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Tag: powell

Inflation in Forex
admin September 2, 2024 No Comments

Inflation and Types of Inflation. What is Inflation?

Inflation and Types of Inflation. Definition and Effects of Inflation Definition and Effects of Inflation Inflation refers to an increase in general price levels, which leads to a decrease in the purchasing power of the currency over time. This increase in prices means that more money has to be spent on goods and services. The […]

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Economic Data in Forex
admin July 31, 2024 No Comments

Importance of Economic Data in Forex Trading. Start Trading

Importance of Economic Data in Forex Trading. Why is Forex Affected by Economic Data? FED, PMI etc… Because the data shows the general functioning of the economy, its upside potential, the functioning of inflation, unemployment and the direction of central bank policy. Some data in economic calendar that affects the Forex market are: 1-) Interest […]

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