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.

Flash HICP close
# Revised Better / Worse Units: % y/y
Impact Actual Forecast Previous Time Date
High 2.60 04:00 4/30

Source

Eurostat

Definition

A consumer price index which is compiled according to a methodology that has been harmonised across EU countries.

Frequency

Monthly

Why should I care?

The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). It reflects the region's overall inflation. Price increases give the central bank more reason to raise the interest rate. A high reading is usually considered bullish for the EUR.

EUR 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: Apr 30, 2012 4:00
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