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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Another rough week for USD as the FOMC event, uncertainty with the next U.S. government stimulus, and increasing coronavirus fears continued to weigh on the Greenback.
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What’s a trading bias and how does it differ from your everyday predictions? Here’s a short guide that might help your next forex trade ideas.
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Traders were moving away from low-yielders/safe havens as the pandemic recovery trade continued, the likely main driver for net losses in both the euro & Swiss franc.
Read MorePeople rarely succeed unless they have fun in what they are doing.Dale Carnegie