Tag: Economics

in length

Economics is the social science that studies the production, distribution, and consumption of goods and services. It focuses on how individuals, businesses, governments, and societies manage resources to satisfy their needs and wants. Through research, analysis, and teaching, economists explore topics such as how the global economy works and how best to allocate resources to maximize wealth, growth, and sustainability. With insights gained from Economics, organizations can improve their competitive advantage to succeed in their industry.

Financial

Top 3 Must-Reads for Financial Analyst

by Matthew M. LockettSeptember 12, 2023

1. Currency Trading For Dummies: This book provides a great overview for those looking to get into trading currencies. It covers topics from basics such as understanding currency pairs and Forex leverage to more complex topics such as spot and forward contracts, hedging, and technical analysis. It also contains helpful tips and advice from experienced professionals in the field to help readers better navigate the currency markets.

2. The Forex Trading Course: A Self-Study Guide to Becoming a Successful Currency Trader: With its clear-cut instructions and enormous amount of supporting information, this book can help even those who are new to Forex trading succeed. From basic concepts and terminology to more advanced topics such as risk management and technical analysis, this book has something for everyone.

3. Forex Patterns & Probabilities: Trading Strategies for Trending & Range-Bound Markets: This book delves into the topics of trend and range-bound strategies, demonstrating how to recognize market direction and calculate the most probable outcomes in different scenarios. The book also focuses on probability and risk management, which are critical elements of successful trading. With lots of practical examples and real-world scenarios, this book is an excellent starting point for any serious Forex trader.

Forex Trading Strategies

Forex News Today: All the Latest Market Developments

by Lena K. BradleySeptember 5, 2023

Today, the Forex market is more active than ever, with news and economic reports coming out around the world that have a direct effect on the currency markets. From the changes in central bank policy decisions to the evolution of politics around the world, the Forex market is full of exciting and often lucrative opportunities for traders. It can also be a very difficult market to navigate as currencies can be very volatile, so keeping up to date on the latest news is important if you want to be successful. One of the best ways to stay up to date on Forex news is to subscribe to reputable Forex newsletters and to keep up with the current events that could cause changes in the exchange rate. By doing this, you’ll have the latest news and insights you need to make the best trades.

Ratio

Understanding US Debt to GDP Ratio in Forex Trading

by Nicole KnightSeptember 4, 2023

The US debt-to-GDP ratio is a key indicator of the national debt relative to the size of the economy as a whole. It is used by investors, economists, and policy makers to assess the government’s ability to service its debt. The US debt-to-GDP ratio is currently at its highest level in history and is a key measure of risk when trading in the foreign exchange market. With the US debt continuing to rise, investors need to be cognizant of their potential exposure in the Forex market.

Savings

What Is Capital Gains Tax? An Academic Guide

by Penny GrimesSeptember 4, 2023

Capital Gains Tax (CGT) is a tax levied by governments on profits that are generated through the sale of assets such as stocks, real estate, and Forex investments. The amount of tax paid on capital gains depends on the tax rate applied to the gains and the country where the gains were realized. Forex traders need to be aware of any taxes they may need to pay on the profits they make from trading Forex. Capital Gains Tax must be paid in the country where the gains originate, or where the Forex trader is a resident. Taxes on capital gains may also vary depending on the status of the investor, whether an individual, a corporation, or an investor who operates through a trust. Tax laws and regulations that apply to Forex trading can vary significantly between countries. Forex traders have to be aware of the tax regulations in the countries they are trading in order to stay compliant and avoid any penalties.

Forex Trading Strategies

16 30 Forex News: All You Need to Know About Trading

by Gustavo NilsAugust 21, 2023

The 16:30 forex news is one of the most important economic news releases for currency traders. This news release contains the results of the U.S. Department of Labor (DOL) Employment Situation report, which provides traders and investors with a detailed account of labor market developments, such as changes in non-farm payrolls, unemployment rate, and average hourly earnings. Additionally, the 16:30 forex news can provide insight into the level of consumer confidence, which can move the market. By studying the reports released at 16:30, currency traders will be better equipped to form a bias on the direction of a given currency pair.

Formula

Formula for Standard Deviation in Forex Trading: An Academic Guide

by Matthew M. LockettAugust 18, 2023

The formula for standard deviation in Forex allows traders to measure the volatility of a currency pair. This can provide valuable insights into whether a currency pair’s movement can be expected to be consistent or unpredictable over a period of time. Standard deviation is calculated by taking the square root of the variance of a dataset. In Forex, it is calculated by taking the square root of the sum of squared differences between each data point and the average rate for the currency pair. By doing so, traders can deduce the discrepancy of price movements and determine whether a currency pair may provide profit opportunities.

Capital

Long Term Capital Gains Tax in Forex Trading: Understand & Comply

by Nicole KnightAugust 10, 2023

Long-term capital gains tax in Forex is a tax levied on profits made from Forex trading held for more than one year. Long-term capital gains tax rates are generally lower than the rates for ordinary income and profits generated from investments that are held for shorter periods of time. Traders who are subject to the tax must pay this tax on all of their foreign exchange profit made from trading Forex. The amount of tax is determined by the investor’s location and the type of investment. In general, traders can expect to pay between 15-20% of their daily profits from trading Forex to the government in the form of taxes. This tax rate applies to traders regardless of whether they are classified as a professional or casual trader.