With the constant fluctuations of the currency market, proper analysis of the foreign exchange market is paramount as it gives you an upper hand as a trader the ability to know the losing and gaining currencies. The foreign exchange economic calendar provides up-to-date and real-time results of the winning and losing currencies. For example, as at 6th October according to Daily FX, the SPX500 is up by a volatility percentage of 28% which is the highest while JPN225 is down by 45% which is the lowest.
The economic calendar updates fast and covers all relevant events that may arise within the market and releases that effect to the forex market for the buyers. This enables the ability to keep track of the economic events and impact to the major currencies. It is also possible to filter data in the calendar according to the impact it has on the market or by the nation by the use of specific keywords or analyzing historical values of the indicators.
With adequate knowledge on how to use the economic calendar, it will be easier to follow the major market news released, and game changers in the economic calendar hence, allowing you to schedule your trading to the economic calendar to make the best out of it. The real-time Economic Calendar covers economic events and indicators from all over the world. It’s automatically updated when new data is released. The Real-time Economic Calendar only provides general information and it is not meant to be a trading guide. Most online sites commit to offering the most accurate contents, but due to the large amount of data and the wide range of official sources, it is important to note that they cannot be held responsible for the eventual inaccuracies that might occur. The Real-time Economic Calendar may also be subject to change without any previous notice.
In sites like FxStreet, you can even change the time to match your location or country from which you are in order to get up-to-date forex notifications from the country or region in which you are.