How to Read and Use Forex Economic Calendar

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Actually, investors made their forecast long ago having invested their money. And if the actual report being even better in comparison to the that of the previous period turns to be worse than expected, the asset’s quotations will descend. Note that you don’t have to listen to the speech of the Bank of England governor . It is enough to follow the trend, that is the opinion of the majority. So, I still recommend reading the news or listening to direct speech, to pick up the start of the new trend early and start trading.

The economic calendar is used to predict the moves of a currency pair. Various financial resources evaluate the state of the market before the release and suggest what numbers will be published. However, instead of placing orders based on them, traders could use this information in the context of their technical analysis.

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We may be a bit biased, but we think that the economic calendar provided by AvaTrade is the best you can find. It has all the important economic releases you’ll need when trading the markets. You’ll be able to quickly see when various countries are releasing employment data, GDP, inflation data, and many of the other economic indicators that can drive markets higher or lower. Combine our economic calendar with our education centre and you’ll be on the way to having all the tools you need to perform accurate and useful fundamental analysis of your favourite markets. For traders, it is crucial to follow important economic events that could have a great impact on the markets.

Leading indicators- Leading indicators are any measurable or observable variables that look forward at future outcomes and events, predicting a movement or change. With a leading indicator, you are basically trying to predict the future, forecasting the timing, duration, and significance of future business and economic trends. The country section allows you to choose from up to 43 countries and only shows economic events happening from the ones you have selected.

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Determine a trading position’s profits or losses at different market prices. If you think that there are too many irrelevant events – don’t worry, you can filter out the ones that you don’t need. To do so, click on the “More” button and set up the filter settings. As part of our core mission, we supervise and regulate financial institutions in the Second District. Our primary objective is to maintain a safe and competitive U.S. and global banking system. Go to the Withdrawal page on the website or the Finances section of the FBS Personal Area and access Withdrawal.


Use the slide bar to choose from 4 different volatility levels including no volatility expected, low volatility expected, moderate volatility expected and high volatility expected. Economic indicators are usually released by governments, international organizations and private research firms. An economic indicator is a statistic that conveys certain information about economic activity. Economic indicators allow investors to analyses the economic performance of a state, country or region, as well as make forecasts about future performance. If you’re looking for additional reading to supplement your forex trading education, you’ve come to the right place!

Intraday trading to take advantage of volatility

The Real-time Economic Calendar only provides general information and it is not meant to be a trading guide. The Real-time Economic Calendar may also be subject to change without any previous notice. Moreover, a customized economic calendar doesn't need to be limited to government and central bank releases. The preference of central banks and other major players is towards a calm and stable market, and in this way most instruments usually act.

Monetary policy refers to the process by which central banks and other monetary authorities control the money supply. Each country and economic region has a monetary authority that seeks to promote stability and economic growth within its jurisdiction. One of the ways a monetary authority might do this is by adjusting interest rates. The economic calendar for Forex generally follows the same events and releases as economic calendars for stocks with the addition of events and releases in the countries for the pairs being traded. A trader may, for example, create an economic calendar around the major releases from oil-producing regions while also incorporating the U.S.

Is a useful tool for traders because it tells them when certain events are happening, and these can have an impact on their trading decisions. By understanding the monthly and yearly events that occur throughout the global economy, traders can use them as indicators for when to purchase or sell financial assets. An economics calendar shows scheduled events, news releases, and other regularly released data that tend to affect trading and investing. Investors and traders use the economic calendar to plan trades and portfolio reallocations and find chart patterns and indicators that may be caused or affected by these events. Margin trading involves a high level of risk and is not suitable for all investors. Forex and CFDs are highly leveraged products, which means both gains and losses are magnified.

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Economic calendars usually focus on the scheduled releases of economic reports for a given country. One of the most important tools of a forex trader is an economic calendar for any currencies they intend to take positions in. If leading indicators are showing signs of an economic contraction, then an investor may want to reallocate their portfolio towards more low-risk, fixed-income securities.

Strategies to use when using the economic calendar

These are easy trading tips to take advantage from economic calendar. It indicates the expected events and the exact time when the data will be released. Besides, you get to see the analysts’ forecast and the previous data. As soon as the data is released, it is included under the ‘actual’ column.

economic data releases

You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy. Full BioRobert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in investment capital. Look out for the flag icon that represents the county of that particular data release, so can keep an eye on currencies that might be affected with just a quick scroll. Once you click on the event that interests you, you’ll have access to more information as well as a price chart showing historical data to help you decide if and how to act. This website is owned and operated by Just Global Markets Ltd., which provides investment services.

Investors and traders use the economic calendar to plan trades and portfolio reallocations and to be alert for chart patterns and indicators that may be caused or affected by these events. The economic calendar for various countries is available for free on many financial and market websites. Stay up-to-date with macroeconomic events, economic releases and company announcements that could move global markets. Trade the news in real-time with’s economic calendar. While this forward-thinking approach is generally beneficial to your trading strategy, it’s also important not to overreact to upcoming events or to the revelations of a just-released news report.

What is an Economic Calendar?

what is economic calendarting alerts is another useful tip for using economic calendars. Alerts can be sent via email, as a pop-up, or as a push notification at a date of your choosing. For example, you can start researching and planning your next Tesla trade in May or June if you know the company's Q2 report is due in July. You can also combine this knowledge with our trading analysis to make more informed trading decisions.

  • Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.
  • Economic calendar Keep up to date with approaching and release events.
  • Some economic indicators are released quarterly, while others are monthly reports.
  • Traders can use economic calendars to look ahead at events that might impact the financial markets.
  • This report, being the second important after Federal Funds Rate, reflects employment statistics changes in the non-agricultural sphere.

The Center for Microeconomic Data offers wide-ranging data and analysis on the finances and economic expectations of U.S. households. The monthly Empire State Manufacturing Survey tracks the sentiment of New York State manufacturing executives regarding business conditions. This ongoing Liberty Street Economics series analyzes disparities in economic and policy outcomes by race, gender, age, region, income, and other factors. For example, if the market expects a country's unemployment figure to be worse than the previous one, the value of the national currency falls against other currencies.

How to Use an Economic Calendar to Boost your Strategies

Open the GBP/USD trading chart and analyze the hourly chart in real-time. Economic calendar Keep up to date with approaching and release events. Once you have created your account, you will have access to our online platform features. Pre-data trading – Another approach is to trade before the data comes out. In some cases, you will find that some assets behave someway before the data comes out. If you combine multiple strategies, having a calendar will help you determine the strategy to use.

It determines the future policy concerning inflation, issuance of bonds, volumes of money supply, interest, and deposit rates. After the news has been released and the market has reacted, it helps to analyze the impact of the fundamental factor on investors’ opinion. Due to the calendar, a trader is informed about when and in which country a national holiday is celebrated, which is a bank holiday. It informs you about when and in which country fundamental news will be released.

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How fast the US economy grows can have a significant impact on market behavior. These events often have a significant impact on financial markets and currency volatility. Conversely, if a trader believes that there will be worse than expected economic news, the trader can take short positions .

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When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset. AxiTrader is not a financial adviser and all services are provided on an execution only basis. Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances. Important legal documents in relation to our products and services are available on our website. You should read and understand these documents before applying for any AxiTrader products or services and obtain independent professional advice as necessary. Your bias at this point is the continuation, but as a technical trader, you will find it best to know which major economic release is coming up and then how it might play it if the news is positive.

Energy Information Administration's weekly petroleum status report and the quarterly filing dates of the oil sector companies they follow. In this way, an economic calendar becomes a customizable trading tool like an indicator alert. 84% of retail investor accounts lose money when trading CFDs with this provider. An economic calendar is a tool that lists all important economic events. Some calendars also cover the important indicators, indexes and ratings. Before an event from the calendar takes place, the trader will study the general state of the economy, review similar past events and more.

Our application is a convenient and easy-to-use widget that displays all relevant economic news directly on the screen of your iPhone, and also shows alerts about events and new released data. You will always be aware of the upcoming macroeconomic events, which will help you make accurate and timely decisions using only your smartphone. This economic calendar, powered by a trusted third-party, reveal the biggest financial news and events happening worldwide in real-time.

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We’re sorry, but the service you are attempting to access may not be intended for your country of residence. LiteFinance Global LLC does not provide service to residents of the EEA countries, USA, Israel, Russia, Japan, and some other countries. Correlation is the ability of one trading asset to repeat the directed movements of another one.

  • But each of them has economical importance and are sure to affect the market and cause either a buyout or a sell-off.
  • Recent data out of the Eurozone has been positive, supported in part by China’s recovery gaining momentum after the re-opening of the economy.
  • Like the durable goods orders report, the retail sales index is released monthly by the U.S.
  • The customisable nature of the calendar allows you to sort events by date, country, timeframe, category or its likely impact on the market.

For example, the consumer price index of Greece is unlikely to impact the markets, and some calendars will have it listed as a level one event. By contrast, consumer price index data from the United States or Eurozone will have the biggest impact on the markets. Countries and economic regions that tend to impact the markets the most are the United States, Eurozone, Japan and the United Kingdom. Traders who use economic calendars track the occurrence of events that move markets and measure their effectiveness. Using an economic calendar will allow traders to anticipate major events and potentially capitalise on them.