Forex Economic Calendar

BabyPips.com's forex economic calendar helps you dig deep into all the financial events, without the heartburn of forex analysis paralysis.

Now that you're up-to-date with the economic events that rock the forex market, make sure you also know how to trade them. Count on Pip Diddy’s Daily Forex Fundamentals reports to help you understand what these trends could mean to your favorite currencies! Looking for a pair to trade? Head on over to Big Pippin's blog and check out the setups he spotted on his Daily Chart Art.

Economy Watchers Survey close
# Revised Better / Worse Units: index
Impact Actual Forecast Previous Time Date
Med 50.90 51.80 00:00 5/10

Source

Cabinet Office of Japan

Definition

An index that reflects consumer confidence and economic trends in Japan.

Frequency

Monthly

Why should I care?

The Economy Watchers Survey asks those who are employed in business cycle-sensitve sectors about their sentiment on the current and future economic conditions of the country. Therefore, traders regard it as a leading indicator of the economy's health and consumer confidence. A figure above 50 is usually bullish for the yen as it would indicate positive economic outlook while anything lower indicates pessimism.

JPY SMQ
Help

The OlsenScale (SMQ)

The Olsen Scale quantifies the market activity according to the Scale of Market Quakes (SMQ).

Similar to the Richter scale which measures the release of seismic energy during an earthquake, the SMQ relates excessive pricing along various price and time scales to historical data by assigning a single number to it. On a constant basis, the scale therefore characterizes the state of the market.

For more information visit OlsenScale.com
Released: May 10, 2012 0:00
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