The Importance of Economics and Finance News for Forex Traders

Economic news is the most important part of the financial market and is a major component of any trading strategy. The economic indicators, such as interest rates and inflation, affect all of the world’s financial markets. Likewise, economic announcements, such as the unemployment rate, retail sales, and the Reserve Bank […]

How to Trade Crypto-Pairs

Bitcoin, the most popular cryptocurrency, is one of the most popular forms of digital money. It is decentralized, which means that it is not controlled by any country or single entity. Instead, it is managed by a community of volunteers who validate and secure transactions. The global financial system has […]

5 Forex News Releases That You Should Follow

If you’re interested in the latest financial market trends, you should be aware of economic news. It includes information on the latest unemployment and inflation numbers, job growth, interest rates, and the Federal Reserve. Keeping up with current news is also crucial for investors, as it helps them make better […]

What Are FOREX Exchange Rates and How Do They Work?

What are FOREX exchange rates? They are the exchange rate for one currency against another country’s currency. There are two different types of FOREX exchange rates: fixed and floating. Here’s a brief history of both types of exchange rates, including the global exchange rate from 1870 to 1914 and the […]

How to Trade Crypto-Pairs

Despite its recent popularity, cryptocurrency is not for everyone. While it has its pros and cons, many people are still skeptical about its ability to protect their personal details. It’s important to note that the most well-known cryptocurrency is Bitcoin. This digital currency uses advanced coding to verify transactions and […]

5 Economic News Releases That Influence Forex News

When you’re analyzing financial markets, you can’t ignore economic news. There are many economic indicators that can affect global or national markets, from inflation to interest rates. From retail income to unemployment rates, economic indicators are constantly changing and impact market sentiment. These 5 economic news releases act as a […]

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 […]