The Economic calendar will help you not only follow a wide range of major economic events that continuously move the market but also make the right investment decisions.
Why should I use it?
It’s reliable. You can trust it.
Open a Cent account on INVSWISS and mark it as leader account in your Trader Room to make your orders available for others to copy. By becoming a leader on INVSWISS you receive a commission up to 8 USD for each lot copied from you by your followers.
If you are a fundamental or a news trader, it’s a must.
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. Our economic calendar is your companion, a tab that is always opened on your computer. If you do not care about macroeconomics when trading, it’s still a useful tool.
How to read it?
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.
Shortened as “Vol.” in the economic calendar and depicted as yellow/orange/red bars, the volatility is an indicator of the expected impact of a data on currencies. Shall a bar be red and long, market observers expect this data to have a great probability to move the Forex market. Shall this bar be yellow and short, the probability is viewed as low. In orange, we’re just in between.
For all economic calendar indicators, you will find the Previous number: that is the data in its last release (frequency of data release is variable:
it can be last month, last trimester…). For most indicators, we add a Consensus number: that is a general agreement of experts on the outcome of the number. When the Actual data is released, it’s immediately displayed at the right of the volatility indicator. Better or worse than expected? If we had a consensus published, it comes either in green (it means the data is better than expected) or in red (worse than expected).