In practice
Checking the calendar is part of preparing for a session. Traders note the high-impact events for the currencies and markets they trade, with their times, and plan around them.
The usual choices are to be flat before a major release, to tighten risk, or to wait and trade the move that follows it.
What to watch for
Times are shown in the calendar's own time zone unless you change it, which catches people out when clocks change. Unscheduled headlines are not on any calendar.
Related terms
4 terms- ConsensusEconomists' expected value for a release; markets react to the surprise between actual and consensus.
- CPIThe US inflation report, monthly at 8:30 am New York time; core CPI leaves out food and energy.
- Non-farm payrollsNFPThe US jobs report, usually the first Friday of the month at 8:30 am New York time.
- FOMCThe Fed committee that sets US interest rates, eight times a year: decision at 2:00 pm, press conference at 2:30 pm.