Economic Calendar
The Forex Economic Calendar is an essential tool for Forex traders that provides timed information on important economic events around the world. These events can include things like:
Publication of economic statistics: such as unemployment rate, inflation rate, gross domestic product growth (GDP) and…
Interest rate decisions: by central banks such as the US Federal Reserve or the European Central Bank
Economic statements: by government officials or economic leaders
Elections and political events: which can affect the economic stability of a country or region
Using the forex economic calendar, traders can:
Anticipate important economic events: and prepare for possible market fluctuations.
Make more informed trading decisions: Given that economic events can have a significant impact on currency prices.
Reduce your trading risk: By avoiding trading when high-risk economic events are released.