DailyFX.com Provides Economic Countdown

DailyFX.com Provides

Economic Countdown

New York, April 03, 2008

DailyFX.com (http://www.dailyfx.com/)   has introduced a countdown to economic data on the DailyFX.com home page and the DailyFX Economic Calendar.

Trading the news is extremely popular in the currency markets. Knowing exactly when news will be released is essential for all FX traders, as you can profit during a news event if on the correct side of a trade. Don’t be surprised by a major economic news event because you can also lose if you’re not ready. Watch the clock tick down to enter the market and actively trade in fast-moving market conditions.

When the countdown reaches zero the economic announcement will be published on DailyFX.com. Within minutes, DailyFX.com Analysis will release an in-depth examination of the event and how it has affected the currency market.

The DailyFX Economic Calendar is a one-stop-shop for economic releases. The Calendar shows you what is coming out, how important the information is, and what impact it can have on specific currencies. The Economic Countdown highlights only the most important news events *

“We feel that it is important for traders to be aware of news events before they come out,” said Kathy Lien, Editor-in-Chief of DailyFX.com. “Most economic [news] releases have the potential to affect the currency market substantially: we want our traders to be prepared.”

You can find the Economic Countdown on the DailyFX Economic Calendar page: http://www.dailyfx.com/calendar/ 

*The Economic Countdown will only be present 12 – 24 hours before a High Level news event.

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Leveraged foreign exchange trading carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.

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Jaclyn Sales