The Federal Open Market Committee (FOMC) shapes the United States economy and the global economic landscape. By making decisions on interest rates and monetary policy, the FOMC has far-reaching implications within Forex trading. In this article, we will explore the importance of the FOMC. The FOMC is the entity for making monetary policy decisions within …
Basic Education
The Consumer Price Index (CPI) is a tool used to track changes in the prices of consumer goods, which in turn helps measure the inflation rate of an economy. The CPI holds value in the finance community as it offers valuable insights into short-term and long-term market impacts. Generally, the CPI is determined by considering …
Forex trading has become very popular as it offers the usage of leverage. This means that we can borrow money to trade larger positions in currency, so we are only required to put up a small amount of money (known as margin) to control a much larger amount of money for trade. This allows traders …
You have probably heard of the terms pips, points, pipettes, lots, etc. in forex, right? These terms have an important role in forex trading and every trader is required to have a great understanding of them. Feeling comfortable with pip values and calculating profit and loss using them is a must-have achievement. We are going …
No doubt you have heard of the fancy word ‘Forex’ before, right? What was your first thought about it, have you ever wondered how it works? We are here to give you the proper view and approach on what Forex Trading is and how you can get involved. Our website is the Forex Education 101 …