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.
ECB’s Lagarde: Current inflation spike largely temporary
In an interview with Der Spiegel, Christine Lagarde, President of the Europen Central Bank (ECB), reiterated
ECB’s Lagarde: Rising energy prices, supply disruptions could hold back growth
Christine Lagarde, President of the Europen Central Bank (ECB), said on Friday that they need
ECB’s Wunsch: Inflation is going to be higher than in our last forecast
European Central Bank policymaker Pierre Wunsch said on Friday that he is expecting inflation in the
South Korea: BoK seen on hold next week – UOB
The Bank of Korea (BoK) is expected to pause its hiking cycle at the October
Canadian employment is back to pre-COVID levels, CAD to see further perform – TDS
Canadian employment is back to pre-covid levels in September. The loonie caught a bid following
USD/JPY to grind higher towards 113 by end-2022 – Westpac
Japan’s yen is expected to continue losing ground against the US dollar over the forecast
USD weakness after soft NFP to prove temporary as tapering remains intact – TDS
The US economy has gained only 194,000 jobs in September, far below 488,000 expected. Does
Canada: Unemployment Rate declines to 6.9% in September as expected
Unemployment Rate in Canada declined to 6.9% in September. USD/CAD trades in the negative territory
EUR/GBP trims losses although it remains below 0.8500
The euro remains weak, limited below 0.8500. Expectations of a BoE rate hike have boosted the
NZD/USD steady above 0.6900 as US NFP headline reaction wanes
NZD/USD spiked to a daily high of 0.6959 once the US Nonfarm Payrolls headline hit
