Forex encyclopedia

Random article: Construction Spending
This economic indicator is represented as the ratio to the value for the previous period, or as absolute value of construction spending for the chosen period of time. This value is closely related to the change of major interest rates, because a large part of construction is financed at the expense of bank credits. Due to the peculiarities of real estate sphere, value of the indicator is subject to serious season fluctuations. Construction spending is directly connected with wealth of population. Therefore, growth in housing construction tells about economic upsurge and growth of income of population. Indicator does not impact on the market a lot. But as a rule, its growth is accompanied with consolidation of national currency and testifies about positive economic dynamic.
Popular article: Relative Vigor Index
Relative Vigor Index (RVI) – is an oscillator used for technical analysis in Forex. An author of this index is John Enlers known for application of cycles in technical analysis of the market. The first time RVI indicator was mentioned in Stocks and Commodities magazine in 2002. In this article author says that during growth close price of bar is higher than open price and the opposite tendency was observed by him in descending market. RVI index is built on the basis of this statement.
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