We have a dedicated team of economists and journalists who update all the data 24h a day, 5 days a week. Our forex economic calendar is fully customizable, helping you keep track of the exact data you’re interested in. Select specific time zones and currencies of interest and apply filters to refine results and fit your strategy. There are countless ways to trade corporate earnings, from simple approaches to very complex ones using options, but the first step to preparing a successful strategy is to be able to easily and accurately track upcoming quarterly reports, along with market expectations.
For example, if a trader believes that a firm’s quarterly results will top consensus estimates by a wide margin, a bullish position might make sense on the assumption that the market will reward outperformance by bidding the company’s stock higher. Risk is the difference between your entry price and stop loss price, multiplied by the position size. Take advantage of forex intraday seasonality via our Asia RSI Trading system, view archived webinar. Publicly traded companies, listed on organized exchanges, are generally required to announce their financial results on a quarterly basis and at the end of their fiscal year.
Using the Economic Calendar
Meeting dates are sorted by bank and also by month, helping you plan your strategies around the key monetary policy and central bank interest rate announcements that can move currency pairs. Also in this section, read news daily fx economic calendar and analysis by our experts for more on how the central bank decisions influence forex. Being able to plan your trades around key economic calendar events means you can ready yourself for potential turbulence in price.
- Learn more about how central banks impact the forex market and the effects of central bank intervention in the forex market.
- For example, if a trader believes that a firm’s quarterly results will top consensus estimates by a wide margin, a bullish position might make sense on the assumption that the market will reward outperformance by bidding the company’s stock higher.
- You can select each event of interest to learn more information about it, the surrounding news and analysis, and also to add it to your email calendar, which can be done by clicking the ‘Add to Calendar’ button.
Learn more about using news and events to trade forex and improve your knowledge of how fundamentals move currency prices. A flag icon indicates the country of the data release, and next to it, its currency. So you can quickly scan and see what currencies might be affected today or in some specific days. Learn more about how central banks impact the forex market and the effects of central bank intervention in the forex market.
Market News
When a new data is released, the calendar page is automatically refreshed so you do not miss it. To trade Forex through fundamental analysis, you have to check how economies over the world are doing based on their macroeconomics data (such as GDP, employment, consumption data, inflation…), watching closely the countries of the currencies you are trading the most. Central bank policy decisions affect the forex market as they reflect a country’s economic stability, in addition to being able to influence its future economic growth.
Recognizing this need, DailyFX has developed its free and fully customizable global earnings calendar, updated automatically and in near real-time, for anyone interested in equity trading and gaining an edge in their strategies. A light grey horizontal line shows you where we stand at the moment and below that line go all upcoming data. Time left before next release is indicated so you quickly grasp when this is coming.
Weekly economic and financial commentary
It serves to manage the nation’s commercial banking industry, overseeing the interest rate, money supply and circulation. It is also known as the ‘lender of last resort’ due to its responsibility to fund its nation’s economy when commercial banks can’t. In the example in the image below, the search has revealed the upcoming Fed interest rate decision from the US, as well as key economic events from the Eurozone. In default mode, the calendar will show you every piece of economic news coming out of the major economies. For many, that will be information overload, so you may want to customize the look.
By default, Green numbers indicate that the economic data release was better than expected or is expected to improve in the future. Red numbers tell us that the event was worse than forecast or is expected to worsen in the future. When a publicly traded company announces quarterly figures, its share price will often move wildly, at times gapping up or down significantly. Based on this knowledge, the DailyFX earnings calendar can be used to determine which stocks could be about to experience higher-than-usual volatility and present interesting trading setups. Our trading charts provide a complete picture of live currency, stocks and commodities price movements and underpin successful technical analysis. Identify patterns and trends and respond to price action more effectively by typing in your chosen asset and applying moving averages, Bollinger Bands and other technical indicators to enhance your trading.
GBP/USD: Sellers have control as the focus shifts to UK data and US CPI
This piece will explore the DailyFX economic calendar in depth, offering tips on how to read a forex economic calendar to plan ahead, manage risk, and support strategic trading decisions. As you will see, the DailyFX economic calendar includes a range of features to improve your experience – making it easier to plan and prioritize. These include close to real-time updates, customized settings for each user, and a more comprehensive view of individual economic data releases. DailyFX also offers free trading webinars to help you plan around major news releases.
Each and every economic event is labeled with an impact from no-impact to low, medium and high impact as well as the previous, consensus and actual result. An economic calendar is a resource that allows traders to learn about important economic information scheduled to be released in major economies. Such events might include familiar indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report. Further, in today’s environment of fiscal cliffs and central bank intervention, it can be very helpful to know the date of the next central bank meeting or major news announcement. A forex economic calendar is useful for traders to learn about upcoming news events that can shape their fundamental analysis.
Brokers and market makers offer FXStreet’s calendar to their clients as a tool to trade.
AUD Price Forecast: No Respite for Aussie after Reserved China Rate Cut – DailyFX
AUD Price Forecast: No Respite for Aussie after Reserved China Rate Cut.
Posted: Mon, 21 Aug 2023 07:00:00 GMT [source]
For example, if a Nonfarm Payroll report is set to be released, traders will know that this indicator has the potential to move FX markets substantially as indicated by the ‘high’ importance. As such, awareness of the events’ timing means trader can plan their forex trades accordingly. The real-time Economic Calendar covers financial events and indicators https://g-markets.net/ from all over the world. The Real-time Economic Calendar only provides general information and it is not meant to be a trading guide. FXStreet commits to offer the most accurate contents but due to the large amount of data and the wide range of official sources, FXStreet cannot be held responsible for the eventual inaccuracies that might occur.