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Avoiding trading on major news events

  • Post #1
  • Quote
  • First Post: Edited 10:52am Feb 10, 2008 10:35am | Edited 10:52am
If someone wanted to avoid trading during the "major" news events that can "significantly" move the British Pound and the Yen what would they be for each of these two currencies. Thanx

Abi
If you look on the Forex Factory homepage you'll see a news calendar at the top of the page. It names the news event, shows the currency it will likely affect, and shows the anticipated degree of impact on that currency.

Remember to consider both the base and counter currency you're trading.
Quoting abikambic
If someone wanted to avoid trading during the "major" news events that can "significantly" move the British Pound and the Yen what would they be for each of these two currencies. Thanx

Abi
Let me say it another way....

Here are the "major" price movers of news events for the U.S. DATA REPORTS

1) Non Farm Payroll
2)FOMC(Interest Rates)
3)Trade Balance
4)Gross Domestic Product(GDP)
5)Retail Sales
6)Durable Goods
7)Inflation(CPI AND PPI)
8)Foreign Purchases(TIC Data)

What are the names that England and Japan have for these same type of reports. Thanx.....................
Quoting abikambic
Let me say it another way....

Here are the "major" price movers of news events for the U.S. DATA REPORTS

1) Non Farm Payroll
2)FOMC(Interest Rates)
3)Trade Balance
4)Gross Domestic Product(GDP)
5)Retail Sales
6)Durable Goods
7)Inflation(CPI AND PPI)
8)Foreign Purchases(TIC Data)

What are the names that England and Japan have for these same type of reports. Thanx.....................
The majority of the names are similar. Look out for Meeting Minutes from BOE.
  • Post #5
  • Quote
  • Last Post: Feb 11, 2008 3:32pm Feb 11, 2008 3:32pm
Quoting forexmoments
The majority of the names are similar. Look out for Meeting Minutes from BOE.

Thanx Much.................
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