Which news can affect which currency? | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Why did US news affect my GBPAUD trade? 3 replies

Can news out of one country affect another? 5 replies

Which currency pair is the least affected by news? 1 reply

Which Currency pair that does not affect another one? 4 replies

Attachments: Which news can affect which currency?
Exit Attachments

Which news can affect which currency?

  • #1
  • First Post: Feb 7, 2019 4:36am Feb 7, 2019 4:36am
Does anyone know if GBP news reports has an impact on the EUR and vice versa? I really hate trading into reports and I have no idea if news from New Zealand affects the Aussie or Chinese news affects the JPY etc...

It never really shows imact on other currencies on Forex Factory.

Also...does anyone know of a site that explains which reports also affects other futures. For example CL vs NG. Thanks in advance.
  • #2
  • Feb 8, 2019 6:05am Feb 8, 2019 6:05am
I'm sure GBP news reports has an impact on the EUR and opposite. I remember all the Brexit stuff happen and the rates were affected severely that time.
  • #3
  • Feb 9, 2019 9:57am Feb 9, 2019 9:57am
Quoting MurongYan
I believe GBP news will affect EUR as well, to an extent; and vice versa. AUD and NZD probably works the same manner as well. Some people believe that news are the stimulus that move pairs in the direction, others believe that news will only have temporoary impact. Which is your belief?
That's true, it's why people trade currency pairs correlations.
  • #4
  • Feb 12, 2019 5:04pm Feb 12, 2019 5:04pm
this is something i need to study more about, understanding which pairs affect each other.
  • #5
  • Feb 13, 2019 10:09am Feb 13, 2019 10:09am
Quoting walpants
this is something i need to study more about, understanding which pairs affect each other.
Start with checking the Forex Calendar here on Forexfactory, it has explanations about each news event.
  • #6
  • Feb 14, 2019 3:22pm Feb 14, 2019 3:22pm
Yes I believe they do
  • #7
  • Feb 14, 2019 4:15pm Feb 14, 2019 4:15pm
Quoting mlawson71
{quote} Start with checking the Forex Calendar here on Forexfactory, it has explanations about each news event.
thank you, i will do that.
  • #8
  • Feb 15, 2019 8:51am Feb 15, 2019 8:51am
I'd be very careful trading GBP or EUR at all over the next couple of months regardless of whether a news event is due or not. It only takes one moron from the British government to say something stupid and the GBP & EUR markets are all over the place
  • #9
  • Feb 15, 2019 11:06am Feb 15, 2019 11:06am
I agree. The GBP is very dependent on any and all Brexit news at the moment, both scheduled and unscheduled ones, so keep your eyes open.
  • #10
  • Feb 18, 2019 3:50am Feb 18, 2019 3:50am
Any economic news will affect the markets!

During the day that news is released its probably a good idea to avoid trading
  • #11
  • Feb 22, 2019 8:05am Feb 22, 2019 8:05am
Quoting walpants
this is something i need to study more about, understanding which pairs affect each other.
Basically, high impact news affects almost all of the trading pairs; so concentrate more on the high impact news.
  • #12
  • Feb 22, 2019 10:47am Feb 22, 2019 10:47am
About "FOMC member speaks" news, where do you go and read what they spoke?
Sorry i am a beginner hence no clue.
  • #13
  • Feb 22, 2019 12:29pm Feb 22, 2019 12:29pm
This is a matter of geopolitics and global economy. Usually international treaties, elections immediately reflect on currency. It makes sense not to trade on the same day; it can be not very smart idea. Definitely it is a good idea to track the news.
  • #14
  • Feb 23, 2019 10:38am Feb 23, 2019 10:38am
Quoting Kuular
About "FOMC member speaks" news, where do you go and read what they spoke? Sorry i am a beginner hence no clue.
Economic news sites are useful; but you can use economic calendar of FF for news trading; it’s free but very much useful.
  • #15
  • Feb 23, 2019 12:10pm Feb 23, 2019 12:10pm
Quoting Kuular
About "FOMC member speaks" news, where do you go and read what they spoke? Sorry i am a beginner hence no clue.
You can always look at the EUR/USD thread; often someone will post the links for the speeches. Cheers.
Christabelle means beautiful. I'm here to chit-chat and eat cotton candy.
  • #16
  • Feb 24, 2019 3:36am Feb 24, 2019 3:36am
This is a condensed version of the FF news spreadsheet that attaches to mt4. Just adjust the settings to fit your needs.

Attached File(s)
File Type: ex4 News Releases.ex4   36 KB | 487 downloads

As for trading news, sometimes other currencies affect other currencies, and sometimes they don't. Often, anything less than high impact will spike, then reverse the spike as if it never happened. Of course, that is not true all the time, or else anyone could trade. Most likely this action is a result of banks already knowing the news so it has already been traded. At announcement then, they can move price in the opposite direction to drive traders to their stop losses. You can expect any major USD news to effect the whole market, but that is not necessarily true of EUR and GBP.

This indicator supposedly tracks correlation.
https://www.forexfactory.com/showthr...40#post7445540

You can also use this software if you would like a stand alone calendar to use. It shows the whole week for the whole market, but you can reduce what you see if you want. It also has a notification alarm.
https://www.forexfactory.com/showthr...59#post8376659
You cannot be extraordinary by being normal
  • #17
  • Feb 28, 2019 4:55am Feb 28, 2019 4:55am
Quoting Pickles
{quote} You can always look at the EUR/USD thread; often someone will post the links for the speeches. Cheers.
Which EURUSD thread? Can you please explain with the details? Thanks in advance.
  • #18
  • Last Post: Oct 22, 2020 12:17pm Oct 22, 2020 12:17pm
Use forex factory’s economic calendar. It will tell which news will impact which currency and impact potential also.
0 traders viewing now