What is the FOMC? The Federal Reserve (Fed) is the most important central bank in the world because of the size of the American economy and the US dollar. The bank is responsible for setting the monetary policy in the US, supervising financial companies like banks, and ensuring the financial stability of the financial system. The Federal Open Market Commission (FOMC) is … [Read more...] about A Guide To FOMC Releases
Fundamental Analysis
Learn how to trade events
Tips To Effectively Trade News Releases In Forex
Preparation accompanies any news trading strategy, and this is something we cannot underestimate. Just like a sprinter can spend months preparing for a mere 10-sec 100m sprint, very similarly, a trader needs to prepare well in advance for a news event that has a short-lived impact. Some of these recommendations may appear small, but can play quite a significant … [Read more...] about Tips To Effectively Trade News Releases In Forex
Forex Market Analysis – Beyond The Charts
Pros and cons of technical analysis One of the biggest arguments to illustrate the cons of technical analysis is the widely-held belief of being a lagging indicator. The information traders get from this form of studying the markets is thought to be 'after the fact.' Technical analysis uses the premise that markets repeatedly move in a wide plethora of patterns. Because … [Read more...] about Forex Market Analysis – Beyond The Charts
Forex Fundamentals: Domestic vs Global Drivers
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
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
