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.
US Housing Starts: Despite the drop, home building remains exceptionally strong – Wells Fargo
The Housing Starts report showed a decline of 7% in July to 1.534 million (annual-unit). According
EUR/USD: Risks are tilted towards more dollar upside – Danske Bank
Analysts at Danske Bank forecast the EUR/USD pair will trade at 1.17 in one month,
USD/CAD: A semi-hawkish BoC should limit loonie’s losses – Danske Bank
The USD/CAD is biased to the uspide, amid USD strength and headwinds from a turn
Eurozone final CPI revised lower to -0.1% MoM in July
Eurozone inflation arrives at 2.2% YoY in July. Monthly CPI in the bloc drops by
Canada: Annual CPI rises to 3.7% in July vs. 3.4% expected
CPI inflation in Canada rose at a stronger pace than expected in July. USD/CAD lost
US: Housing Starts decline by 7% in July, Building Permits rise by 2.6%
Housing Starts in US contracted sharply in July. US Dollar Index continues to move sideways
NZ PM Ardern: 11 new cases but believe they’ve found initial case
New Zealand Prime Minister Jacinda Ardern breathes a sigh of relief, as she says that
Aussie Unemployment Rate drops to 4.6% vs 5.0% expected, AUD better-bid
Australian labour market data for July is released as follows: Australia Employment change Jul 2.2k
AUD/USD rebounds above 0.7200 on surprise positive Aussie employment data
AUD/USD bounces off yearly low on strong jobs report for July. Australia Employment Change rose
USD/JPY Price Analysis: Challenges 50-DMA on its three-day uptrend
USD/JPY takes out post-FOMC minutes highs to challenge 50-DMA at 110.19. Fed minutes signalled tapering
