How economic news moves price
The events that cause sudden moves, and why the News Shield pauses new entries around them.
Scheduled events
Central banks and governments publish data on a calendar. The ones that move currencies most are interest-rate decisions, inflation (CPI), employment reports such as US non-farm payrolls, and GDP. Markets trade on the surprise: the gap between the figure released and what was forecast.
What happens to price and spreads
Around a high-impact release, liquidity thins, spreads widen, and price can jump several rungs' worth in seconds. Orders may fill at worse prices than planned, which is called slippage. A ladder is especially exposed, because a jump through several rungs adds position size at once.
Unscheduled news
Central-bank speeches, political events and surprise announcements arrive without notice. PipLadder scans central-bank headlines and flags unusual ones, but no tool can predict a surprise.
What the News Shield does
Before and after high-impact events that affect your pairs, PipLadder holds new rungs and tells you why. Closing and risk signals still go out. You can see the next events on the Calendar page.