Forex encyclopedia

The indicator showing the number of work positions emerged for a month in the USA without account of farm positions is called Nonfarm Payrolls. Farming has too heavy season fluctuations, therefore, it was removed from structure of the present indicator to make the result smoother and more indicating. Payroll represents statement for accruing wages to American hired men. This information is submitted to the US Bureau of Labor Statistics which then published it in the monthly employment situation summary in the USA. This report is issued on the first Friday of each month, at 08:30 EST (New York). The information is collected by state agencies from more than 400 000 non-farm enterprises. It is almost 40% of all existing work positions in the country. This statistics includes new work places created in such branches as construction, transport, real estate, finance, mining industry, trade, services etc.
The Forex market has many advantages and today it is the largest financial market in the world. Million of traders all over the world choose the foreign currency market due to the opportunities it gives. For people who want to work from home, currency trading is the best choice and we are going to explain why. High liquidity. Forex operates with enormous money funds, therefore, a trader has 24 hours’ opportunity to open or close position of almost any volume at the current price. Forex daily returns on average amounts to more than 3 trillion Us dollars (according to the Bank for International Settlements). And these volumes continue to grow. Easy to access. Due to electronic trading technologies, almost everyone can trade on the Forex market if he or she has the Internet access. You can make trades easily now: trading from home, a cafe, an airport, a taxi or a hotel is an ordinary thing.
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