With Trading Central's "Economic Insight", investors can identify opportunities by targeting economic data and events that have high volatility impact.
The U.S. Federal Reserve will announce its interest rate decision next Wednesday, let's find out how Economic Insight helps trading prep.
In 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 Wednesday (December 10) and we can click on those little icons on the right to find out more information related to the event:
The Volatility session showed that the average pips range (1 hour) for the past 8 events is about 40 pips for AUD/USD:
In the Impact session, we can see that last time AUD/USD moved in a range of 52 pips during the hour after the release:
Below are the other key data for the upcoming week:
Source: Trading Central Economic Insight
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