Let's get brutally honest: as a new trader in the Forex market, you're likely a pro at one thing – blowing accounts. The process of becoming a successful trader is laden with pitfalls and challenges, but choosing the right broker can be your first step toward success.
Traders and investors use the forex calendar to plan their trading strategies, as economic events can lead to significant market volatility and price movements. For instance, if a country's central bank is scheduled to announce an interest rate decision, traders will closely watch for any changes in the interest rates, as these can impact the strength of that country's currency.
