How do you know high impact news in forex

In Forex, high-impact news refers to significant economic events that can cause sudden and substantial changes in currency prices. Here are some ways to stay informed about high-impact news in Forex:

  1. Economic Calendars: Websites like Bloomberg, Reuters, and FXStreet provide economic calendars that list upcoming events, including their dates, times, and expected impacts on the markets.
  2. News Aggregators: Services like Google News, Yahoo Finance, and MarketWatch aggregate news from various sources, making it easy to stay up-to-date on market-moving events.
  3. Forex News Websites: Specialized Forex news websites like FXStreet, DailyFX, and Investing.com provide in-depth coverage of market-moving news and events.
  4. Social Media: Follow reputable Forex news sources, analysts, and traders on social media platforms like Twitter, Facebook, and LinkedIn to stay informed about breaking news.
  5. News Feeds: Set up news feeds from reputable sources to receive push notifications or email updates on market-moving events.
  6. Central Banks' Websites: Visit the websites of major central banks, such as the Federal Reserve, European Central Bank, and Bank of England, to stay informed about their monetary policies and decisions.
  7. Government Websites: Monitor government websites, such as the US Department of Commerce or the European Commission, for news on trade agreements, tariffs, and other economic policies.
  8. Forex Apps: Download Forex apps like MetaTrader, FXCM, or Oanda, which often provide real-time news and market analysis.
  9. Newsletters: Subscribe to newsletters from reputable Forex sources, such as DailyFX or FXStreet, to receive daily or weekly summaries of market-moving news and events.
  10. Alerts: Set up custom alerts on your trading platform or news aggregator to notify you of specific news events, such as GDP releases or interest rate decisions.

Some examples of high-impact news in Forex include:

Remember to always verify the credibility of news sources and to stay informed about market-moving events to make informed trading decisions.