Forex Calendar - Real-time Info on Data Releases

Despite the common perception that good news means a bullish market and bad news equals a bearish market, everything is not that simple.

As a matter of fact, a short-term shift in exchange value is often caused by perception toward market sentiment and less likely caused by a certain theory. The rise in interest rate does increase the exchange value of a certain currency, but it will only happen in the long run. Besides, the interest rate is not the only cause for an alteration in exchange value. There are many other things to consider as fundamental factors.

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Economic indicators play a crucial role in understanding and evaluating the health of an economy. These indicators provide valuable insights into various aspects of economic activity, such as employment, inflation, trade, and overall growth. They help policymakers, investors, businesses, and individuals make informed decisions and formulate strategies. Economic indicators allow us to assess the current state of the economy, identify trends, and anticipate potential changes or risks.

They provide a foundation for economic forecasting and planning, enabling policymakers to implement appropriate measures to stimulate growth or manage downturns. Additionally, economic indicators help investors gauge market conditions and make informed investment decisions. These indicators are essential for monitoring and analyzing the economic landscape, contributing to informed decision-making, and fostering stability and growth in local and global economies.

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Observing the news related to currencies is a must for forex traders. Even forex trader who uses technical analysis is advised to frequently check on the fundamental calendar to avoid collision and keep track of the news. It is always good to know why the market moves in a certain direction and not the other one. Just because you do your trade once or twice a month, does not mean that you could disregard the news.

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Some news will affect the market very quickly and very drastically. Other events, such as wars, government elections, holidays, and even bad weather, may have significant impacts that may be unique to each currency pair.

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