Advanced forex news calendar automatically updated in real-time as soon as current economic events get released. Customize it by selecting the time zone and filtering economic events by market impact, currencies, and their type. See economic news sources, descriptions, frequency, and historical list of events with the data.
In order to reduce risk when trading Forex markets, you need to follow most important events/news announcements such as Gross Domestic Product (GDP) data changes as well as Purchasing Manager’s Index (PMI), Initial Jobless Claims, Unemployment rate, Consumer Confidence Index as they generally reflect the overall situation in the economy.
Therefore, the Current Economic Events & Forex News Calendar is a must-have tool that needs to be checked daily in order to be prepared for a sudden increase in either short-term volatility or general mid to long-term market direction.
For the best overview of the situation, it is best to check upcoming news week ahead, however, the tool allows you to customize a specific timeframe that you are interested in in order to suit your personal trading style.
Customize it by selecting the time zone impact, currencies, and their type as seen in the toolbar below:
One of the best options is to filter by regions or specific countries to filter out less relevant information:
Once done, apply settings and you can have a much clearer picture of what the situation is in the specific markets you are interested in.
Now you can see all the relevant information related to the Country and Currency you have selected.
The information available from left to right includes:
Keep in mind that this information should also be used in addition to other tools and types of analysis such as:
Read further about How to Combine Different Types of Forex Analysis
Now you should be ready to start using the Advanced forex news calendar and combine it with Forex Day Trading Strategies.