Economic Calendar And Forex Mining: Insights For New York Traders

admin

Economic Calendar And Forex Mining: Insights For New York Traders – Crypto Craft, a website that curates market information for traders, has launched the world’s first economic calendar designed for crypto traders. The calendar covers the growing list of economic events affecting the crypto markets, helping traders understand when data will be released and how it could affect the market.

“The economic calendar is an important tool for traders and it has been absent from the crypto space until now. For almost two decades we have been producing economic calendars for the financial markets and it is exciting to finally apply our expertise to the crypto market. We hope to provide predictability to a market where volatility often comes as a surprise to traders.”

Economic Calendar And Forex Mining: Insights For New York Traders

Economic Calendar And Forex Mining: Insights For New York Traders

Every event covered in the economic calendar is presented as it relates to the crypto markets, resulting in an ease of use that keeps traders in step with the market. The calendar is packed with features like updated impact scores, customizable alerts, event filtering, economic charts and related news. Most importantly, it is supported by a team of financial economists working on Crypto Craft 24/7, ensuring that the calendar is accurate, reliable, current and accessible for traders to rely on daily for their most important trading decisions.

Forex News And Market Insight

“The Crypto Economic Calendar furthers our mission of connecting traders to markets. We hope that with it, traders will have another tool in their arsenal to sharpen their edge in the crypto markets,” said Schmid.

The Fair Economy team has regularly expanded and updated the functionality of the websites they run, including (on top of Crypto Craft) Forex Factory, Metals Mine and Energy EXCH. For example, popular FX platform and financial news website Forex Factory has recently introduced a new alert system aimed at better connecting traders to the markets and to each other.

The Crypto Craft website is designed exclusively for professional traders involved in the cryptocurrency markets. Its mission is to keep traders connected – to the markets and to each other – in ways that positively impact their trading results. The website includes a forum where traders from all over the world share ideas, an economic calendar that covers all the events that move the crypto markets, a news feed that keeps traders up to date with market moving information and market charts that are based on prices aggregated from multiple exchanges.

Crypto Craft is owned and operated by Fair Economy, Inc., a company dedicated to the democratization of financial information.

Important Forex Economic Indicators

Maria Nikolova Maria has been a journalist for over 17 years and has been covering the forex industry for the past 10 years. Before joining FNG, she was an editor at FinanceFeeds. Before that, she worked at LeapRate. Maria has a philosophy degree from St. Kliment Ochridski University in Sofia. She has specialized in cognitive studies in Vienna. Her interests are psychology, artificial intelligence and linguistics.

‹ StoneX Group Launches StoneX Digital LLC › Exclusive: FTX builds office in Cyprus with new hires from (mostly) FX/CFD brokers

We use cookies on our website to provide you with a relevant experience by remembering your preferences and repeat visits. By clicking “Accept” you agree to the use of ALL cookies. Accept cookies

Economic Calendar And Forex Mining: Insights For New York Traders

This website uses cookies to improve your experience while browsing the website. Of these, cookies that are classified as essential are stored in your browser as they are necessary for the basic functionality of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will only be stored in your browser with your consent. You also have the option to opt out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Live Economic Calendars

Necessary cookies are absolutely necessary for the website to function properly. This category only contains cookies that ensure the basic functionality and security features of the website. These cookies do not store any personal information.

All cookies that may not be specifically necessary for the website to function and are used specifically to collect user personal data through analysis, advertising, other embedded content are called non-essential cookies. It is mandatory to obtain user consent before running these cookies on your website. CFDs are complex instruments and there is a high risk of losing money quickly due to leverage. 54% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

10 Economic Indicators and Events Every Forex Trader Needs to Watch. There are a number of different economic reports and indicators released throughout the year and each can have a very significant impact on your forex trading.

Participating in forex trading offers an opportunity to participate in a global market with significant potential. Because of its popularity with day traders, forex has even gained a reputation for delivering quick profits. In truth, it is just as complex and competitive as any other global market. To not only be successful, but to be successful consistently, you need to understand the market and hone your business strategy.

The Best Fundamental Indicators For Forex Trading

There are a variety of ways to trade forex, so it’s important to choose an approach that suits your level of experience, your goals, and the context at hand. Below, we’ve outlined the basics, benefits, and drawbacks of nine popular forex trading strategies to help you find your ideal.

If you are a casual trader who is improving your forex awareness and looking for ways to increase your production with new skills and techniques, you have come to the right place. There are a number of different economic reports and indicators released throughout the year and each can have a very significant impact on your forex trading. In this guide you will find clear definitions of 10 leading economic indicators, as well as information on how they affect the forex market.

Released on the first Friday of every month, this indicator is one of the most important reports on the calendar for many forex traders. US non-farm payrolls are released according to the Bureau of Labor Statistics (BLS), so this report has a lot of authority behind it. One reason for this is the timing of the report, because the economic cycle and the level of employment are closely related. Historically, any changes in nonfarm payrolls have correlated very closely with quarterly GDP changes, meaning that nonfarm payrolls can effectively be used as a sort of proxy for GDP. The main difference between GDP payroll and non-farm payrolls is that the latter are released monthly, while the former are released only quarterly and usually with a delay.

Economic Calendar And Forex Mining: Insights For New York Traders

Another reason why this report is so popular among traders is the fact that it has a huge impact on monetary policy, making it more or less impossible to ignore. It is a dual mandate with two key objectives that the Central Bank has in mind: stable prices and maximum activity. As a result, employment data has a significant impact on market perceptions and the future of monetary policy in general.

What Is Earnings Season?

Another major influence on the forex market is any change in interest rates made by one or more of the eight major central banks around the world. These changes are a reaction, however indirect, to other economic indicators that appear throughout the month. The only thing these reports have that is so important is the ability to change the market suddenly and drastically, which could send shock waves towards any forex broker. It is important that traders understand and learn how to react to – and even predict – these incredibly volatile movements, as it can cause unexpected changes in exchange rates that lead to greater profits and at least reduce potential portfolio losses.

The reason the US federal funds rate is so important when it comes to forex traders is simple: Higher interest rates applied to higher yields equals higher profits. However, there are risks to this strategy, primarily in currency fluctuations, which can be very dramatic and outweigh any rewards you may receive from interest. Buying high-yielding currencies with low-yielding currencies doesn’t always make sense, nor is it that easy.

The Federal Open Markets Committee (FOMC) meets eight times a year to determine US monetary policy. If there is any deviation from what market analysts expect, the results of these meetings can have a significant impact on the forex market. One of the most important things when it comes to foreign exchange interest rates is the interest rate of the respective currencies as well as the expectations for those interest rates. If the FOMC makes any changes to the federal funds rate, it can have a significant impact on the value of the USD.

After each FOMC meeting, a statement is released that provides guidance on the expected path of monetary policy, which should help currency traders better steer the course. A relatively recent development, this statement is issued in part in order to reduce volatility in markets such as

Trading App Ui Images, Stock Photos & Vectors

Forex street economic calendar, forex economic calendar app, best economic calendar for traders, forex economic news calendar, forex calendar economic, forex live economic calendar, forex trading economic calendar, forex com economic calendar, forex economic calendar download, economic calendar forex factory, forex economic calendar widget, best economic calendar for forex

Also Read

Bagikan:

Tags

Leave a Comment