Forex Currency News
Forex market movers?
Does anyone know what news moves the currencies the most? I recently saw a table on a website, obviously topped by the non-farm payroll, it also had the average move after each release. I’ve looked throuh all my history but can’t find it.
Does anyone know where I can find that table?
Here is the information but I do not have the source link, sorry I could not find it.
Below is the compiled statistics I got based on last 5 years statistics:
1. Non Farm Payrolls –Unemployment Average Move: 125 Pips
2. FOMC Interest Rate Decisions Average Move: 73 Pips
3. Trade Balance Average Move: 62 Pips
apply these to interest rate decisions and job reports on the USD, GBP, EUR, and JPY and you can find the news movers real quick.
Good Trading
Mark Mc Donnell
http://www.forexearlywarning.com/
Using Fibonacci to Measure Spikes (Forex News Trading)
