FLOATING EXCHANGE RATE
A system where the value of a currency is solely determined by the relationship of market forces of demand and supply, instead of by government intervention.
POPULAR TERMS
403(b
A document that provides information for individuals with 403(b) retirement plan. Published by the Internal Revenue Service (IRS), it indicates who ...
Pay Yourself First
This phrase is used referring to the idea that investors must automatically and regularly put money to their savings before spending on anything el ...
Risk Graph
A graph showing the possibility of profits or losses of a given investment. The x-axis represents the underlying security’s price and the y-a ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
Bond Ratio
Financial ratio representing the leverage of a bond user. It expresses the percentage of a firm’s capitalization, which is the total amount o ...
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SEE FOREX TUTORIAL
Macroeconomics: Basic Concepts
The concepts involved in macroeconomics focus on three fields, including national output and income, unemployment, and inflation and deflation. The ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Dec | |
| 02:30 | Retail Sales | Nov | |
| 03:30 | CPI | Dec | |
| 03:30 | PPI | Dec | |
| 11:30 | Sentix Investor Confidence | Jan | |
| 15:15 | Housing Starts | Dec | |
| 16:00 | MPC Member Silvana Tenreyro Speaks | ||
| 17:30 | Overview of business prospects, according to the Bank of Canada | 4 quarter | |
| 17:30 | Bank of Canada Interest Rate Decision | 4 quarter |
