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yehudi

Economic Data Release- Core Durable Goods

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I have always seen this economic data on Forexfactory and others News site. Pls I need someone to put me through. Economic data release like Cor Durable goods, is it powerful enough to move the currency up or down?

I will appreciate a response. Thanks

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in fact it totally depends on market sentiment...there are times you see prices move sharply after release of a data which the market never cares about or sometimes you see they move the opposite way...

eur-nfp-sentiment.jpg.57bb7a7014df6b5376d5a1d8f4a6f4b3.jpg

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These are some of the US data releases I try to stay aware of, meaning, I won't place a trade 15 min before or after. I never try to guess what impact positive or negative news will have on the market.

NFP

ADP Non-Farm Employment Change

Unemployment Claims ( weekly report )

Core CPI m/m

Retail Sales m/m

Building Permits

Existing Home Sales

New Home Sales

 

I also follow some GBP releases. I am a spot Forex Trader. stock, futures, commodities traders might find some other releases interesting as well.

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