Forex encyclopedia

Consumer confidence index (CCI) is the figure showing respond of consumers to current economic situation as well as their expectations or doubts in the future. This figure is used to monitor general conditions of the economy and forecasting employment tendencies. It is calculated since 1967. Monthly the New York-based Conference Board – non-profit research organization under the US Department of Trade and Commerce – surveys 5000 American families to find confidence level of citizens.
Because of an abundance of the information in the web, some traders may get confused about their choice of a Forex broker. Here are some tips for finding a credible Forex broker. Regulation: Forex brokers should be well regulated which means they will be managed by regulators and complaints of clients can addressed to a certain entity. Order execution : Good broker offers competitive and fast order execution. Find out how good execution of a broker is using test amount on a real account.
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