diff --git a/.changeset/gorgeous-toys-taste.md b/.changeset/gorgeous-toys-taste.md
new file mode 100644
index 0000000000..f65411c746
--- /dev/null
+++ b/.changeset/gorgeous-toys-taste.md
@@ -0,0 +1,5 @@
+---
+'@chainlink/tradingeconomics-adapter': patch
+---
+
+Added support for cache TTL refresh on heartbeat messages for Forex endpoint
diff --git a/packages/sources/tradingeconomics/README.md b/packages/sources/tradingeconomics/README.md
index 64a202afc9..d5ade9fc4c 100644
--- a/packages/sources/tradingeconomics/README.md
+++ b/packages/sources/tradingeconomics/README.md
@@ -4,6 +4,12 @@
 
 This document was generated automatically. Please see [README Generator](../../scripts#readme-generator) for more info.
 
+## Known Issues
+
+### CACHE_MAX_AGE interaction with Heartbeat messages
+
+If `CACHE_MAX_AGE` is set below a current heartbeat interval (45000ms), the extended cache TTL feature for out-of-market-hours that relies on heartbeats will not work.
+
 ## Environment Variables
 
 | Required? |       Name        |                      Description                      |  Type   | Options |                  Default                   |
diff --git a/packages/sources/tradingeconomics/docs/known-issues.md b/packages/sources/tradingeconomics/docs/known-issues.md
new file mode 100644
index 0000000000..a573f278cc
--- /dev/null
+++ b/packages/sources/tradingeconomics/docs/known-issues.md
@@ -0,0 +1,5 @@
+## Known Issues
+
+### CACHE_MAX_AGE interaction with Heartbeat messages
+
+If `CACHE_MAX_AGE` is set below a current heartbeat interval (45000ms), the extended cache TTL feature for out-of-market-hours that relies on heartbeats will not work.
diff --git a/packages/sources/tradingeconomics/src/transport/price-ws.ts b/packages/sources/tradingeconomics/src/transport/price-ws.ts
index db3dee313e..a42d5b879c 100644
--- a/packages/sources/tradingeconomics/src/transport/price-ws.ts
+++ b/packages/sources/tradingeconomics/src/transport/price-ws.ts
@@ -1,4 +1,7 @@
-import { WebsocketReverseMappingTransport } from '@chainlink/external-adapter-framework/transports'
+import {
+  WebsocketReverseMappingTransport,
+  WebSocketTransport,
+} from '@chainlink/external-adapter-framework/transports'
 import { makeLogger } from '@chainlink/external-adapter-framework/util'
 import { BaseEndpointTypes } from '../endpoint/price'
 
@@ -27,6 +30,14 @@ type WsTransportTypes = BaseEndpointTypes & {
     WsMessage: Message
   }
 }
+/*
+Tradingeconomics EA currently does not receive asset prices during off-market hours. When a heartbeat message is received during these hours,
+we update the TTL of cache entries that EA is requested to provide a price during off-market hours.
+ */
+const updateTTL = async (transport: WebSocketTransport<WsTransportTypes>, ttl: number) => {
+  const params = await transport.subscriptionSet.getAll()
+  transport.responseCache.writeTTL(transport.name, params, ttl)
+}
 
 export const wsTransport: WebsocketReverseMappingTransport<WsTransportTypes, string> =
   new WebsocketReverseMappingTransport<WsTransportTypes, string>({
@@ -35,10 +46,17 @@ export const wsTransport: WebsocketReverseMappingTransport<WsTransportTypes, str
       return `${WS_API_ENDPOINT}?client=${API_CLIENT_KEY}:${API_CLIENT_SECRET}`
     },
     handlers: {
-      message: (message) => {
-        if (!message.topic || message.topic === 'keepalive') {
+      message: (message, context) => {
+        if (!message.topic) {
+          return []
+        }
+        // Check for a heartbeat message, refresh the TTLs of all requested entries in the cache
+        if (message.topic === 'keepalive') {
+          wsTransport.lastMessageReceivedAt = Date.now()
+          updateTTL(wsTransport, context.adapterSettings.CACHE_MAX_AGE)
           return []
         }
+
         const pair = wsTransport.getReverseMapping(message.s)
         if (!pair) {
           logger.error(`Pair not found in websocket reverse map for message symbol - ${message.s}`)
diff --git a/packages/sources/tradingeconomics/test/integration/__snapshots__/adapter-ws.test.ts.snap b/packages/sources/tradingeconomics/test/integration/__snapshots__/adapter-ws.test.ts.snap
index 9bbfef67e5..5defa6e45d 100644
--- a/packages/sources/tradingeconomics/test/integration/__snapshots__/adapter-ws.test.ts.snap
+++ b/packages/sources/tradingeconomics/test/integration/__snapshots__/adapter-ws.test.ts.snap
@@ -15,6 +15,21 @@ exports[`websocket price endpoint should return success 1`] = `
 }
 `;
 
+exports[`websocket price endpoint should update the ttl after heartbeat is received 1`] = `
+{
+  "data": {
+    "result": 0.776530152665828,
+  },
+  "result": 0.776530152665828,
+  "statusCode": 200,
+  "timestamps": {
+    "providerDataReceivedUnixMs": 1018,
+    "providerDataStreamEstablishedUnixMs": 1010,
+    "providerIndicatedTimeUnixMs": 1659472542655,
+  },
+}
+`;
+
 exports[`websocket stock endpoint should return success 1`] = `
 {
   "data": {
diff --git a/packages/sources/tradingeconomics/test/integration/adapter-ws.test.ts b/packages/sources/tradingeconomics/test/integration/adapter-ws.test.ts
index 02f9d9e983..31fa9505fa 100644
--- a/packages/sources/tradingeconomics/test/integration/adapter-ws.test.ts
+++ b/packages/sources/tradingeconomics/test/integration/adapter-ws.test.ts
@@ -3,6 +3,7 @@ import {
   setEnvVariables,
   mockWebSocketProvider,
   MockWebsocketServer,
+  runAllUntilTime,
 } from '@chainlink/external-adapter-framework/util/testing-utils'
 import FakeTimers from '@sinonjs/fake-timers'
 import { WebSocketClassProvider } from '@chainlink/external-adapter-framework/transports'
@@ -52,16 +53,25 @@ describe('websocket', () => {
     await testAdapter.api.close()
   })
 
-  describe('price endpoint', () => {
+  describe('stock endpoint', () => {
     it('should return success', async () => {
-      const response = await testAdapter.request(dataPrice)
+      const response = await testAdapter.request(dataStock)
       expect(response.json()).toMatchSnapshot()
     })
   })
 
-  describe('stock endpoint', () => {
+  describe('price endpoint', () => {
     it('should return success', async () => {
-      const response = await testAdapter.request(dataStock)
+      const response = await testAdapter.request(dataPrice)
+      expect(response.json()).toMatchSnapshot()
+    })
+
+    it('should update the ttl after heartbeat is received', async () => {
+      // The cache ttl is 90 seconds. Mocked heartbeat message is sent after 10s after connection which should
+      // update the ttl and therefore after 93 seconds (from the initial message) we can access the asset
+      await runAllUntilTime(testAdapter.clock, 93000)
+      const response = await testAdapter.request(dataPrice)
+      expect(response.statusCode).toBe(200)
       expect(response.json()).toMatchSnapshot()
     })
   })
diff --git a/packages/sources/tradingeconomics/test/integration/fixtures.ts b/packages/sources/tradingeconomics/test/integration/fixtures.ts
index ecc7483b28..5f28d09058 100644
--- a/packages/sources/tradingeconomics/test/integration/fixtures.ts
+++ b/packages/sources/tradingeconomics/test/integration/fixtures.ts
@@ -140,6 +140,9 @@ export const mockWebSocketServer = (url: string) => {
             topic: 'USDCAD',
           }),
         )
+        setTimeout(() => {
+          socket.send(JSON.stringify({ topic: 'keepalive' }))
+        }, 10000)
       } else {
         // stock endpoint
         socket.send(