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How to Use the Economic Calendar

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So, you know that a currency pair consists of two currencies, representing the market sentiment balance between two countries. For example, in the EUR/USD pair, the US dollar represents the United States, and the euro represents the Eurozone. Therefore, traders dealing with this pair would be interested in events occurring in both America and Eurozone countries. Use filters to customize the calendar according to your interests and goals.  Economic calendar provides the option to filter events by various parameters, such as country, event type, importance, and date.     Pay attention to the importance rating of events, marked as "high," "medium," or "low." Important events usually have a greater impact on the markets. After the publication of economic data or news, analyze their impact on the markets. Analyze vfxAlert dashboards and Signal History. Compare actual data with analysts' expectations and observe how the markets react to these events. During

Economic calendar in simple words

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Use the economic calendar to stay ahead of market movements with timely insights. What it is?   An economic calendar provides information about various economic events, publications, and news that can influence financial markets. What is it for? The economic calendar looks like a summary of indicators for different countries. It shows the importance of each event, as well as the actual, previous, and forecasted values. How to interpret? The market is most affected by how the actual value compares to the forecast. If the actual value is better than forecasted, it usually leads to a currency increase. If it's worse, it typically leads to a currency decrease. Additionally, previous values ​​may be revised.  What is important? It is important to consider the overall market context and other factors that may influence your strategy. Economic events are always viewed in relation to current geopolitical events, market trends, and other factors.