What is Moody’s in Forex Trading?
Moody’s Corporation or Moody’s is an American financial services company founded by John Moody in 1901. It is the holding company for Moody’s Analytic, an American provider of software, services, financial analysis, and Moody’s Investor Service, an American credit rating agency. Initially it was found to produce guidebooks of data related to bonds, bonds rating […]
What is Mongolian Tugrik in Forex Trading?
The tugrik is an official currency of Mongolia with currency code MNT and symbol ₮. Currency is subdivided into 100 mongo. Mongolian tugrik was introduced as an official currency on 9th December 1925 at worth equivalent to soviet ruble. On 9th April 1928, tugrik became sole currency of Mongolia by replacing the Mongolian dollar and […]
What is Money Supply in Forex Trading?
The money supply is total amount of money existing in an economy at particular time. There are quite a few means to describe money but standard definition include “currency in circulation and demand deposits”. The central bank of each country has its own definition of money supply according to its purpose. The record of money […]
What is Money Management in Forex Trading?
Money management is the process of budgeting, investing, saving and expense tracking of one’s money, which is also called investment management. It is a strategic technique that is used to crop the highest output value for any amount of money spent. It is the usual human phenomenon of sending money to satisfy desires. The knowledge […]
What is Monetary Policy in Forex Trading?
It is a policy implemented by the Monetary Authority of a country to regulate the money supply or interest rate mature on short term borrowing frequently aiming inflation to ensure public trust in currency and price stability. In other words, it is a fiscal policy which primarily focuses on government spendings, government borrowing and taxation. […]
What is Monetary Policy Committee United Kingdom in Forex Trading?
It is a voting committee of the Bank of England which meets eight times a year for three and half days to decide the official base rate of the Bank of England in the United Kingdom. The monetary policy committee is also accountable for leading other phases of government economic policy charter such as forward […]