In forex trading, fundamental analysts closely watch economic reports coming out of the countries or regions of the currencies they trade.
These reports reveal data about all aspects of the economy and are constantly being updated and announced.
In order to keep track of this large amount of reports, as well as when they are due to be announced, traders use an economic calendar.
An economic calendar will help you plan your trading sessions around the economic data that is due to be released.
Financial calendars are normally highly customizable, allowing you to filter out the results that you’re not interested in, such as low-impact reports and reports from countries that you’re not concerned with.