Trade Economic News with the DailyFX Economic Calendar

Trade Economic News explained by professional Forex trading experts the “Trade Economic News” FX trading team.

Trade Economic News?

You commonly hear us analyze every move on the charts but just as important are the news events that can cause those moves. In today’s environment of Fiscal Cliffs and Central Bank intervention, you never want to be without the knowledge of the next Central Bank meeting or major news announcement.

This article will introduce you to the DailyFX Economic Calendar so you know what to expect and we’ll walk through customizing the calendar so you’re only focusing on the news that is important to you.
In default mode, the Calendar will show you ever piece of economic news coming out for the major economies. For many of you that will be information overload so you’ll want to customize the look.

Here is how you can customize the Economic Calendar. First, I’d recommend you change the time frame to what you’re most comfortable with. For most of you, it will be Eastern Standard Time. Next, click the Filter button to look at the events that are of importance to you. This will be determined by country and importance.

For example, if you’re trading EURUSD, you’ll want to focus on news coming out of the Eurozone and United States that is of high importance. Your Filter would look like this
We will also prepare articles before major rate decisions so you know the possible set-ups given market expectations. We recently put an article together before the Reserve Bank of Australia’s rate announcement in early November.

If you want an overview of the most important events for the upcoming week, we recommend you watch Jeremy Wagner’s US Opening Bell every Monday morning at 9:30am EST. Jeremy breaks down the biggest events in the week ahead that have the potential to move the market.

DailyFX will provide every news announcement to you so that you can know what’s happening around the globe and how it can potentially affect your trades.

Trade Economic News Conclusion

For more information about currency trading brokers visit Forex brokers comparison website, Tip foreign exchange trading
experts please by share this article about Trade Economic News

In this article