Forex economic calendar is an extremely important tool for those participating in forex trading, it cannot be ignored. Spending a few minutes every day with Learn Forex Trading to update the economic calendar can determine your success in the market in the long term.
Overview of Forex economic calendar
So in the forex market, what is the economic calendar? How to choose the best economic calendar? The following content will help you answer the above questions
What is Forex economic calendar?
Forex economic calendar, also known as economic calendar, is a notice board of financial and political events, and economic cycle that can affect the price of a certain product or market. For example, new GDP figures, interest rate decisions, and the European Central Bank’s (ECB) annual conference are all important events that often appear on the economic calendar.
Such events are updated weekly or even at peak times. The economic calendar is updated multiple times per day.

Investors and traders often use economic calendars to plan their trades. Allocate financial investments, and at the same time observe how events on the economic calendar affect the chart of a particular market. From there, buying and selling make reasonable decisions.
Information on economic calendars is available for free on many financial websites. However, each website may provide a different version of the world economic calendar. Depending on the financial market they target.
See more: For traders to succeed with economic calendar
Best economic calendar
Different websites offer diverse versions of economic calendars. It depends on the market target and the type of transaction they are targeting. Among them, some websites provide information about economic events around the globe. But as a trader, it is important to choose specialized Forex economic calendar sites, focusing on events that have the potential to affect indices, commodities, and contracts. See more about economic calendar investing
How to view Forex trading schedule
To maximize the benefits of the economic calendar in forex trading, knowing how to view it is extremely important. But have investors viewed it properly? Come to the following content to learn about the most accurate way to view the Forex economic calendar
How to view Forex trading schedule
When following the world economic calendar, new investors will often see information and events sorted by time, country, event name, and its importance. At the same time, they will also observe the previous period’s value, and predict the future, and the present value of that event.
Events on the calendar are evaluated with different weights. Depending on their impact on the market and the type of economic calendar you use:
- Small events that have little impact on the market are often marked as “Low” or “One Star”.
- Market-moving events are often marked as “Moderate” or “Two Star”.
- Events that have a strong impact on the market are often marked as “High” or “Three Stars”.
How to view Forex trading schedule
On the calendar, traders need to pay attention to two types of important economic events:
- Leading events: are major events that regulate the economy and finance. Often used to predict future forex market trends. For example: the retail sales index.
- Subsequent events: are changes identified after the market trend has formed. Usually an indicator of past economic performance. For example: the unemployment rate.
In addition to weighting, sometimes economic events are also classified according to the level of volatility they can expect.
Important events on the world economic calendar
The top events you need to pay attention to when watching the Forex economic calendar include:
- GDP: A measure of the value of all products and services in a country.
- PMI: One of the important events because it is related to manufacturing activities.
- Decisions on interest rates and interest rate adjustments by the central bank.
- Central Bank monetary policy annually.
- Non-agricultural payroll.
Important events on the world economic calendar
In addition, you also need to pay attention to forex events that have a medium impact such as:
- Unemployment declaration.
- Unemployed rate.
- CCI consumer confidence index.
- Current home sales index.
- DGO durable goods orders.
Forex events are less important but still have an impact on the economy. Includes: balanced federal budget, factory orders, average hourly earnings,…
Benefits of the economic calendar on the Forex exchange
The economic calendar focuses on reporting on a country’s economic and financial situation. Includes events such as unemployment rates. Loan interest rate changes, periodic reports from the central bank. And surveys on the market’s economic situation. These events are usually divided into two categories: reports on the current situation and forecasts on the future of finance and economics.

Traders and investors often use information from these events to:
- Analyze and evaluate the market.
- Search for trading opportunities.
- Effectively manage all types of risks.
- Plan for future trading.
On the trading exchange, it is common to see traders opening positions (buying/selling) with large trading volumes corresponding to information about a specific event or before an important event is announced.
In the Forex market, the economic calendar is very useful for traders following the Short Position strategy. If a trader can accurately predict market movements following an announcement. They can open a position just before the announcement, closing it a few hours later. And reap the benefits right away.
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How to analyze data on the Forex economic calendar on the Forex exchange
Forex traders often compare current figures with past figures and refer to chart analysis to evaluate particular data. Based on the synthesis of these three numbers, they make an assessment of whether the economic event under consideration will have an impact on the market and from there make further trading decisions.
Some traders use economic calendars to track economic and political announcements that could affect a particular currency pair in the short term. Thanks to that, they can recognize price fluctuations more quickly and act more promptly than those participating in trading the same exchange rate pair on the market.

When traders become aware that a particular announcement is about to be announced, they will first determine the impact and volatility of that announcement on their position, whether high or low. Based on the open position, they will continue to buy or place stop/cut loss orders. Therefore, tracking leading events on the world economic calendar becomes extremely important for traders. Because those who have accurate information and predictions are the ones who can profit in the market.
Epilogue
It’s not just about knowing information, it’s also about being able to analyze it and apply it to wise trading decisions. Sometimes, a deep understanding of the Forex economic calendar can be the deciding factor between profit and loss.
Therefore, understanding and tracking the economic calendar is not just a skill but a powerful tool that helps traders and investors approach the markets with confidence and extensive knowledge. From there, Learn Forex Trading hopes that you can optimize your trading performance and achieve positive long-term results.
Questions about the Forex economic calendar
What is an economic calendar? What is the role?
An economic calendar is a tool that provides information about economic and political events that may affect financial markets. Its role is to help traders and investors understand and react properly to market fluctuations. From there, optimize profits and manage risks.
What events on the economic calendar should traders pay attention to?
Important events include GDP, PMI, interest rate decisions, nonfarm payrolls reports, unemployment claims, and many other economic indicators.
How do traders use information from the economic calendar?
Traders can use information from the Forex economic calendar to determine trading strategies, place stop/profit orders, and take advantage of trading opportunities arising from economic events.