Thread: How do I know what Currency Pairs are affected by US news?

The pair that will be affected most directly by US news is USD/JPY. In case the news is far better than expectations, then it will go up. If worse, then it will go down.

Other pairs like EUR/USD and GBP/USD are a bit more tricky, since they may go up or down depending upon fundamentals and risk appetite.

By way of instance, if the ADP nonfarm payroll data is far better than the prediction, EUR/USD might go down on fundamentals, but then it may also go up because investors may seek risky assets and proceed away from safe haven currencies like the US dollar. That is why on many occasions the EUR/USD reacts a certain way originally but then reverses its direction somewhat afterwards.

If you are an experience trader, it is possible to trade risky currencies by trying to predict this price reversal. But I always trade USD/JPY in reaction to US news because its reaction is more predictable and straightforward than every other pairs.

Originally Posted by ;

Hi there, I've only recently obtained in trading (Forex). I've got one question I want to ask. I've discovered (the hard way) the way news seriously impacts traders.

Last Wednesday there was news coming from the USD market on ADP Non-Farm Employment Change, which result in a few markets rising such as JPY CAD. What I wish to know understand is if news comes from the USD market how can I know which market will it impact (EUR, GBP, JPY, CHF, NZD, CAD, AUD etc)?

Thank you in advance.

Basically it impacts EUR and other currencies after it

I've been wondering this myself, having looked in the EUR/USD market for a while I've tried to track which direction news sends it, but it's quite difficult to judge no matter whether it's bad or good news.

Originally Posted by ;

The pair which will be influenced most directly by US news is USD/JPY. In case the news is better than expectations, it is going to go up. If worse, it is going to go down.

Other pairs such as EUR/USD and GBP/USD are a bit more tricky, since they might go down or up depending on fundamentals and risk appetite.

For example, if the ADP nonfarm payroll information is better than the forecast, EUR/USD might go down on fundamentals, but then it might also go up because investors may seek out risky assets and move away from safe haven currencies like the US dollar. That is why...

Ah thanks, much appreciated.

More frequently, fed announcements will impact USD and as regards additional currencies, look to economic feeds, news.

I think it'd be quite handy if the News section on forexforum.co.za had an indior of the Currency affected in addition to the severity. . It'd make things easier for individuals unsure.

Originally Posted by ;

I think it'd be quite handy if the News segment on forexforum.co.za had an indior of the Currency changed as well as the seriousness. . It'd make things simpler for people unsure.

I do not think that it can get much better than that:



Should you do your work you can start charts, browse reports, examine charts when preceding figures were published, to get an idea what values alter the currency values.

What's actually missing here? Like, an arrow, telling one to short or long?

Originally Posted by ;

I do not think that it can get much better than that:



If you do your job you can open charts, read reports, look at charts when preceding amounts were published, to obtain an idea what values change the currency values.

What is actually missing here? Just like telling you to short or long?

I said News, Not Calender Lots of items appear in the News section that aren't on the calender, and it would be nice to know which currency they're impacting the most.

Ok, can see what you're asking for and also do believe that a few paid services do provide analysis on most of worldwide cues, but the prob is that it is all relative and in the end, depends on what exactly the service provider thinks you ought to take note of. .

The combine which is influenced most straightforwardly by US news is USD/JPY. On the off chance that the news is superior to desires, it is going to go up. Assuming regrettable, it is going to go down. Various matches, as an instance, EUR/USD and GBP/USD are somewhat more suspicious, since they might go up or down contingent upon hazard and essentials hunger. As an example, if the ADP nonfarm fund information is superior to the conjecture, EUR/USD can decrease on basics, however it may likewise go up on the grounds that financial specialists may look for unsafe resources and move far from place of refuge financial standards such as the US dollar. That's the reason on many events the EUR/USD reacts a particular way at first yet then turns around its bearing somewhat later on. In case you're an ordeal broker, you are able to swap hazardous monetary forms by attempting to expect this worth inversion. However, I generally swap USD/JPY in light of US news because its reply is far more unsurprising and clear than some other sets.