Forex Economic Calendar
|01:45||CNY HSBC Flash Manufacturing PMI (JUN)||48.3||49.1||49.2|
DailyFX provides traders with an easy to use and customizable real-time calendar that updates automatically during announcements. Keep track of significant events that traders care about. As soon as event data is released, the DailyFX calendar automatically updates to provide traders with instantaneous information that they can use to formulate their trading decisions.
Why is the Economic Calendar so Important to Traders?
In this video, DailyFX’s trading instructor James Stanley explains the significance of the economic calendar. In the forex market in particular, currency prices tend to have a lot of volatility. That volatility is compounded during event announcements. Therefore, wise traders keep their eyes on this page and track the events that can stir up substantial volatility.
How to Trade Economic News Announcements
DailyFX trading instructor James Stanley goes over how to trade news announcements. Learn what mistakes traders who trade news announcements make and why those who choose to avoid news altogether are depriving themselves of good potential trade opportunities. Find out what type of entry order strategy Stanley recommends to help traders reduce some risk that stems from these news announcements.