The energy sector plays an important role in the financial market. Today, energy products like crude oil, natural gas, and heating oil are some of the most heavily traded assets in the market. To make informed decisions, traders and investors use data from several important organizations like the Organization of Petroleum Exporting Countries (OPEC), Energy Information … [Read more...] about IEA Reports Forex Traders Should Monitor
Fundamental Analysis
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Fed Tapering Policy Explanation and Possible Outcomes in 2022
Central banks, such as the Federal Reserve of the United States (Fed), have a wide range of powers to control the economy's health. One of them is buying asset-backed securities to help the economy recover. When central banks purchase assets from their member banks, money is returned to the economy. Quantitative easing (QE) is the practice of buying assets while keeping … [Read more...] about Fed Tapering Policy Explanation and Possible Outcomes in 2022
Fixed vs. Floating Exchange Rate
A floating exchange rate is a free-market exchange rate whereby the market price for a country's currency is determined by the demand and supply forces. In this case, there are no third-party influences such as government interference or trade restrictions that can interfere with the rate. In contrast, a fixed exchange rate is an FX rate determined by a country's monetary … [Read more...] about Fixed vs. Floating Exchange Rate
The 3 Most Impactful US Economic Indicators for Forex Fundamental Analysis
Thomas Wolfe, the legendary novelist, once said America is a place where miracles not only happen but occur all the time. Whether you love the country or not, it’s hard to argue against America as a powerhouse in most things; foreign exchange is no exception. Traders can feel the US dollar’s influence in other currency markets. The majority of forex transactions are … [Read more...] about The 3 Most Impactful US Economic Indicators for Forex Fundamental Analysis
Know Sure Thing Indicator Guide
Know Sure Thing, popularly known as the KST, is a momentum oscillator that Martin Pring developed in the early 1990s. Advanced traders widely use the indicator to find bullish and bearish entry levels for an asset. Let’s look at the Know Sure Thing indicator, its differences from the MACD, and how you can use it well in the market. What is the Know Sure Thing … [Read more...] about Know Sure Thing Indicator Guide