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 [...]
The origins of forex trading go back many centuries. Forex trading began in the time of the Babylonians. This system is designed for currencies and exchange. In the early days, goods were traded for another tangible commodity. When the Metal Age began, gold and silver became instruments of exchange. As gold became an important trading [...]
Forex trading is considered to be one of the most thrilling financial activities. There are virtually no limits to your earnings. Investing and trading are two words that fascinate everyone. They both imply pleasure and money combined. However, it can also be referred to as a business activity. If you have been trading for quite [...]
Stock trading and foreign exchange or “forex” trading, are similar in that they depend on taking advantage of constantly changing prices – but that’s where the similarities largely end. Understanding the differences between forex and stock trading can help you to decide whether one type of trading may be more suitable to your goals and style [...]