US Dollar Forecast: DXY Steadies as FOMC Minutes and Data Deluge Move Into Focus

Use our economic calendar to inform yourself of important news events and economic data reports that may shake up the financial markets and impact your trading. The forex economic calendar is an essential tool for traders in this market. By providing critical economic information, the calendar enables traders to anticipate upcoming events and make informed decisions. Reviewing the calendar helps traders know the exact timing of significant news and events, which include interest rates, inflation, economic growth, and other key economic indicators. With access to this information, traders can anticipate possible market fluctuations and adjust their trading strategies accordingly. Today’s forex economic calendar outlines each economic event along with its importance and potential impact on the currency market.

Traders Position Ahead of Delayed U.S. Data

  • The price action suggests positioning rather than strong directional conviction ahead of Thursday’s nonfarm payrolls report.
  • Keep track of all the most important events, news releases, and market indicators with Axi’s Forex Economic Calendar.
  • The Swiss franc eased off recent highs as equity markets steadied, trimming some haven demand.
  • Access the current and future economic events calendar staying ahead of the markets with our real-time updates.
  • Read about important financial events to help you pick the best opportunities

Keep track of all the most important events, news releases, and market indicators with Axi’s Forex Economic Calendar. Babypips helps new traders learn about the forex and crypto markets without falling asleep. Sometimes, central bankers are scheduled to make public appearances but they do not talk about monetary policy, failing to make any impact on markets. When this happens, the result of the speech in our Economic Calendar will be N/A. To know the events and releases better and learn different aspects that can influence or improve your trading, we collected some of the best educational articles, reports and videos about news trading.

The calendar highlights key economic events that can significantly affect the market and helps traders make better trading decisions at the right time. By analyzing past events and their impact on the market, traders can predict future trends and adjust their trading strategies accordingly. Combining forex news with technical analysis can significantly enhance trading performance. The Forex Economic Calendar is a timeline that highlights major global economic events, which can influence currency rates in the forex market.

U.S. Treasury yields eased, with the 10-year near 4.10% and the 2-year at 3.566%. Lower yields can weigh on the dollar, but today’s move looks more like pre-data positioning than a turn in conviction. Equities are softer globally, especially tech, but FX has barely reacted — a sign traders aren’t rushing into defense just yet.

FOREX GLOBAL ECONOMIC CALENDAR

With time, you’ll be able to fine-tune your trading technique to benefit from the forex economic calendar and be up to date with the latest live events occurring around the globe. ATFX’s very own forex news calendar gives a complete breakdown of all the main economic and financial events and figures set to be released. Below are the main upcoming economic events and data releases, viewable with our ATFX live Forex news calendar. The items are automatically updated to provide you with the latest information that could effect products that you trade.

Near-Term DXY Bias Favors Further Strength

The 10-year Treasury yield slipped slightly to 4.133% while the 2-year held near 3.612%. The mild pullback reflects pre-data caution more than a shift in sentiment. As long as front-end yields stay firm and risk appetite remains muted, the broader setup leans in the dollar’s favor — even if only slightly. The British pound remains on watch following Friday’s wild ride, with U.K.

  • Our economic calendar is your companion, a tab that is always opened on your computer.
  • Traders are positioning cautiously ahead of Thursday’s data and FOMC minutes, which could quickly change the tone.
  • Many brokers and market makers offer FXStreet’s calendar to their clients as a tool to trade.
  • Know ahead of time of upcoming economic data releases or events that may cause sudden volatility and negatively affect your trading, such as any open positions.
  • Sometimes, central bankers are scheduled to make public appearances but they do not talk about monetary policy, failing to make any impact on markets.

How to filter data?

He is the author of two books on technical analysis and has a background in both futures and stock markets. For example, if U.S. inflation data indicates an increase, traders may expect the U.S. dollar to strengthen and execute trades accordingly. I.e. its actual value is higher than the forecast median, one can consider buying the currency with the quotes that are most sensitive to the macroeconomic news content. Immediately after the news release and its evaluation, the trader reconciles the released data with the forecast and decides to invest money according to the conclusions made. Please note that you need to carefully consider your investment objectives in every instance.

These news items can quickly shift market trends and create new trading opportunities. But which economic news items have the most significant impact on the forex market? The calendar also helps traders stay aware of potential risks, allowing them to exit the market at the right time. For instance, ahead of a significant political event like an election, traders can use the calendar to understand the potential impact on the market and take appropriate action. Learn exactly how to read the economic calendar when trading various markets like forex, indices, commodities, and more.

Of special interest are the Federal Reserve (Fed) interest-rate decisions. The U.S. Dollar Index is trading in a tight pocket early Tuesday, stuck between upcoming catalysts and light participation as traders wait for Wednesday’s Fed minutes and Thursday’s September NFP release. James Hyerczyk is a U.S. based seasoned technical analyst and educator with over 40 years of experience in market analysis and trading, specializing in chart patterns and price movement.

How to get more info about the data?

Financial markets are highly sensitive to expected changes in interest rates by the Federal Reserve (Fed). When decision-makers at the Fed signal the path of interest is daily fx economic calendar lower, their speech is dovish. Many brokers and market makers offer FXStreet’s calendar to their clients as a tool to trade.

The Real-time Economic Calendar only provides general information and it is not meant to be a trading guide. The Real-time Economic Calendar may also be subject to change without any previous notice. The broader dollar tone reflects a market hesitating rather than retreating. Investors are watching U.S. releases that were delayed by the 43-day shutdown, and that backlog alone is enough to keep traders from taking size.

Event importance

You should read and understand these documents before applying for any AxiTrader products or services and obtain independent professional advice as necessary. Clicking on the name of the event will also show you a description of the event and a chart with historical data. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Fxtriangle operates as the trading name of Hilliant Research And Technology Private Limited.

Recent soft reads from the private sector haven’t been enough to lock in a cut, and gaps in data have clouded the economic picture. Traders will be looking closely at the FOMC minutes for any signal of internal divisions on the path forward. The price action suggests positioning rather than strong directional conviction ahead of Thursday’s nonfarm payrolls report.

The Quantum FX Economic Calendar puts the path of key data releases at your fingertips—from interest rate decisions to employment and inflation reports. Once you click on the event that interests you, you’ll have access to more information as well as a price chart showing historical data to help you decide if and how to act. Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

By closely tracking the timing of these events, you can prepare before the market reacts and base your trading decisions on analysis, not surprises. Historical data will allow you to assess the evolution of events and compare them with the market situation at the moment, and maybe even take a different perspective on the initial investment. In case the trader is experienced enough, they analyze previous macroeconomic data, as well as the reaction of the main market players and how it impacts the dynamics of asset quotes. It is also essential to get acquainted with the opinion of market experts and more experienced traders, get general market commentary and advice from independent experts like FXOpen.