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Navigating the Economic Calendar Interface
Let’s break down each highlighted column:
1. Time: Denotes when the event is going to happen.
2. Currency: The currency which will be most directly affected by the event.
3. Importance: How volatile the resulting effect is likely to be.
4. Event: Brief description of the event.
5. Actual Value: The actual outcome of the event in numerical terms. Red denotes a lower number than what was forecasted, and green indicates a higher number than forecasted expectations.
6. Forecast Value: Prior to the event happening, analysts often come to a consensus about what the forecasted outcome of the event will be.
7. Previous Value: The actual value of the previous same event. If the event is MoM, for example, the previous value will show the actual value of the previous month.
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