International Forex Inforamtion

FXNewsEffects depicts the timing of economic-related announcements relative to changes in exchange rates. Announcement times, shown as green dots, are superimposed on the rates curve. Clicking on a green dot causes details of the announcement to be displayed in the table below the graph. The rates shown in the graph were OANDA FXTrade dealable rates at the time.
Economic announcements occur when government agencies and central banks release macro-economic information. Such announcements have always been a major factor behind forex market movements. The impact of announcements on market prices differs depending on the type of announcement and the degree to which the specifics of the announcement were anticipated. Some announcements have a strong and immediate impact with sharp increases or decreases in rates. Other announcements affect the market gradually over a longer period of time. Still other announcements can affect the market before the announcement either because of leaks or because their content is anticipated based on other publicly available data.
FXNewsEffects helps traders learn from past impacts of economic announcements and therefore can help increase their forecasting skills and trading time precision.