How PPI effect Forex Market?

PPI is a major economic data due to its signaling effect on future expected inflation. It reflects the change in the cost of products sold by various manufacturers and industries. It is therefore a precursor to underlying inflation and is closely watched by traders.  Forex Traders monitor PPI for the positive relationship between interest rates [...]

Phases of Trend trading and how to trade it

Trading with the trend is one of the safest ways of engaging the financial markets and a great strategy for maximizing profits. Many analysts use trend trading strategies as one of their primary approaches to the markets. In addition, before making a trade or issuing a signal, they always confirm which side of the trend they are [...]

Use of Currency Correlation in trading

In Forex trading, Correlations play a major role in trade. Forex trading happens from international currencies from various countries and the Currencies are issued by central banks. The value of a currency has a direct impact on an economy, a country's outlook, commodities, stock markets and people's spending behavior. At the same time, currencies are [...]