Forex encyclopedia

Every day more and more people willing to earn come to the Forex market. But unfortunately a few of them realize that earning on the Forex without experience and at least basic knowledge is a dead-end track. Until the time of getting abundant profit comes and trader may be called successful, one needs to make efforts to acquire theory and subtle of the Forex market. According to statistics, novices always make mistakes and step on a rake in the same way their predecessors did.
This economic index is measured for wages and unemployment benefits in the USA. It can tell about occurrence of inflation processes in the state economy. FRS closely watches this indicator and based on its value adjusts its financial policy, which confirms its high significance. The Index is published quarterly, at 20-s, at 08:30 a.m EST (New York). Published data is used for middle- and long-term forecast. Rise in index in the period of expectations of growing major interest rates leads to consolidation of national currency.
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Bretton Woods Agreement and Gold Standard
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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