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.
USD/TRY refreshes record top near $9.8500 on Turkish President Erdogan’s latest moves
USD/TRY takes the bids to renew all-time high during the four-day uptrend. Turkish President Erdogan
EUR/USD pressured in critical daily resistance ahead of ECB
The move higher in yields in recent weeks presents a challenge to the ECB. EUR/USD
EUR/NOK to oscillate around 9.70 as krone set to take a breather – ING
The Norwegian krone has benefitted from a supportive global risk sentiment throughout the week. In
EUR/USD: Not see much upside given the ECB’s message is unlikely to be supportive – MUFG
Next week, will be the European Central Bank (ECB) meeting. According to analysts at MUFG
Canada: Retail sales roared back in August then took another breather in September – CIBC
Data released on Friday showed an increase in August retail sales in Canada of 2.1%,
Russia: Looking at a 50bps hike in December with the key rate at 8% by year-end – TDS
The Central Bank of Russia (CBR) rose the key interest rate by 75bps on Friday,
Canada: Retail Sales rise by 2.1% in August vs. 2% expected
Retail Sales in Canada rose more than expected in August. USD/CAD stays in the negative
US: Markit Services PMI improves to 58.2 in October vs. 55.1 expected
Markit Services PMI and Composite PMI surpassed expectations in October. US Dollar Index continues to
GBP/USD: Options market stays bullish for fourth consecutive week
One-month risk reversal on the British pound (GBP), a gauge of calls to puts, prints
GBP/JPY Price Analysis: Buyers defend 156.00 critical support
GBP/JPY accumulates gains on Monday in the early Asian trading hours. The cross-currency pair took a
