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How to Use the Forex Economic Calendar Like a ProNews Trading

How to Use the Forex Economic Calendar Like a Pro

Don't get caught by surprise. Understanding 'High Impact' events, Consensus vs Actual, and the concept of 'Priced In'.

David Okonjo - Author
Written ByDavid OkonjoChief Market Strategist
Lisa Martinez - Fact Checker
Fact Checked ByLisa MartinezCFD & Derivatives Analyst
Last UpdatedDec 12, 2026
 
 

Frequently Asked Questions

Currently, CPI (US Inflation) is the #1 market mover, followed closely by NFP (Non-Farm Payrolls).
Markets are also moved by "Unscheduled News" (Geopolitical headlines, War updates, tweets from leaders) or simple technical liquidity flows (end of month rebalancing).
Indirectly. Bitcoin is highly correlated to the US Stock Market (Nasdaq). So, "High Impact" USD news (like Rates) will crash or pump Crypto too.
When Central Bankers speak (e.g., "Fed Chair Powell Testifies"), they might drop hints about future policy. Algos scan the audio for keywords and trade instantly.
Always set the Economic Calendar to YOUR local time key to avoid missing an event by an hour.
Non-Farm Payrolls. It shows how many jobs the US economy added. It acts as a report card for the US economy and causes massive volatility on the first Friday of every month.
David Okonjo

David Okonjo

Price Action • Market Strategy • Global Markets

About the Author

David is a seasoned market strategist who has led research teams at multiple international brokerage firms. Known for his insightful market commentary, he provides daily analysis and educational content on price action trading.

Chief Market Strategist — Everything you find on BrokerAnalysis is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback.

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