Forex economic calendar will definitely help you to stay aware of the latest financial news and to be ready for the most sharp turns of market. Use all functions of FreshForex economic calendar: you can filter events according to their importance, select a country and time interval. This service also includes the Forex trading calendar for holidays. You can flexibly customize this Forex calendar of economic events. All your settings are saved automatically and available on every next visit.
Analyze how economic events impacted on the market – it is the right step in understanding laws of trading and making a profitable strategy. You will find not only a current data but also reviews released earlier.
Estimate the market situation in 1 minute, choose a day and an hour for your trade. With our economic calendar your Forex trading follows the right course!
Any influence of fundamentals on the course of trading on the Forex market can be hardly overestimated. Currency pairs are actively respond to any political news, economic events and reports on the state of economic systems. Forex economic calendar is not just a list of random dates, publications, and forecasts which are collected in a convenient form for a trader. This is also a trading tool that can effectively be used for successful trading.
First of all, you need to understand what publication may impact on trading process. Traditionally, the market reacts to the reports on dynamics of GDP, labor market, inflation, state of industrial production. These data usually come out in time known in advance. Before their publication, activity in pairs, associated with this news, declines. In the currency market, investors are usually willing to act out decisions of the key central banks (Fed, ECB, Bank of England and others). These dates are also specified in the Forex trading calendar.
Not always a reaction of the currency market to macroeconomic publications is obvious. If you have such information, which characterizes the state of a particular economy, an investor goes deeper into what is happening in the currency market. Understanding of what is happening in the economic system, a trader can more accurately predict a trend in a currency pair, and optimize a trading strategy.
Margin Trading in the Forex market contains risks and can cause in significant financial losses. Before deciding to trade in the foreign exchange market, make sure that you understand the risks according to your financial experience and knowledge.