Saturday, September 22, 2018
Page 54
The economic health of a country or region greatly affects how forex market participants assign value to the country's currency. Forex traders pay close attention to economic announcements since these data sets can help provide clues about a country's...
Forex traders mainly use two types of analysis in order to determine future movements in the currency market. Fundamental analysis looks at economic announcements in order to deduce the health of a country's or region's economy. Alternatively, technical analysis...
How would your boss react if it took nearly 10 years for you to complete one of your work assignments? Okay, forget about completing it, just imagine taking 10 years to get to the best part of an assignment. Chances...
There are many types of participants in the forex market. Each type of participant has its own purposes for entering the currency exchange markets. It is essential for traders and investors to understand the motivations underlying decisions made by...
After the end of the Bretton Woods system, there was a need for a new foreign exchange system to be adopted in order to enable international exchange of currencies. The Jamaica agreement of 1976 officially ratified a floating exchange...
Even though I had already been forming crude letters with my arms for years whenever Village People started thumping out of the speakers at the skating rink, I didn’t actually realize that the YMCA was anything more than a...
The current forex market is a sophisticated global system powered by the latest in computer technologies and networks. Money is usually not literally printed, but instead is created digitally via cyberspace and computers. However, there was a time when...
War can have disastrous effects on a population. This is not only apparent in the amount of death and human suffering. War can also be devastating to economies. Towards the end of World War II governments around the world...
The forex market is ultimately about making money. Not only does this include traders making money but the forex market makers also need to make money. The forex market makers are the firms which facilitate and provide a platform...
Many in the finance industry as well as everyday people may have given some thought to trading forex for financial gain. However, it is important for people to understand the benefits and risks of trading forex. Also, understanding the...