Gaining a fundamental understanding of the U.S. economy is a critical part of being prepared fundamentally for forex trading. The U.S. economy is still the largest developed economy in the world, and therefore the U.S. dollar reflects this importance. Much of the world’s trade is denominated in dollars, and global reserves of central banks[…]
Exploiting Information About Economic Growth. Interest rate and inflation levels are the main ingredients of forex price movements, and economic growth data follows closely in shaping the currency flows. Countries that are experiencing economic growth generate more jobs in their economy. Consumer spending therefore increases. In turn, the demand for housing increases as people have[…]
It’s highly possible to earn sustainable profits trading forex. I have been doing it for over 10 years. But it’s also possible to lose money trading forex. In fact the very best traders do both regularly. Losing money in a trade is just part of trading. The trick comes in developing the skill set[…]
The Role of Inflation – Inflation is in many ways the elusive enemy of central banks throughout the world. Much progress has been made over the decades. In the period of 1973 through 1987, inflation levels in industrialized countries were near the 7.5 percent range. A decade later, in 1989, inflation levels ranged at the[…]
