Markets can be very volatile during news releases, therefore trading during these periods requires special expertise. The market reaction varies with the type of release and can present an opportunity to make money from the market. Trading forex during news releases can be tricky and is even banned by some brokers. In this post, I…
Fundamental analysis is the type of forex analysis that involves the examination of the true(intrinsic) value of an asset. It involves the evaluation of a nation’s economic data. Economic data for use in fundamental analysis is presented as economic indicators. Types of economic data are the gross domestic product, consumer price index, and interest rates….
Central banks are the apex banks of their respective countries. The function of central banks is crucial to the sustenance of the nation’s economy. In line with this, the role of central banks in the forex market cannot be underplayed. Examples of central banks are the Reserve Bank of Australia, Bank of England, and the…
The GDP and currency strength are closely related, with changes in a nation’s GDP directly or indirectly affecting its currency strength. In this post,the relationship between the two will be examined. What is GDP? The gross domestic product or GDP of a nation is a measurement of the monetary value of its total economic output….
Inflation is one of the factors that have an impact on a nation’s economy. Therefore, inflation has an effect on the value of a nation’s currency. In this post we will be examining what correlations exist between inflation and the forex market. What is Inflation? Inflation refers to the increase in the price of goods…
Unemployment can be defined as the state of being without a reliable source of income. This state is never desired by anyone. The unemployment rate is the percentage of unemployed workers in the labor force. The unemployment rate is the economic indicator used for measuring unemployment. Unemployment and currency strength have an indirect relationship. People…
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
No products in the cart.
