Why Forex Spreads Widen Around Major News (and What It Costs)
See why forex spreads widen around news, how much wider quotes can cost, why stops trigger, and how to check an unexpected fill.
Forex Education, Trading Knowledge and Broker Research
Following the Federal Open Market Committee's (FOMC) decision to keep the policy rate unchanged and
EUR/USD holds within familiar ranges following the Fed taper announcement. Fed statement inline with expectations,
NZD/USD bulls reach up into neutral territory. Bears will be looking to a correction of
Data released on Wednesday, showed the ISM services index reached a record high level in
ADP Employment Change came in better than expected in October. US Dollar Index continues to
Upbeat Chinese PMI, renewed USD weakness assisted AUD/USD to gain traction on Wednesday. The USD
USD/JPY reversed an intraday dip amid the emergence of fresh buying around the USD. Upbeat
ISM Services PMI rose to a new all-time high in October. US Dollar Index holds
Australia Trade Balance for September arrived A$12.243b vs the estimated A$12.175b and vs the prior
EUR/USD bulls attempting to take on the bear's commitments. Daily charts remain bearish ahead of