Economics play a huge role in the foreign exchange market. I enjoy looking at economic trends and trying to see how it affect currencies and life in general. I will post my thoughts and observations here. I'm throwing macroeconomics, forex trading, pop culture, and everyday life into a pot and hopefully the final product are lessons that are easy for you to consume.
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Tomorrow we have the GDP report coming out at 8:30 am ET. GDP is the broadest measure of growth for the US economy...… More…
Tomorrow the Durable Goods Orders report comes out and I thought we should take a brief snapshot of the report before its released. If you don't know what the Durable Goods Orders report is or why it's important, our Forexpedia will explain everything and get you caught up. … More…
The major US news for today was the Consumer Sentiment report which was released at 10:00 am ET. Basically, consumer sentiment is a survey given out by the University of Michigan that asks participants about their view towards the economy. … More…
The ISM Manufacturing Survey is based on comments from purchasing managers in the manufacturing sector. It’s the first piece of news on the economy every month and provides the earliest clues of how the economy has fared during the previous four weeks.… More…
