News Trading

Hi All,

 

I like to trade on the news and have been using DailyFX News since. Since, I have had issues lately with one News Indicator based on DailyFX feeds, I have changed to Forex Factory. I have noticed that the news isn't complete as of DailyFX and Impact classifaction might differ from low to high which is quite... Well, in doubt I will go with the high impact mark ;)

 

e.g. 19:30 USD Initial Jobless Claims (AUG 14) on DailyFX Low / ForexFactory High

 

What are other good/comparable news sites?

 

Cheers

http://www.forexfactory.com

 

or you can find in

Code:

 

http://www.dailyfx.com

 

for news and click Calendar menu for see news realease.

You can find in

Code:

 

http://www.fxstreet.com

 

too for other choice or

Code:

 

http://www.bloomberg.com

 

For major reports in real time such as the non farm payroll with Cost, in here:

Code:

 

http://www.forexdiamonds.com

 

For major reports for comment, analysis, market issue and all, in here:

Code:

 

http://www.fxstreet.com

expat1967, which indicator is it you were using for daily fx? I have been looking for a good news indicator lately.

expat1967, which indicator is it you were using for daily fx? I have been looking for a good news indicator lately.

 

You can follow the discussion here: http://indo-investasi.com/showthread.php/8061-News-Reader-Indicator

 

Cheers

does anyone knows why the eu and gbp is going down!? The news were good!!

EU Refuses Bail-out Additional Funds

 

European Union again announced a new bail-out plans for countries affected by crisis. Previously, some countries ask for a nominal additional assistance disbursed to them, but the EU rejected the request. Instead, it asks the European Union countries who were hit by the crisis, such as Greece and Portugal, to immediately improve the system in the country. EU officials also acknowledge that today they are still trying to convince the investors about the stability of the Euro. Although it has attempted to tackle the crisis since 13 months ago, investors appear to still not believe in right to the strength of the Euro.

There are a lot of avenues by which you can maximize your experience. One of them is to go through the web site of stock exchange which is a direct way of knowing the latests.

Through the Ministry of Foreign Affairs, Moussa Koussa, Libya declared a cease-fire and halt military attacks to the citizens civilian demonstrators. Koussa Libya also expressed promise to protect its citizens and foreign citizens and their assets.

The increase in oil and gold prices also hampered after the official announcement that Libya.

Libya had previously re-heated conditions. Last Friday when the UN approved military action (air strikes) to force Muammar Gaddafi. Parties Gaddafi also not silent, with closed air traffic in getting Libya to accept UN attack from the air, represented by a coalition of France, Britain and the U.S.. United Nations prohibits intervention in the form of a ground offensive.

UN step was taken after a news report that Gaddafi's troops carried out attacks using fighter jets and helicopters to disperse protesters mass which was later re-bloom. When overheating in these conditions in world oil prices rose about $ 2 to as low $ 103.66 (/ CLc1). Gold as a safe-haven asset - to hedge the uncertainty condition - rebounded to $ 1423/troy ounce.

Yen has crept higher since the European authorities launched a phase of international intervention to weaken and stabilize the yen, but the BoJ is ready to sell the yen again if the dollar fell as low as Y81.25, a trader in Tokyo said on Friday.

The central bank has placed orders to buy the dollar against the yen at that level but the size of this order is not known, the trader added.

U.S. Labor Sector Recovers, But Manufacturing Slows

 

Initial U.S. jobless claims decreased last week, with an average 4-week fell to its lowest level in more than 2 ½ years, which indicates stability in the labor market recovery.

 

Labor Department reported Thursday that initial claims for unemployment benefits was reduced by 5000 to 382,000 from the previous data is revised upward to 387,000. While the average results of a survey of economists showed a decline to 383,000.

 

At the same time, the Commerce Department also reported U.S. Durable Goods Orders unexpectedly fell in February after showing strengthening in January, which suggests the occurrence of slowing manufacturing activity.

 

Durable Goods Orders fell 0.9% in February compared to the previous month's revised figure rose 3.6%. While some economists predicted increase of 1.1%

I figure the US will be in the same boat come aug.