Forex economic news calendar
A Forex economic news calendar is a schedule of upcoming economic events and news releases that can impact the foreign exchange market. Here is a sample Forex economic news calendar:
Monday
- 08:30 AM EST: UK GDP (QoQ) (Previous: 0.1%)
- 10:00 AM EST: US ISM Manufacturing PMI (Previous: 52.6%)
- 10:00 AM EST: US Construction Spending (Previous: 0.4%)
Tuesday
- 08:30 AM EST: UK Services PMI (Previous: 53.3%)
- 10:00 AM EST: US ADP Employment Report (Previous: 205,000)
- 10:00 AM EST: US ISM Non-Manufacturing PMI (Previous: 56.9%)
Wednesday
- 08:30 AM EST: UK Retail Sales (YoY) (Previous: 2.7%)
- 10:00 AM EST: US Federal Reserve Interest Rate Decision
- 10:00 AM EST: US FOMC Economic Projections
Thursday
- 08:30 AM EST: UK Claimant Count Change (Previous: -20,300)
- 10:00 AM EST: US Initial Jobless Claims (Previous: 218,000)
- 10:00 AM EST: US Continuing Claims (Previous: 1,734,000)
Friday
- 08:30 AM EST: UK Average Earnings Index (YoY) (Previous: 3.1%)
- 10:00 AM EST: US Non-Farm Payrolls (Previous: 225,000)
- 10:00 AM EST: US Unemployment Rate (Previous: 3.6%)
Other Important Events
- European Central Bank (ECB) Interest Rate Decision: The ECB sets monetary policy for the eurozone, and its decisions can impact the value of the euro.
- Bank of England (BoE) Interest Rate Decision: The BoE sets monetary policy for the United Kingdom, and its decisions can impact the value of the pound.
- Federal Reserve (Fed) Interest Rate Decision: The Fed sets monetary policy for the United States, and its decisions can impact the value of the US dollar.
Why is this information important?
- Economic news releases can impact the value of currencies, as they can influence market sentiment and expectations about future economic growth and inflation.
- Central banks' interest rate decisions can also impact currency values, as changes in interest rates can affect the attractiveness of a currency for investors.
- Understanding the schedule of upcoming economic events can help traders and investors anticipate potential market movements and make informed decisions about their investments.
How to use this information
- Set reminders for upcoming economic events to stay informed and anticipate potential market movements.
- Analyze the data and news releases to understand their potential impact on the market.
- Use technical analysis and fundamental analysis to make informed decisions about your investments.
- Consider diversifying your portfolio by investing in different asset classes, such as stocks, bonds, and commodities, to manage risk.
Remember, the Forex market is highly volatile and can be affected by a wide range of factors, including economic news releases, central bank decisions, and global events. It's essential to stay informed and adapt to changing market conditions to achieve success in the Forex market.