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
Account Analysis
1. In the field of cost account, it is a way of an accountant to measure and analyze the cost behavior of a company. The process includes examining ...
National Bureau of Economic Research - NBER
NBER is a private, non-profit, non-partisan research organization which main purpose is to promote better understanding of how the economy works. I ...
Covariance
Measure of the degree in which returns on two assets moving in tandem. A positive covariance signals the asset returns glide together. Conversely, ...
Open Rotation
Open rotation is when an order remains active through the opening trading rotation of the day. All open rotation orders that are not filled during ...
Unencumbered
Unencumbered is an asset or property that is clear of or free from any encumberances, such as liens and creditor claims.
POPULAR ARTICLE
SEE FOREX TUTORIAL
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
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 ...
Ethical Investing: Niche Investment Style
Over the past two years, sustainable, responsible, and impact investing (SRI) has grown significantly in the United States. Based on the US SIF Fou ...
An Introduction to MetaTrader 4 and MetaTrader 5
Metatrader 4 (MT4)
Metatrader 4 (MT4) is a prominent trading platform among online brokerage firms developed by MetaQuot ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:01 | Rightmove House Prices | Jun | |
| 01:50 | Trade Balance | May | |
| 10:00 | Trade Balance | Apr | |
| 12:00 | Bundesbank Monthly Report | ||
| 16:00 | NAHB Housing Market Index | Jun | |
| 16:30 | Leading Index (Conference Board) | Apr | |
| 19:00 | BOC Deputy Governor Lynn Patterson Speaks | ||
| 19:00 | FOMC Member Raphael W. Bostic Speaks | ||
| 21:00 | ECB President Mario Draghi Speaks |
