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Random article: Consumer Credit
Consumer credit means using of credit system through personal borrowing, credit and payment cards, credit lines or payment by installment. There are various purposes of credit: the credit for personal needs (for example, a car) or buying cards via credit card as the most part of the US citizens do. In general, the USA is the country, where crediting took entered such a level that people can barely do without it. People like “living on credit”, thereby satisfying their need of material comfort. Such thing as “credit history” in the USA is not just a credit history of some citizen, but a statistical profile describing man's solvency, financial biography, which reaches not only traditional banks. It enables finance entities to define acceptable amount of credit and conditions provided to a borrower.
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Popular article: Forex traders’ psychology: buyers and sellers
Forex market has its driving forces. Such forces are participants of market. For clarity, it is accepted to divide them into several types: bulls, bears, pigs, rabbits, hogs, lambs. In this zoo, driving forces are exactly bulls and bears. Their clear intentions and determination can greatly influence currency rates. This terminology was adopted from stock market, where emotions play not the last role in movement of quotes, thus, analogy with animals and their typical behaviour provides a clear idea on psychology of market participant.
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Forex encyclopedia
Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!
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