The beginner's guide to FX trading
The import prices index follows the increase or decrease in the prices paid for goods imported to a host country. The figure is important in relation to the trade balance. Trade balance indicates the difference between exports and imports. Trade balance is one of the major compositions of a country
GDP stands for Gross Domestic Product. GDP is the total value of the goods and services produced in a...
Trade Balance measures the difference in value between imported and exported goods and services. It is the...
The Current Account is the difference between a nation’s total exports of goods, services, and transfers,...
Forex trading is the simultaneous buying of one currency and selling another. When you trade in the forex...
A floating exchange rate refers to currencies that are allowed to change freely, as influenced by an open...
USD was net red once again, despite a valiant effort from Dollar bulls on rising inflation/rates speculation, eventually falling on rising risk-on sentiment on pandemic recovery hopes.
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In a relatively quiet week, it looks like there was enough news to push the comdolls into the lead while the Swiss franc takes the ‘biggest loser’ honors into the weekend.
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NZD broke from the risk-off trend to take the top spot among the majors this week thanks to a hawkish move from the Reserve Bank of New Zealand.
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Forex pairs were mixed & choppy this week, indicating that traders put a little bit more weight on individual currency stories, rather than just focusing on broad market themes & risk sentiment.
Read MoreEither write something worth reading or do something worth writing.Benjamin Franklin
