A forex quote is the relative value of a forex unit against the unit of another currency in the foreign exchange market. An online forex quote is simply a forex quote that is live online. The online forex quotes makes it easier for money to be changed from one currency to another at the right rate. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results. Forex strategy on the hourly charts video. Premier forex trading news site. Founded in 2008, ForexLive.com is the premier forex trading news site offering interesting commentary, opinion and analysis for true FX trading professionals. Event: GfK Consumer Confidence Survey Period: Nov Previous Reading: -10 Forecast: -11 Actual Reading: -13 Consumer Confidence measures the level of confidence households have in economic performance. Generally rising consumer confidence acts as a precursor to higher consumer expenditures which drive economic expansion. The report also breaks down results into parts of the economy, giving a detailed picture of the consumer climate in Great Britain. GfK Consumer Confidence is one of the most closely watched surveys. The survey results are quantified into index where 0 represents long term Consumer Confidence averages. The headline figure is expressed in percentage change. Brokaw forex reviews. On a global basis, the indicator is very important for the economy, as it reflects consumers sentiments which formed the major portion of Great Britain GDP. The survey is conducted monthly by GfK, a market research organization, on behalf of the EU commission. Event: RBNZ Governor Adrian Orr Speaks Period: Previous Reading: Forecast: Actual Reading: Adrian Orr will be the Governor of the Reserve Bank of New Zealand from March 2018. The Reserve Bank uses monetary policy to maintain price stability as defined in the Policy Targets Agreement (PTA). The current PTA requires the Bank to keep inflation between 1 and 3 percent on average over the medium term. The Bank implements monetary policy by setting the Official Cash Rate (OCR), which is reviewed eight times a year. Event: PMI Manufacturing Period: Nov Previous Reading: 50.2 Forecast: 50.2 Actual Reading: 50.0 A monthly gauge of manufacturing activity and future outlook. The CIPS PMI is comparable to the US ISM survey, similarly based on the opinions of executives in manufacturing companies. Institutional Order Flow In The Forex MarketPurchasing managers are tasked with gauging future demand, and adjusting orders for materials accordingly. The PMI summarizes the opinions of these executives to give a picture of the future of the manufacturing sector. A higher PMI indicates that materials purchases are increasing and that the economic outlook is positive. Alternately, a lower PMI means orders for materials are down and the future outlook is less favorable. By nature, the figure is very sensitive to the business cycle and tends to match growth or decline in the economy as a whole. The PMI is presented as an index with a value between 1-100. Event: Housing Starts Period: Oct Previous Reading: 0.943M; -1.5% Forecast: 0.941M; 0.4% Actual Reading: 0.950M; 0.3% The Housing Starts figure reflects the rate of growth in housing construction.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |