The developer, Liteforex (Europe) Limited, indicated that the app’s privacy practices may include handling of data as described below. Mark Carney has signalled that the Bank of England is willing to lower the interest rate from 0.75% to 0.5% if the weakness of the UK economy continues, gave a general market commentary. This has strengthened the pound against the US dollar allowing it to hit its two-week low.

CapitalXtend shall not be held legally responsible for any potential loss or damage resulting from relying on the information presented in this website, including brokers’ reviews and ratings, financial news, authors’ opinions, and/or analysis. The above examples are only a part of the cases that represent the relation of the forex rates to a wide range of economic events. The actual result for the economic release appears on the economic calendar once it gets formally announced. This result can then be compared to the market analysts’ consensus to see if the release was better, in line with or worse than what analysts expected. This number shows what the market analysts’ consensus for the economic indicator is.

EUR/USD trim gains in the wake of ECB rate hike; hawkish remarks from central bankers in focus

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. Switch between five different calendar views or look up historic data for each event to get a better understanding of data trends within a particular country. You can also customise the calendar to suit your personal preferences and view as much or as little data as you want for each market event by choosing how the events are displayed.

A general understanding of economics can give investors an advantage versus those who lack any familiarity with economic concepts. Assessing the state of the economy and how that might be relevant to the market value of an investment they are considering remains https://traderoom.info/how-to-use-gann-indicators/ an essential part of the fundamental analysis many investors routinely perform. All the information provided on CapitalXtend website is for educational purposes only. Any trader placing trades relying upon the website information is taken at his own risk.

What is the Economic Calendar?

By keeping track of economic events and the resulting market impact, traders can get a good sense for how the market typically reacts based on an economic release. Some short term traders even employ a strategy called “news trading” that involves taking advantage of the extra volatility surrounding economic releases. More conservative traders will often square positions ahead of such announcements to avoid unexpected price changes and order slippage. Our application is a convenient and easy-to-use widget that displays all relevant economic news directly on the screen of your iPhone, and also shows alerts about events and new released data.

The report is released on the first Friday of every month at 8.30 US time zone. The economic fx calendar is the list of upcoming events (calendar of events) grouped by countries, importance (the strongest impact on forex rates), and so on. An event, scheduled in the daily economic calendar, which goes on in a country directly influences its local currency and market conditions.

Always wrong time

You will always be aware of the upcoming macroeconomic events, which will help you make accurate and timely decisions using only your smartphone. An economic calendar allows you to plan your trading stategy by learning which events are due for release in the coming days and weeks. You can also get the latest data on the crucial economic announcements, which can potentially impact the financial markets. These include US non-farm payrolls data, interest-rate announcements, inflation numbers, manufacturing figures, GDP and much more. For example, a speech by a central bank president or treasury official is considered an economic event. If a speech of this type gives any indication of an unexpected monetary policy shift, the event can move financial markets drastically.

This way you can monitor multiple websites from one convenient browser, and customise it so that it only displays material and content that you are specifically interested in. With Myfxbook.com RSS feeds, you can get the latest updates of the recently discussed topics, forex news, or forex calender events directly in your RSS reader free of charge, for individual (non-commercial). We hope that the mobile version of the LiteFinance economic calendar will become your easy-to-use and reliable assistant on the market. The Economic Calendar page keeps track of all the important events and Economic Indicators that drive the markets.