Understanding FOREX Exchange Rates

If you’ve never heard of FOREX, you might be wondering how currencies are translated. There are many different sources of information on the currency exchange market. The currency rate table, for example, provides a wealth of information, including the current price trends and oversold/overbought conditions. There are many reasons to […]

How to Trade Crypto-Pairs

The advantages of cryptocurrency are many. First of all, it is decentralized, meaning nobody owns or regulates it. As a result, the value of a particular cryptocurrency cannot be dictated by the whims of any one country or central bank. Secondly, because cryptocurrencies are decentralized, their value is not subject […]

How Forex News Affects the Financial Markets

On Friday, the U.S. Bureau of Labor Statistics released its nonfarm payrolls data (NFP). This data is important because it will affect all currency pairs that involve the U.S. Dollar. Higher NFP forecast will be bullish for the U.S. Dollar, but will be bearish for EUR/USD, USD/JPY, and other currency […]

5 Economic News Releases to Keep Your Eyes on This Friday

The first Friday of every month marks the release of nonfarm payrolls (NFP), a report that affects all currency pairs that use the U.S. Dollar as their de facto reserve currency. If the number comes in above expectations, it is bullish news for the U.S. Dollar. A higher forecast is […]

The Importance of FOREX Exchange Rates

A FOREX exchange rate represents the relationship between two currencies. It shows how much of one currency you need to purchase one unit of another. Currently, most currencies on the Forex are traded against the US dollar. The other four most common currencies are the British pound sterling, Euro, JPY, […]

Things to Know Before You Trade Crypto-Pairs

Before you start buying your first crypto, there are some things to know. You must be aware of the risks and benefits of cryptocurrency. It is important to understand how the technology works and how to invest in it. A cryptocurrency is nothing more than a digital currency. A successful […]

5 Forex News Releases You Should Be Aware Of

If you want to learn about the global economy, economic news is an important part of your financial strategy. The news about economic indicators is not just limited to the stock market, but also includes such things as the Purchasing Managers’ Index, Housing Starts, and the Capacity Utilization Rate. In […]

How to Trade Crypto-Pairs

When you think about cryptocurrencies, you might think of a stock portfolio or a traditional investment vehicle. However, there are several differences between cryptos and stock portfolios. Cryptocurrency is a digital currency that is decentralized and has no central authority. Unlike stock or bond investments, it is decentralized and does […]

How Economic News Affects Forex News

A recent study investigated the impact of economic news on the U.S. dollar against the euro. In addition to the usual macroeconomic news, this research also examined the coverage of inflation and unemployment rates. The study covered two major recessions, two severe bursts of inflation, and three presidential elections. Many […]

Understanding FOREX Exchange Rates

The exchange rate of one currency for another is known as the FOREX. The official exchange rate is different from the autonomous FX market. It determines how much one currency is worth in terms of another. The official exchange rate is determined by the open market demand. A conversion factor […]