The
Here are some tips on how to use the forex economic calendar effectively:
✅Identify high-impact events. The most important events to focus on are those that are likely to cause significant volatility in the market (interest rate decisions, central bank announcements, and major economic data releases).
✅Understand the economic data. Before an economic event is released, it is important to understand the data that will be released and how it is likely to be interpreted by the market.
✅Position yourself accordingly. Once you understand the potential impact of an economic event, you can position yourself accordingly.
✅Monitor the market reaction. After an economic event is released, it is important to monitor the market reaction to see how the currency is priced.
P.S. IFC Markets provides a comprehensive economic calendar that traders can use to stay informed about upcoming economic events that could impact the market.
forex economic calendar is an essential tool for forex traders.Here are some tips on how to use the forex economic calendar effectively:
✅Identify high-impact events. The most important events to focus on are those that are likely to cause significant volatility in the market (interest rate decisions, central bank announcements, and major economic data releases).
✅Understand the economic data. Before an economic event is released, it is important to understand the data that will be released and how it is likely to be interpreted by the market.
✅Position yourself accordingly. Once you understand the potential impact of an economic event, you can position yourself accordingly.
✅Monitor the market reaction. After an economic event is released, it is important to monitor the market reaction to see how the currency is priced.
P.S. IFC Markets provides a comprehensive economic calendar that traders can use to stay informed about upcoming economic events that could impact the market.
Apple's latest financial results showed that the company's services business is thriving, with revenue reaching an all-time high of $22.3 billion, up 16% year-over-year. This segment, which includes the App Store, Apple Music, and iCloud, has become a key driver of profitability, accounting for 39.2% of Apple's total gross profit in Q4.For more ....
Things are getting interesting at the Bank of Japan (BOJ). Seiji Adachi, one of the big shots on the board, recently dropped some hints that they're not in a rush to change their super loose money policy. Despite Governor Kazuo Ueda suggesting tweaks if inflation keeps its momentum, Adachi's saying, "Hold your horses, let's wait till at least April." Let's dive into what Adachi's saying, what it means for the BOJ's money game, and how it might jiggle the USDJPY dance based on the numbers.
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In some major news dropped on Thursday, AbbVie, the big pharmaceutical player, has announced plans to snatch up ImmunoGen, a drugmaker, for a whopping $10.1 billion. This move is a game-changer for AbbVie, as it brings a promising ovarian cancer drug, Elahere, into their lineup of treatments for cancer.
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The recent surge in
However, there are signs that the market might be getting a little ahead of itself. The current rate pricing suggests that the Fed is likely to cut rates five times in 2024, which is an aggressive stance. While further data deterioration could easily justify such cuts, it's important to remember that the Fed could also reverse course if the data improves.
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gold prices has been nothing short of spectacular, driven by a confluence of positive factors. Real yields, which have a strong negative correlation with gold, have been on a downward trajectory thanks to softening US economic data. This has led to a decline in inflation expectations and Treasury yields.However, there are signs that the market might be getting a little ahead of itself. The current rate pricing suggests that the Fed is likely to cut rates five times in 2024, which is an aggressive stance. While further data deterioration could easily justify such cuts, it's important to remember that the Fed could also reverse course if the data improves.
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The primary driver of this bearish outlook is the growing global spare oil capacity. As defined by the Energy Information Administration, spare capacity represents the amount of oil production that can be quickly brought online and sustained for at least three months. Currently, this figure stands at an estimated 4 million barrels per day, exceeding analysts' expectations and raising concerns about a potential supply glut.
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🗣Dear Clients,
in connection with Christmas and New Year holidays the trading schedule is changed from December 22, 2023 to January 2, 2024 for some instruments.
For more information, follow the link below 👇
🟩 Trading Schedule 🟩
in connection with Christmas and New Year holidays the trading schedule is changed from December 22, 2023 to January 2, 2024 for some instruments.
For more information, follow the link below 👇
🟩 Trading Schedule 🟩
🗣Dear clients,
we are happy to inform you that
we are happy to inform you that
IFC Markets has launched a new safe and fast payment option for our traders from African countries: Mobile Money - for Uganda, Kenya, Ghana, Cameroon; Local Bank Transfer - for Nigeria and South Africa. Zero commissions for deposit, minimum deposit is 5 USD. We are constantly working on expanding the list of countries.❤3
🗣Dear clients,
in connection with corporate events (stock splits) in
in connection with corporate events (stock splits) in
Yamaha Motor Co. Ltd., Mitsubishi Corp. and Sumitomo Mitsui Trust Holdings Inc. CFD trading on #T-7272, #T-8058 and #T-8309 stocks will be suspended from 25.12.2023. All open positions on #T-7272, #T-8058 and #T-8309 stocks will be closed at the market closing price on 22.12.2023. Trade will be allowed in the future.