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The economic events data released which shows you whether the data is BETTER (Green Highlight) or WORSE (Red Highlight) than expected.
High impact(Highly likely event to move the market)
Economic indicators are the not only important events to watch out for. Also take note about the following news events:
The previous data results e.g. Last month or last quarter
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An important indication on how likely therell be an impact on the currency and equity markets.
This will show you either the time left, minutes or days, before the next announcement is released or youll see Done which tells you that the event has already happened.
Once youve visited the website page,Economic Calendar, below youll easily understand how to read the Forex Economic Calendar.
No impact(No significant event to move the market)
Feel free to contact us, and we will be more than happy to answer all of your questions.
There are a couple of important events youll need to watch out for on a monthly basis.
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With each economic indicator event released, youll find the Previous, Consensus and Actual numbers on the top right of the Forex Economic Calendar.
Medium impact(Medium probability of moving the market)