Economic calendar is a schedule of economic events happening in the world. In this calendar there are dates of financial figures posting, which are important for currency rates, as well as events that may influence current rates. Generally Forex economic calendar is composed for the current week. Traders use it to get acquainted with actual financial events and also to make forecasts for currency rate fluctuation of different countries. Having an opportunity to monitor the influence of one or another event on currency rates, a good trader most likely may predict rate fluctuation, and consequentially avoid mistakes, make a correct operating strategy and minimize own risks.