What is Core price index in Forex Trading?

Core price index is a US based economic report which consists of changes in the prices of items of all domestic personal consumption items. The Core  Price Index is a considerably less volatile report as compared to the  Price Index as it does not involve more volatile food and energy prices for the calculation of […]

What is Contract of difference in Forex Trading?

Contract of difference is a special kind of contract taking place between “buyer” and “seller” parties. This contract takes place for the  exchange of difference in value of a financial instrument during the time of opening and closing of contract.  CFDs can be declared as financial derivatives help investors to take advantage of fluctuations of […]

What is convergence in Forex Trading?

It is a known fact that the contract price of a futures contract is always more than the  current price of the  asset involved in the future contract. This happens mainly due to the effect of the time value of money. The spread between the spot price and future contact price reduces with the passage […]

What is Contract in Forex Trading?

Contract can be categorized as a legally binding agreement that sets  the rights and responsibilities  of the parties involved in the agreement. A contract is fully enforceable document according to the law as it meets all approvals of the law of land. A business contract normally includes exchange of services, goods,  money, or various business […]

What is Consumption spending report in Forex Trading?

Consumption spending report is scheduled to release at 8:30 AM (EST) after very quarter. Source of report : Statistics Canada Web Address : http://www.statcan.ca/start.html Address of Release : http://www.statcan.ca/english/Release/index.htm