The economic calendar is an invaluable tool for traders and investors, because it displays the most relevant information about important economic events. These events are more likely to cause high volatility in the markets, which leads to good trading opportunities for experienced traders.

How to work with the calendar

You can scroll through the calendar to see past and future events. The calendar is divided into seven columns:

• Time: Displays the time of the news release, converted into your local timezone
• Country Flag: It represents the currency and country that is most likely to be effected by the news
• Color Coding: Indicates the importance and impact of the economic event from Low (yellow), Normal (Orange) to High (Red)
• The next column is for additional information
• Actual: The release itself
• Forecast: The expected forecast from analysts
• Prior: The last published numbers of the indicator