Major economic events, like Non-Farm Payrolls (NFP), Federal Reserve (FOMC) decisions, and inflation reports (CPI), can cause big price swings in the markets. These events affect interest rates, economic outlooks, and overall trader sentiment, leading to sudden volatility.

If there’s important news about the USD, it will impact all pairs that include the dollar, such as:

• EUR/USD
​• GBP/USD
​• USD/JPY
​• USD/CAD
​• BTC/USD

Even cryptocurrencies can react to economic news. If the USD weakens due to negative reports, traders may look for safer investments, increasing demand for Bitcoin and Gold as safe-haven assets.

To avoid surprises, always check the economic calendar before trading, as these events can create fast-moving markets with both risks and opportunities.