An economic calendar displays upcoming economic events, data releases, and central bank decisions that can move markets. It’s an essential tool for every trader.
High-Impact Events
| Event | Impact | Frequency |
|---|---|---|
| Non-Farm Payrolls (NFP) | 🔴 High | Monthly |
| CPI (Inflation) | 🔴 High | Monthly |
| Interest Rate Decisions | 🔴 High | 6-8 weeks |
| GDP | 🔴 High | Quarterly |
| Employment Data | 🟡 Medium | Monthly |
| PMI | 🟡 Medium | Monthly |
How to Use
- Check daily before opening positions
- Avoid trading 15 min before/after high-impact events (unless news trading)
- Widen stops during volatile releases
- Note forecast vs. actual — market reacts to surprises
Impact Levels
- 🔴 High — Major market moves expected
- 🟡 Medium — Moderate volatility
- 🟢 Low — Minimal impact
Popular Sources
- ForexFactory.com
- Investing.com
- DailyFX.com