In 1913 the USA government passed a law, according to which a new Federal Fund becomes an effective central financial support system. The main reason to create such a fund was the need to stop counteraction between responsible banks and set a Federal Funds rate chart. Functions of the Fed

When Using Interest Rates to Predict Currencies Will Not Work Despite the giant range of scenarios in which this approach for forecasting currency moves works, it is virtually now not the Holy Grail to making money in the forex markets. There are a quantity of scenarios in which this method might also fail: Impatience As indicated in the examples above, these relationships foster a long-term strategy. The bottoming out of currencies may now not

Forex tends to be an attractive financial issue, but out of reach for many. About why? Then you don’t really hear anything about it or the stories of many people who actually use it effectively to make money unless you move in some financial circles. While there has been a

The Forex world has a well-known statistic being passed around and there is a fair chance that you have come across it, probably many times. Basically, it says that ‘95% of traders in Forex lose money.’ This assertion may be a bit of a demotivator for traders who are following

A virtual private server (“VPS”) is a form of web hosting, which uses data center facilities to allow businesses to locate physical hardware to provide a direct ISP connection, with Forex VPS data centers or professional computer-server facilities providing the ability for trading entities to host their trading software for

Over the past several decades, rapidly evolving technologies have fundamentally changed the way business is conducted on the forex market. In the place of the discretionary trader, systems based on automation, algorithms and early forms of artificial intelligence have become popular among market participants. The rise of automation in the

Non-Farm Payrolls (NFP) measures the amount of jobs gained in the U.S. during the previous month that aren’t farm related. It is typically released on the first Friday of the new month, and also includes the Unemployment Rate, Average Hourly Earnings, and the Participation Rate. While all of those releases

Most traders will say that they are purely technical traders and then use that as an excuse to avoid following fundamentals. Such ignorance can be expensive. Forex traders who know how to follow the smart money and understand how to read the clues the markets and the professional market participants

Drawdown in forex is the difference between the account balance and the equity or is referred to as the peak to trough difference in equity. As one might know, the equity balance changes based on the open position’s P/L. When the equity balance drops below the account balance (i.e. when

A forex economic calendar lists all the scheduled data releases with the potential to impact the international financial markets. These announcements can range from elections or changes in a company’s liquidity to GDP and interest rate decisions. Each week, there are economic events of which every forex trader should make