The currency market is a highly responsive market. All you need is an ad for the exchange rate to evolve. Therefore, the economic calendar is an excellent ally for the trader to help him in his decision making. It relates all the economic or political events that can affect the market. These publications include announcements from states and companies. The publication of data is done daily or weekly and this at the opening of different markets. The economic calendar is a chronology of present and future events for a better estimate of the market. This allows traders to anticipate the market and make good business. That is to say that this calendar is a real support on which must refer any good investor before taking a position. The economic calendar is offered by most brokers and stock exchange sites.
The main annual announcements
All events that directly or indirectly affect the financial markets are listed on a table called the economic calendar. The main annual announcements concern economic or political information likely to influence the market.
Where to find his economic calendar
Technological development has greatly facilitated access to information. Whatever is your place of residence, when markets open you have access to the daily or weekly economic calendar. The sites that offer this calendar are multiple. Indeed, almost all online brokers provide these ads. Thus, when you log on the platform of these brokers, you will probably find the economic calendar.So, it will be enough to read well and understand the implication of each event on market prices. To help you see clearly and not waste time, brokers even summarize important events to make it easy for you to decide. Brokers are not the only ones offering economic calendars. Stock market and market news sites also provide detailed tables of events that may be of interest to the market. With these sites, you can easily access the economic calendars. In addition to this, you will find expert analysis that explains everything in detail. For more on this, have a look at https://www.amarkets.com/trading-platforms/ .
The forex or currency market is a market that reacts strongly to world news. Indeed, the psychology of the major powers and strategic economic zones is an important indicator in the market prices. This means that the slightest economic or political event can affect the currency exchange rate. This is the reason why, all facts likely to affect the market are listed on the economic calendar. Countries such as the United States, China, Japan, France, Germany and the United Kingdom regularly publish economic indicators. This allows traders to continuously monitor the global economic situation and anticipate the currency rate. But, it should be noted that unexpected events may occur. In this case, it is up to the trader to use his talents to make a good decision.