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Forex && News Releases?
When are the news releases for the EUR and USD
is there a set period of time like 8am EST they come out? or does it vary?
this would really help, THANK YOU!
PS: Don’t forget to include time zone, EST is mine
THANKS AGAIN!
24/7
That’s the joy of forex trading. There is no central market for currencies. Any news, any time, anywhere in the world that involves international trade, international investments, relative interest rates, or political stability will have an effect on forex rates. The most liquid markets for any currency occur during normal banking hours in major banking centers that use the currency as local money. That means for the EUR 0800 to 1600 Frankfurt time and for the USD 0800 to 1600 New York time. I personally like 0800-1000 New York time because there is still activity in Europe.
The most important news about forex is never “released”. If the Bank of China is adjusting its foreign currency reserves and moving many billions for EUR to USD or AUD or the other way around, the last thing they want is for anybody to know that they’re doing it. That’s why technical analysis is king in forex: they can’t hide the activity on the charts.
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LikeDislikeHi Ryan,
You can always go to http://www.forexfactory.com to look for the high impact RED coded news. From the website itself, you can always set it to your time zone and thus it doesn’t really matter where you are.
Hope it helps.
Ah Kiat
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LikeDislikeHi Ryan,
There are 24/7 time for currencies to be traded, 5 days a week and from what I am experiencing, news release for EUR and USD, of course at London open time and New York open time.
You can also see some volatility movement for both currency during these trading session.
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