Economic Calendar

Have you ever heard the term economic calendar? People who are not traders or not involved in regular market investments may not be aware of this term.

For traders, this term is like their best friend. They only spend one to two minutes a day, but for them that one minute is very important and they start their day by going through the economic calendar.

The economic calendar makes you aware of the important dates of any event or release that may affect the economic situation of the market. The financial sectors are a news-driven market interest vehicle. Thus, the arrival of significant news or financial events will drive price growth in the market.

If you are new to this world of trading and investing or do have not much experience in day trading or stock investment then, all you have to do is to give a few minutes of your day watching the economic calendar and you can even trade like an experienced trader.

Economic Calendar

The economic calendar is one of the most important tools used by traders.

The calendar shows a list of the main economic events for this week.

Economic news has a positive or negative impact on a specific currency in the previous, expected, and current rates.

The economic calendar or the economic data agenda displays a schedule of the results of the economic data for the most important economic indicators of the major industrial countries such as the United States of America, the United Kingdom – Britain, Canada, Japan, China, Australia, New Zealand, European countries such as Germany, France, Spain, and others, which affect Of course, on the movement of currency exchange rates – Forex, the results of economic data are updated in real-time. It should be noted that the data contained in the economic calendar is derived from many sources that we believe to be reliable sources, but we cannot guarantee the accuracy of this data or information or guarantee that it is free from any errors, so BSI FX disclaims responsibility for any errors or damages that may occur to you as a result of reliance on such data or information.

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