When learning about financials, the first thing teachers tell you is that sentiment is everything in the economy. The second is that every economy is based on people; how they interact with each other and the products and services in the country or region. This figure is called consumer confidence, one of the most influential factors in the well-doing of a … [Read more...] about Consumer Confidence: How to trade the Conference Board CCI in Forex
Retail Sales: Learn how to trade this economic indicator in Forex
Retail sales are the heart of an economy. It represents how main street people are interacting with the commerce and industry of a country. Consequently, it provides Forex traders with considerable opportunities to catch some pips every month. Indeed, it happens in every single economy in the world, but today we are going to take the United States report as a sample. … [Read more...] about Retail Sales: Learn how to trade this economic indicator in Forex
Durable goods orders: How to trade in Forex
When it comes to talking about how to trade economic events in Forex, almost all traders and investors think about interest rates, inflation, and the famous nonfarm payrolls. However, the durable goods orders data has a significant value in the economic landscape of any country. Today, we are going to talk about durable goods orders, a well known economic report that due to … [Read more...] about Durable goods orders: How to trade in Forex
CPI: How Inflation Data Affects Currencies
The Consumer price index is a crucial element for the economy as inflation is an important topic that central banks try controlling. Prices can make central banks to raise or cut interest rates; it can also push currencies down or up, or even can make you feel that everything will be fine, or will go badly. With that in mind, traders around the world spend hours learning the … [Read more...] about CPI: How Inflation Data Affects Currencies
FXDD Review
FXDD is a well-known European forex broker which since 2002 has been providing financial services in the field of currency trading. The company positions itself as an experienced, technological and safe exchange intermediary, combining the best personnel team and impeccable customer service. Let's check that this is true: we will study the conditions and draw our … [Read more...] about FXDD Review