Question 1

How does the economic calendar help traders?

Accepted Answer

The economic calendar shows upcoming market-moving events such as interest rate decisions, employment reports, and GDP releases. By knowing when these events occur and their expected impact, traders can plan their positions, avoid unexpected volatility, or capitalize on price movements around major releases.

Question 2

What do the impact levels mean?

Accepted Answer

High-impact events (like central bank rate decisions and NFP) typically cause significant market volatility and can move prices by 50-100+ pips. Medium-impact events (like PMI data) cause moderate moves. Low-impact events generally have minimal market effect but can still be relevant in certain contexts.

Question 3

What is the difference between forecast and actual values?

Accepted Answer

The forecast is the consensus expectation from economists surveyed before the release. The actual value is the real number published. Markets move based on the difference between actual and forecast — a significant deviation (surprise) typically causes larger price movements than a result that matches expectations.

Economic Calendar

Mon, Mar 17

Tue, Mar 18

Wed, Mar 19

Thu, Mar 20

Fri, Mar 21

Frequently Asked Questions

Related Tools