Forex traders use two major employment statistics – the Employment Cost Index (ECI) and the Employment Situation Report (also known as Labor Report) – as long-term currency predictors.
Fundamental analysis studies the impact of economic, political and social factors on supply and demand. From this perspective capital flows and trade flows are considered the basic drivers
The GBP/AUD (Great British Pound/Australian Dollar) is the relation of the Great British Pound against the Australian Dollar. The GBP/AUD cross currency gives one the possibility to convert
There are several economic indicators pertaining to every industry that forex investors should be well aware about. They are as follows: Industrial Production This indicator measures the total
The CHF/JPY (Swiss Franc/Japanese Yen) is the relation of the Swiss Franc against the Japanese Yen. The CHF/JPY cross currency gives one the possibility to convert Swiss Franc’s
Consumer spending economic indicators are important to forex market traders because they indicate the consumer demand levels as well as their sentiments. Both of them provide the initial
The EUR/CHF currency cross (Euro/Swiss Franc) is the relation of the Euro against the Swiss Franc. The EUR/CHF cross-currency gives one the possibility to convert euros directly into
The EUR/JPY currency cross (Euro/Japanese Yen) is the relation of the Euro against the Japanese Yen. The EUR/JPY is quite volatile and can easily move 150-250 pips in
The CAD/CHF (Canadian Dollar/Swiss Franc) is the relation of the Canadian Dollar against the Swiss Franc. The CAD/CHF cross currency gives one the possibility to convert Canadian Dollar’s
The NZD/USD (New Zealand dollar/US dollar) is the relation of the New Zealand dollar against the US dollar. The NZD is the official currency of New Zealand. There’s
The GBP/NZD (Great British Pound/New Zealand dollar) is the relation of the Pound (Sterling) against the New Zealand dollar. The GBP/NZD cross currency gives one the possibility to
Purchasing Power Parity (PPP) represents a fundamental factor that is a driver of the movement of a currency on the forex market. PPP states that there is a relationship
The levels of inflation that are experienced within a particular country are of a high interest to forex traders. The reason for this is that the major tools
The five most important forex economic events affecting the Japanese Yen. 1. TANKAN What does it mean? The most important survey of corporate sentiment in Japan. Release schedule:
The AUD/CAD currency cross (Australian Dollar/Canadian Dollar) is the relation of the Aud against the Cad. The AUD/CAD cross currency gives one the possibility to convert Australian Dollar’s
According to the modern theories that elaborate on short-term exchange rate volatility, the international capability and the supply and demand of financial assets determine the divergence between the
The EUR/AUD currency cross (Euro/Australian Dollar) is the relation of the Euro against the Australian Dollar. The EUR/AUD cross currency gives one the possibility to convert euro’s directly
Economic indicators can be divided into three categories: leading, lagging, and coincident. Leading economic indicators Leading economic indicators change before the actual changes in the economy. They are
There are several theories behind the determination of foreign exchange rates. One of them is the Purchasing Power Parity (PPP) approach. According to this theory the price of a good
The five most important forex economic events affecting the US Dollar. 1. Non-Farm Payrolls (NFP) What does it mean? A component of the Bureau of Labor Statistics Employment
