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Handling forex news events

Forex Foundations

Rate expectations move currencies

NFP, CPI, and FOMC don't just move stocks, they're some of the biggest forex market movers too, since they directly shape expectations for a currency's interest rates and relative strength.

Sidestep the dollar on heavy news days

On a day with multiple high-impact USD releases, one common approach is to avoid USD pairs entirely that day and instead focus on pairs without the dollar involved, sidestepping the least predictable price action.

Let the volatility settle first

The standard rule after a red-folder release still applies in forex: wait for the initial volatility to settle, often fifteen to thirty minutes, before considering a new entry around that news candle.

Check yourself

Major US releases like NFP, CPI, and FOMC affect…

  1. Both the stock market and the forex market correct
  2. Only individual stocks, never currency pairs
  3. Only commodities like gold

These releases shape interest rate expectations, which move currencies just as much as equities.

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