With Trading Central's "Economic Insight", investors can identify opportunities by targeting economic data and events that have high volatility impact.
The week ahead will be a busy one packed with central banks' interest-rate meetings and the U.S. presidential election. We will take a closer look at how Economic Insight could help in preparing trading on the Federal Reserve event.
In our Economic Insight, users can customize settings by selecting date, importance and countries on the left menu:
We are looking at Fed Interest Rate Decision due on Thursday November 7 and users can click on those little icons to find out more information related to the event:
The Volatility session showed that the average pips range for the past 8 events is about 43 pips for EUR/USD:
In the Impact session, you can see that last time EUR/USD moved in a range of 63 pips during the hour after the rate announcement:
Below are the other key data for the upcoming week:
Source: Trading Central Economic Insight
