Depending on the type of trade you’re involved in, FOREX exchange rates can be very important. They can be volatile and make or break your business. So you’ll want to be informed and prepared. Direct vs indirect FOREX exchange rates […]
Basically, a cryptocurrency is a digital currency that is designed to work as a medium of exchange in a computer network. It is also not reliant on any central authority. Utility Several cryptocurrency projects have been developed and launched as […]
During the last week of November, the US, UK and Japan saw a fall in their private sector activity for the first time in three months. In addition, Germany saw its business confidence rise more than expected and the central […]
Cryptocurrency is a form of digital currency that uses cryptography to secure transactions. Unlike traditional currencies, which are regulated by central banks, cryptocurrencies do not need to be issued by any government entity to function. They are also not directly […]
Economic news is important to the markets, and it can affect the price of a currency. You may not be able to predict the direction of the currency’s price movements, but by monitoring economic releases, you can determine when to […]
FOREX exchange rates are the prices of currencies being traded on the foreign exchange market. Usually, these rates are quoted against the USD (United States dollar). There are some exceptions, such as the Australian, New Zealand, and European currencies. In […]
Cryptocurrency is a digital currency that is decentralized and distributed. Unlike traditional currencies, these virtual currencies are not issued by a central authority and are therefore not backed by any government. They work on a network of computers and can […]
Economic news can be of great interest for currency traders because it provides insights into the state of the economy and its impact on currency value. News about inflation, unemployment, and GDP can be very informative, and they can help […]
The market reacts to economic news in many ways. Changes in interest rates, unemployment levels, retail sales and GDP will all impact prices. Economic announcements, such as these, are also important because they affect market sentiment. For instance, a change […]
Forex exchange rates are a way to compare the value of two currencies. One currency is called the base currency and the other is called the counter currency or quote currency. The exchange rate is expressed as a ratio, with […]