Forex pairs can be classified into three groups: major, minor, and exotic pairs. This educational article will focus on the major forex pairs. You can read more about what a forex pair is and how their classification works here. What makes a Forex pair a major currency pair? Currency pairs…

“Climate change can directly affect inflation. …

The 200% Deposit Bonus by Traders Trust was designed with traders in mind and is aiming to help them magnify their trading potential. With the bonus, traders triple their initial deposit and can open larger positions without depositing bigger funds. …

Bitcoin dipped below the $45,000 mark as Tesla CEO Elon Musk hinted on Twitter that they could be selling Bitcoin. US markets closed in the green on Friday after a choppy week of inflation data, stagnant retail sales, and a slight drop in 10-year Treasuries. Today, Monday, Federal Reserve Vice…

Yesterday, Thursday, the US jobless claims data was released with a weekly figure of 473,000 versus the expected 507,000. In addition, producer price data was also released which came in above expectations. …

Each country has its own currency, but it can also happen that countries group together to form an economic community and mint a single currency for their use, as is the case with Europe (Poland is an exception). When traveling to a foreign country we need to find out what…

Yesterday, Wednesday, the US Consumer Price Index data was released. The figure reached 4.6%, going up from 2.6% a year earlier, 2020. This represents the largest one-year increase since 2008 and considering energy, meat, and food prices rises, the largest increase since 1982. The rise in inflation can be attributed…

Concerns about inflation in the U.S. caused major selloffs in many company sectors and caused U.S. indexes to drop for a second consecutive day. The Dow Jones Industrial Average fell nearly 475 points marking the index’s sharpest one-day decline since February. Fears for rising inflation are not new; they have…

Crude oil is considered a highly valuable commodity because the demand for it is consistently at high levels. Except for being the main global energy source in a modern world with constantly increasing energy and consumption needs, it is also refined into high-demand everyday products such as gasoline, diesel, and…