The Main Economic Indicators

The economic indicators are published in the calendar immediately after being announced (the Actual value), but you could also see the previous value (Previous), as well as the value expected by the analysts (Forecast) The Column Impact indicates the degree of novelty for the news. Considering the color of the icon, it could be important news (Red), medium news (Orange) or reduced importance news (Yellow). It is recommended to use it especially at the beginning of the week. Take notes about all the important events, identify the dynamics, and follow the evolution of the...

Who Trades on Forex?

All the participants have access to the same price in any given moment in any corner of the world. The most important participants are the central and the commercial banks, the investment and the hedge funds, private companies, governments and individual investors. The central banks, such as the FED or the Central European Bank (ECB) have an important role on this market. They are serving the national interests while controlling the monetary fluxes, the inflation, and the exchange rates. When a central bank buys or sells currencies, it means it has to stabilize the course....

What is Forex?

The international currency trading market, also known as Forex is the place where the international currencies are exchanged. Forex is the biggest and most liquid financial market in the world, with more than 4000 billion dollars exchanged every day, and the numbers are still growing. A liquid market is the one where all the participants could execute transactions with a high volume and a reduced impact over the prices. The players could easily get in and out of the transactions, and we could say that liquidity is the most important attraction for the investors. You can...