Which column on the economic calendar do you check first?

The economic calendar on FTC lists scheduled releases and central bank events. Each row shows the time, the currency, the impact level and the actual, forecast and previous figures, and the impact level says how much the event usually moves its currency. The calendar notes that high-impact releases, such as interest rate decisions and inflation or jobs reports, can move prices within seconds of the release. How to use an economic calendar explains how to read the listing, which is the first step before you decide what to look at.

Which column on the economic calendar do you check first? — central bank rate path diagram
A central bank's policy rate path across recent meetings

The question for this thread is which column you check first, and what would make the calendar more useful for your routine. Would a view that shows only the releases for the pairs you trade help, and would times in your own time zone save you a step? Tell us which of these you would use, and what you would add.

Which column on the economic calendar do you check first? — trading sessions clock diagram
The four forex trading sessions across a 24-hour day

We would like to hear how you use it:

  • Which column do you check first: the time, the currency or the impact level?
  • Do you filter by the pairs you trade, or by the currencies in them?
  • What would make the calendar easier to use during a busy week?
  • Which release do you wish the calendar showed that it does not?

Please share your own view and reasoning. Posts that promise a direction or sell signals will be removed.

Background: How to use an economic calendar to plan your trading week

The calendar is the trader's weekly map: which releases matter, which pairs they move, and which days to trade small or not at all. Here is a Sunday-evening routine that turns it into a plan.

Which economic releases matter most for forex?

Central bank decisions, CPI and payrolls for the dollar; the same pattern for each currency's economy. The releases that matter are the ones that reach the pairs you trade — the calendar should be filtered to them.

What do actual, forecast and previous mean on a calendar?

Forecast is what the market expects, previous is the last reading, and actual is what lands on release day. The market reacts to the difference between actual and forecast — the surprise.

Read the full guide

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