FOREX THEORY
Where to Find Forex News
and Market Data (Part 5)
Economic Calendars
Wouldn’t it be great if you
could look at the current month and know exactly when the Fed is making an
interest rate announcement, what rate is forecasted, what rate actually occurs
, and what type of impact this change has on the currency market? It’s all
possible with an economic calendar.
The good ones let you look
at different months and years, let you sort by currency, and let you assign
your local time zone. 3:00 pm where you’re sitting isn’t necessarily 3:00 pm
where we’re sitting, so make use of the time zone feature so that you’re ready
for the next calendar event!
Yes, economic events and
data reports take place more frequently than most people can keep up with.
This
data has the potential to move markets in the short term and accelerate the
movement of currency pairs you might be watching.
Lucky for you, most
economic news that’s important to forex traders is scheduled several months in
advance.
So which calendar do we
recommend?
We look no further than our
very own BabyPips.com forex economic calendar to provide all that goodness!
If you don’t like ours
(which we highly doubt), a simple Yahoogleing search will offer up a nice
collection for you to examine.
 Economic Calendars Wouldn’t it be great...){kind=link}
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