Archive for July, 2009

Broker Quotes beta launched

Tuesday, July 28th, 2009

After a substantial development period we’re proud to unveil Broker Quotes, the world’s first multi-source forex quotes!

Broker Quotes is small in size but big on functionality. It supports 27 currency pairs quoted in real-time by any combination of eleven brokers. The interface can be customized, and your settings are remembered.

Broker Quotes has an intricate back-end that is still being load tested, so there may be a few crashes and bugs during the beta period (disclaimer! ;) ). If you encounter a bug or have an idea for improvement make sure to comment or contact us!

Posted by Scot, Forex Factory Senior Developer

FF calendar meets China

Tuesday, July 14th, 2009

Today we launch our coverage of key Chinese economic data. The following events will now be reported on the Forex Factory calendar:

  • GDP q/y
  • Industrial Production y/y
  • Trade Balance
  • Manufacturing PMI
  • CLSA Manufacturing PMI
  • CPI y/y
  • PPI y/y
  • Fixed Asset Investment ytd/y
  • More Coming Soon

    As you may have noticed, Chinese data releases are gradually having a more pronounced impact on the currency markets. Presently their influence can rival high-profile G7 indicators, especially in regard to the yen and commodity currencies. It has long been evident that we needed to add the Chinese yuan (CNY) to the calendar, and early this year the Forex Factory economists set out to tackle the project.

    The sources for Chinese data are far less transparent and less reliable than we are used to dealing with on the calendar, which is why we had avoided CNY for so long. It took our team five months of research, source gathering, release monitoring, and beta-testing to report the data with the same quality and reliability that we strive for on the calendar.

    We cannot change how Chinese sources release and schedule data, but we can implement procedures that will bring clarity and consistency to our coverage. We have made several ‘FF Notes’ (see the Detail View by clicking the icon) to inform you of special circumstances you might expect to see, and we created a new set of ‘FF Alerts’ (see the inside the Detail View, where applicable) that will be used keep you abreast of scheduling issues as they happen. For the least reliable release schedules we opted to set the event’s default time to ‘Tentative’ to make you aware that we don’t know the exact release time. With all CNY data you should be prepared to see surprise early releases, leaked data later retracted, and data being delayed for days – we will do our best to inform you of these issues with the FF Alert function. Finally, we ask that you be slightly more forgiving of our mistakes as we become further acquainted with the new coverage.

    We will report our first live CNY data in about 24 hours… see you there!

    Posted by Tim, Forex Factory Senior Economist

    Dynamic thread bookmarks

    Friday, July 10th, 2009

    In response to numerous member requests, we built a new feature that lets you dynamically bookmark four thread locations – the first page, first unread post, last page, or last post.

    These bookmarks are especially useful if you follow the high-activity threads in the Interactive Trading forum, as you can now access the latest thread updates with one click of your bookmark.

    Thanks to the members who suggested this feature! :)

    Posted by Sidney, Forex Factory Director of Marketing