Whether you like to read newspapers, watch TV news shows, or listen to the radio, economic news is something that you should keep tabs on. From the government shutdown in Washington, DC to the slowdown of China’s economy, you can get an update on the latest news from the world’s […]
How to Trade Crypto-Pairs
Cryptocurrency has been gaining momentum in recent years. Initially, most people thought of it as a way to invest in stocks or bonds, but as more businesses and individuals begin accepting it as payment, its use as a form of currency is becoming more widespread. Some major retailers, such as […]
What Determines FOREX Exchange Rates?
Forex is a market where one currency can be exchanged for another currency. These currencies are typically national, though they may also be sub-national, as in Hong Kong, or supra-national, as in the euro. A currency’s exchange rate is the rate at which its value changes from one unit to […]
How Economic News Affects the Currency Markets
Economic news is an important source of information for currency traders. It can influence risk-on and risk-off trading. For example, news about the stock market can boost or lower prices. Political turmoil or treaty negotiations can also affect markets. In addition to economic data, general news can affect the price […]
How to Trade Crypto-Pairs
Cryptocurrency is a type of digital money, which is decentralized and available to all users. It was first introduced as Bitcoin in 2008, but other cryptocurrencies have followed suit, including Ethereum. These cryptocurrencies are designed to operate like a bank but without the need for a central bank or middleman. […]
How Economic News Affects the Forex Market
If you’re an investor, it’s important to stay up-to-date on the latest economic news. You should keep an eye on the latest figures and indicators, including consumer spending, inflation, and unemployment rates. The latest economic news can also help you decide how to invest your money. Here are some highlights […]
How FOREX Exchange Rates Affect Currency Investing
Currency exchange rates show the value of one currency relative to another. For example, if the GBP/USD exchange rate is 2.00, that means one pound would buy two U.S. dollars. The US dollar is the most common reference currency, so most exchange rates are quoted against it. But other currencies […]
Five Economic News Releases That Are Important to Forex Traders and Investors
Economic news is important for making investment decisions. It provides an updated picture of the current state of the economy, including changes in interest rates and retail sales. It also covers a variety of events that impact national and continental markets. The following are five economic news releases that are […]
How to Trade Crypto-Pairs
Before investing in cryptocurrency, it is important to learn as much as you can about it. It is a volatile market with sharp price swings. Read independent articles and currency websites to learn more about it. It is important to use a secure wallet to store your cryptocurrency. This can […]
Understanding FOREX Exchange Rates
Foreign currency exchange rates are based on the demand for one currency over another. They can fluctuate in response to economic and geopolitical announcements. A multi-national company selling goods and services in different countries will often need to exchange currency. Examples of common exchange rate changes include interest rate changes, […]