The beginner's guide to FX trading
The measure of output per hour worked. If more output is produced, prices may be lower of the product. The higher the productivity, the better the economy. It is considered the most accurate gauge of overall business health.
GDP stands for Gross Domestic Product. GDP is the total value of the goods and services produced in a...
The Employment Situation Report is released on a monthly basis. You’ve probably heard people call it by...
Industrial Production and Capacity Utilization (IPCU) is a measure of economic activity, released on a...
A binary option is a type of options contract in which the payout will depend entirely on the outcome of a...
Risk sentiment is a term used to describe how financial market participants (traders and investors) are...
USD was a net loser on light volatility, likely on the continued theme of large monetary policy stimulus & a slight positive lean in risk sentiment on vaccine / recovery speculation.
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After spending most of the week in the green, the Greenback falls on Friday as risk sentiment improved on stimulus and recovery hopes, closing USD mixed for the week.
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This week was a rare net positive one for USD, possibly supported by better-than-expected U.S. business sentiment data & net positive economic updates.
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USD took the crown this week, likely a reaction to growing fears of another pandemic wave, & possibly on rising expectations of Fed tightening next year as U.S. economic conditions improve.
Read MoreHow do we know when to cut losses and when to continue riding our wins? You must know yourself.Larry Hite