There are three primary domestic drivers of currency and four main global drivers. Although the drivers are somewhat interrelated, yet they are unique and deserve discussion one by one. To understand how some of the factors interrelate, you can check out the figure below. From the image, you can get an idea of the interplay and relationships between domestic and global … [Read more...] about Forex Fundamentals: Domestic vs Global Drivers
Fundamental Analysis
Learn how to trade events
Top 6 Fundamental Indicators To Watch In Forex For Better Trading
Fundamental analysis is a holistic strategy whereby traders and automated trading systems look at the forex market by analyzing economic, social, and geopolitical news. This form of analysis entails assessing the economic well-being of a country that many at times, influence the strength of the native currency. Conversely, traders and forex robots assess … [Read more...] about Top 6 Fundamental Indicators To Watch In Forex For Better Trading
Guide to Using Economic Calendar in Forex Trading
Forex traders are the most current in terms of the goings-on in the global economy. Their attention to detail is impeccable because their money counts on it. To be sure, good forex traders conduct thorough market research to ensure that whatever decisions they make rely on facts. Thorough market research ensures that trading decisions are devoid of the influence of human … [Read more...] about Guide to Using Economic Calendar in Forex Trading
Michigan Consumer Sentiment – How to trade the MCSI in Forex
The University of Michigan Consumer Sentiment index is one of the most followed sentiment surveys around the world, and it affects Forex pairs. Although it covers the United States consumer sphere only, it has a global impact as the US is the leading economy on the planet. Traders around the globe look at it for insights about how the country is doing and how it interacts … [Read more...] about Michigan Consumer Sentiment – How to trade the MCSI in Forex
Consumer Confidence: How to trade the Conference Board CCI in Forex
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
