USD/JPY Hits 34-Year High of 156.00 Amid Fiscal Policies
Quick Look: Bank Of Japan decision led USD/JPY to hit a 34-year high; the FY 2024 growth forecast was revised to 0.8%. April’s 1.8% increase
Quick Look: Bank Of Japan decision led USD/JPY to hit a 34-year high; the FY 2024 growth forecast was revised to 0.8%. April’s 1.8% increase
WiBestBroker’s real-time Economic Calendar is a complete, accurate, and timely economic calendar of the Forex market. All the data received updates 24h a day, five days a week.
For fundamental and news traders, this is a must.
Suppose you want to trade Forex through fundamental analysis. In that case, you first have to check how world economies are doing, based on their macroeconomics data (GDP, employment reports, consumption data, inflation, etc.), and closely watch the countries of the currency pairs you want to trade.
Even if you do not care about macroeconomics when trading, it is still a handy tool.
You should avoid bad surprises and check when high volatility events are expected to be released to better manage your trades.
Significant news events can cause big swings with a single movement impacting trades by several percent in one direction or the other.
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