Forex encyclopedia

Random article: Forex spot gold trading
There is a common misrepresentation that Forex market solely implies currency trading. But along with currency pairs, you can benefit from spot gold trading. Gold has been widely used on markets for a very long time and have not lost its value. First of all, spot gold trading is valuable, because there are not abrupt changes of price. New York and London exchanges are the leading platforms for trading with gold. At the same time, on Forex currency market you can trade spot gold without geographical limitations.
Popular 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.
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