Collection of Essential Guides for Forex and Stock Trading

People who are familiar with technical analysis and Forex trading in general, are highly likely to know the basics of mountain and candlestick charts, displaying the price movements of different currency pairs. However, one thing many market participants are not yet familiar with is the Renko charts. Just like the ordinary candlesticks and Heiken Ashi […]

The Big Mac index, also known as BMI was first introduced by the British financial magazine ‘Economist’, back in 1986. Since then the index has been updated for at least once per year. In fact for the last several years, the Economist is now publishing those reports with a 6 month intervals. As the name […]

Any trader with even a limited experience on the Forex market knows that some currencies are referred to as commodity currencies. The main reason behind this is the fact that some currencies in the Forex market are highly correlated with the prices of one or several commodities. One of the most obvious examples of this […]

According to the Wall Street Journal, the US prime rate is the base rate on corporate loans, published by at least 70% of the 10 largest banks in the United States. Generally speaking, as the name suggests, the prime rate also represents the interest rates at which the majority of US banks are lending money […]

Any trader who has some experience in the Forex market is very likely to come across so-called commodity currencies. Those types of currencies are usually highly influenced by the price movements of particular commodities. For example, the Australian dollar is usually tied to gold and silver prices. The main reason for this is the fact […]

When looking at Forex economic calendars one thing traders can notice is that the monetary policy meetings and decisions by the US Federal Reserve are usually marked with high expected volatility. This is actually quite accurate in the majority of cases. In fact, during those events, the currency pairs which include USD tend to become […]

Every individual who has some basic understanding of banking knows how term deposits and certificates of deposit work. The principle is very simple, a client deposits a lump sum of money at the bank for a specific term, generally ranging from 3 months to 5 years. In exchange for lending money to the bank in […]

When it comes to Forex trading, some market participants might have a hard time deciding whether they should limit their trading to only major currencies, or alternatively open some positions with exotic currencies as well. There are indeed some valid points from both sides of the argument. Therefore, for traders to make an informed decision, […]

Inflation is essentially defined as a sustained increase in the general price levels. It goes without saying that the absolute majority of currencies in the world experience different degrees of inflation. The average CPI for most major economies is around 2% to 3% range. While inflation in the emerging market economies can be considerably higher. […]

The consumer price index, also known as CPI, is one of the most popular measures of inflation. It calculates the overall changes in the price levels by comparing the price changes in the basket of goods and services during the last 12 months. Now, considering that the majority of central banks around the world are […]