A fundamental analysis trade can benefit from trading based on information you find on a reputable news site. Which forex news sites can you trust?
Although there are many options, some are faster and more accurate than others.
Furthermore, some may release more news than others. News sites on forex may publish as few as one or two stories per day, while some release many more.
The best Forex news sites to follow every day:
Without a doubt, FXStreet is one of the most important websites for forex traders. With over a dozen articles published daily, often within minutes of one another, FXStreet keeps the page updated whenever there is something new, so you won’t need to refresh it frequently.
In addition to major and minor currency pairs, FXStreet focuses on a wide range of topics that can affect an economy.
They also have content written by banks and brokers, widening the scope of content available on FXStreet. Readers can filter articles and analyses by currency pair on FXStreet, as on many other forex news websites on this list. A reader can even pick key ongoing events, such as Brexit and the Sino-US trade war, from FXStreet. FXStreet also has an invaluable section on cryptocurrency.
2. Forex Factory
As one of the best sites to get top-rated forex trading news, Forex Factory holds the second-best spot in our list. While most of the news sites on this list publish their own articles, Forex Factory aggregates news from multiple sources. Since you can pick from many news sources, you don’t have to rely solely on one to keep up with what’s going on with the forex market.
The news stories are also rated according to how much impact they are expected to have. There are three levels: high (red), medium (orange) and low (yellow). There are a number of forex-related posts on the Forex Factory’s forum, and it’s an excellent source of information. On the Forex Factory website, you can also see how well people are doing against the market by looking at the trades they are making.
The DailyFX forex news site is one of the best and most popular forex news sources. A team of excellent market analysts reports regularly on forex trading news for this website. DailyFX writes short, sweet articles backed up with technical analysis, just like many of the other forex news sites on this list. With a whole page dedicated to technical analysis, DailyFX is also great for trading strategies.
A useful feature of DailyFX is that it shows you how bullish or bearish traders are at the moment. To put it another way, this is where you can find out what percentage of traders are buying or selling different currency pairs. There are also articles on cryptocurrencies, commodities, and indices available for traders to read.
There are a wide range of markets covered by investing.com, including stocks, commodities, and cryptocurrencies. They also divide their articles into sections like economics and politics.
A key feature of Investing.com is its live charts which highlight specific events that likely impacted movements as well as key candlestick patterns that you should be aware of. A variety of technical tools and summaries are available at Investing.com that can help traders make informed decisions.
Most of their focus is on moving averages and pivot points, but they do have a page that summarizes major pairs based on different indicators. There is also a section dedicated to personal finance titled ‘money’.
There are hundreds of articles published every day on Forexlive, one of the largest forex news websites today. Their news stories are often short, sometimes around 100 words, but they cover a wide range of topics. As a result, you can do your own analysis based on what you see in the news. It’s just a matter of showing you which direction to look.
The site also has a technical analysis section that’s useful for technical traders. As with the previous posts, the technical posts are quite short, but they contain a lot of information and charts, and they post several times daily. There is also a cryptocurrency section on Forexlive that can be of use to cryptocurrency traders.
Among all forex educators, BabyPips is certainly the best known. Their material is known to be entertaining, educational, and sometimes even humorous. Aside from being a popular place to look up forex-related terms, they also publish articles on the subject.
There is a strong focus on the US dollar in much of their production. On Mondays, they publish weekly forecasts, while on Fridays, they publish a weekly review of various currencies. For technical insights, readers are advised to check other sites other than this one since most of the articles focus on fundamental analysis.
BabyPips forum is another resource traders should not overlook.
It can also be useful if you just want forex news and don’t care about other types of trading, such as cryptocurrency and stocks.
7. Fx Empire
One of the most popular forex news sites today is Fx Empire. There is usually an article published every day in their news section. The section on forecasts, however, is the most useful for traders. It is common for the forecast section to publish several articles in a few hours. Topics can also be filtered so you only see what you’re interested in.
Along with insightful articles on forex trading, Fx Empire publishes articles on commodities, indices, equities, and stock exchanges.
Traders interested in both forex and cryptocurrency would benefit from ForexNews, which provides an overview of the market’s performance. Their broker reviews are also very helpful for beginners and those who are looking for new brokers.
In recent years, ForexNews has become more cryptocurrency-focused, especially in their education section. For stock traders, ForexNews’ finance section is also useful because it covers business news. They don’t publish forex news articles as frequently as other sites, but they’re still worth reading. There is a possibility that they will focus largely on cryptocurrency over the next few years and completely leave forex behind.
9. Action Forex
If you are looking for the latest news on major and minor forex pairs, Action Forex is a great forex news site to follow. The weekly outlook report should be part of traders’ Monday reading schedule. It is a great place for those seeking both a technical and fundamental look at how the markets are moving, since the weekly outlook largely focuses on technical analysis.
Many of Action Forex’s articles are not written by the company itself. They publish many articles written by banks and brokers. Besides offering informative articles on trading psychology and strategies, Action Forex’s in-depth reports provide readers with insight into the fundamentals of forex trading.
The EARNFOREX website releases up to seven articles a day, usually about specific currencies. The site allows you to filter news by currency and browse old stories in its archives.
They provide plenty of information, including links, quotes, and statistics in short, to-the-point articles. Their publications cover a wider range of topics than just major and minor pairs. Generally, they will publish articles throughout the day, usually focusing on potential market changes in the morning and reflecting on the day’s events in the evening.
The fact that EARNFOREX links their news articles about certain currencies to previous news is a very useful feature. It allows you to gauge how well a currency is doing and prepare for potential changes the next day. In addition, they offer forex tools, ebooks, and a forex forum that are useful.
Learning everything you can about the current Forex market with the help of many of these forex news sites is a key factor in success when trading. Another important factor is the right copy trading system such as Telegram.forex, which can make sure that you never miss out on the right moment to buy or sell. Maximize your profits with all the right tools.