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Day: December 26, 2018

Shutdown won’t stop key jobs report or CPI, but other data could be impacted

The partial government shutdown will have some impact on the release of market-moving economic data, though the biggest reports likely won’t be affected. Most prominently, the Bureau of Labor Statistics still plans on releasing the critical nonfarm payrolls report Jan. 4. Likewise, the Labor Department’s weekly jobless claims data also will be released, according to …

Shutdown won’t stop key jobs report or CPI, but other data could be impactedRead More

Forex Correlation: Using Currency Correlation in Forex Trading

What is currency correlation? Currency correlation, or forex correlation, denotes the extent to which a given currency is interrelated with another, helping traders understand the price movements of currencies over time and influencing their forex decisions. Currencies are traded in pairs, meaning no single currency pair is ever isolated. This means traders need to understand …

Forex Correlation: Using Currency Correlation in Forex TradingRead More