories section is a useful resource for traders looking to identify market-moving headlines that are creating trader interest. This can be an invaluable guide for finding opportunities to enter and exit positions, especially during the London-New York overlap when liquidity peaks.