Economic Calendar LIVE

An economic calendar lists upcoming economic events, reports, and announcements that can significantly impact currency prices. These events include employment data, inflation reports, interest rate decisions, and GDP releases. Forex traders use economic calendars to plan their trades and avoid high-volatility periods that can cause unexpected price movements.

Economic events affect currency pairs by changing market expectations about a country's economic health and monetary policy. Strong economic data (like high employment or GDP growth) typically strengthens a currency, while weak data weakens it. Central bank decisions on interest rates have the most significant impact, as they directly affect currency values and investor confidence. High-impact events can cause price movements of 50-200+ pips within minutes.

HIGH impact events (like NFP, Interest Rate Decisions) can move markets 100-200+ pips and should be avoided. MEDIUM impact events (like CPI, GDP) typically cause 30-80 pip moves and require caution with reduced position sizes. LOW impact events (like PMI data) cause 5-15 pip moves and are generally safe to trade. The impact level (shown as "Impact: HIGH/MEDIUM/LOW" in the event badge) indicates the expected market volatility and helps traders adjust their risk management accordingly. See the Key Economic Events section above for specific examples and trading strategies for major events.

For HIGH impact events (NFP, Rate Decisions): Close all positions 15-30 minutes before release and wait 30-60 minutes after for volatility to settle. For MEDIUM impact events: Reduce position sizes by 50% and use wider stop losses. For LOW impact events: You can trade normally with standard risk management. Generally, it's best to avoid trading during the first 5-15 minutes after a high-impact release, as this is when the most extreme volatility occurs. For specific event strategies, see the Key Economic Events section above.

When economic data is released, we compare the actual value to the forecast (consensus) value. If actual is greater than forecast, it's "Better than expected" (typically strengthens the currency). If actual is less than forecast, it's "Worse than expected" (typically weakens the currency). This comparison helps traders quickly understand whether the data is bullish or bearish for the currency and adjust their trading strategy accordingly.

Our economic calendar is updated every 12 hours via automated API calls. Events are cached for 12 hours to ensure fast page loads while maintaining data freshness. The calendar shows events for the next 30 days, giving traders ample time to plan their trading strategy around upcoming economic releases.