The Indian rupee (INR) is considered to be an exotic currency in the Forex market. India is the world’s fourth...
Read moreThe euro (EUR) is the official currency of the countries that make up the euro area, or Eurozone. This is...
Read moreThe Chinese yuan (CNY) is considered to be an exotic currency in the Forex market. The most important thing you need...
Read moreThe British pound (GBP) is considered to be a major currency in the Forex market. Because the British and European...
Read moreThe Australian dollar (AUD) is considered to be a major currency in the Forex market. It is also one of...
Read moreThe Japanese yen (JPY) is considered to be a major currency in the Forex market. Japan has had chronically low interest...
Read moreRetail sales announcements report on how much money individual consumers are spending on retail goods. This is where the rubber...
Read moreManufacturing announcements report on how much manufacturing activity is taking place within an economy. Manufacturing is one of the most...
Read moreThe interest-rate announcement specifies the short-term target rate that the central bank will try to maintain in the future. Interest...
Read moreHousing announcements report on how healthy the housing sector of the economy is. Because such a large amount of the...
Read moreEmployment announcements report on the number of new jobs that have been created in an economy and the percentage of...
Read moreInflation announcements report on how quickly or slowly the general price level in the economy is rising. Monitoring inflation is...
Read moreThis concept of a currency getting stronger when the country has trade surplus and getting weaker when it has a trade deficit...
Read moreForex traders keep a close watch on the economic calendar because they know that economic announcements provide the data that analysts and...
Read moreEconomic growth announcements report on how well a country’s economy is doing. Economies can move in one of three directions:...
Read moreTrade balance announcements report on how much a country is exporting compared to how much it is importing. Countries that...
Read moreConsumer confidence announcements report on how confident the consumers within an economy are. Confident consumers tend to spend more because...
Read moreBusiness confidence announcements report on how confident the business managers within an economy are. Confident business managers tend to hire...
Read moreWhy do we care what goods or services a country imports? We care because if we know the primary goods and...
Read moreWhy do we care about a country’s central bank, its mandates, and its gold and foreign currency reserve holdings? We care...
Read moreInvestment flows represent the money that flows from one country to another as a result of the purchase or sale of assets...
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© 2023 Prof FX - Make Money With Your Brain.