What is an Economic Calendar?
Economic Calendar
Forex Trading Glossary
Quick Answer: An economic calendar lists upcoming data releases and events so traders can plan around high-impact market catalysts.
What is an Economic Calendar?
An economic calendar lists scheduled data releases, central-bank meetings, and events that can move markets. Successful traders plan trades around the calendar to manage risk.
Calendar Essentials
- Event name: Identifies the release (for example, CPI, GDP, PMI).
- Time and timezone: Know when news hits your platform.
- Impact rating: Flags high-, medium-, or low-volatility events.
- Forecast and previous: Compare expectations with prior results.
Plan Ahead
Mark major events for the week and decide whether to hold trades through them or reduce exposure.
Working with the Calendar
- Build routines: Review upcoming events daily.
- Adjust positions: Resize or hedge ahead of high-impact releases.
- Set alerts: Use platform notifications so nothing is missed.
- Post-event review: Analyze how price reacted to improve future planning.
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