Cryptocurrency was born on the idea of decentralization; the idea that there should be no middleman in between two parties exchanging assets in a trustless manner. Instead of relying on the traditional buyers and sellers in a financial market, AMMs keep the DeFi ecosystem liquid 24/7 via liquidity pools. Automated Market Makers (AMMs) are entrants [...]
The Consumer Price Index (CPI) has the important role in forex trading. It is an important economic indicator and CPI affects not only foreign exchange but also interest rates and stock and bond prices. CPI shows the complete and true picture of inflation. Consistent rise in CPI promises the assured economic growth. Inflation consistent rises [...]
The currency of New Zealand is called the New Zealand dollar, sometimes referred to as the "kiwi". Kiwi is usually connected with New Zealand, and the $1 coin has a kiwi on it. It is the official currency of New Zealand. The coin was minted in 1967 and divided into 100 parts or cents. Prior [...]
The most-anticipated economic news reports in the Forex market are the Non-Farm Payrolls report. It is normally released once on the first Friday of every month and is an in-depth look at employment trends in the U.S. by U.S. Bureau of Labor Statistics. Understanding this data release can help to set up forex trades and [...]