What is New Housing Price Index – Canada in Forex Trading

The New Housing Price Index – Canada is an economic indicator which measures the adjustment in the selling price of newly constructed residents. It also reflects consumer optimism or pessimism regarding the purchase of newly built homes. New Housing Price Index – Canada continue unchanged in April 2020 after growing 0.9% in the preceding month […]

What is New Home Sales in Forex Trading?

The New Home Sales is an economic indicator circulated monthly by the United State Census Bureau that measures the sale of freshly constructed homes in the United States of America. Figures are stated as seasonally adjusted annual rates and unadjusted monthly rates. The New Home Sales observed as a lagging economic indicator of real estate […]

What is New Development Bank in Forex Trading?

The New Development Bank is previously mentioned as the BRICS Development Bank by the BRICS states, Brazil, Russia, India, China and South Africa. It is a multilateral development bank that supports private and public projects through loans, financial instruments, equity participation and guarantees. Additionally, the New Development Bank shall collaborate with financial entities and international […]

What is Netherlands Antilles Guilder in Forex Trading?

Netherlands Antilles guilder is officially announced national currency of Sint Maarten and Curacao which until 2010 formed the Netherlands Antilles along with Saba, Sint Eustatius and Bonaire. The currency is subdivided into 100 cents. The money is administrated by the Central Bank of Curacao and Sint Maarten. On 1st January 2011, the guilder was replaced […]

What is Net Position in Forex Trading?

In finance, a position refers to the volume of a specific commodity, currency or security owned or held by an entity or a person. In financial trading, it is a future convention does not replicate possession but reasonably a binding assurance to sell or buy a specific number of financial instruments such as currencies, commodities […]

What is Net Change in Employment – Canada in Forex Trading?

It is an economic indicator for Canada which measures the figure of people employed. The Net Change in Employment is an essential indicator of Canadian consumer spending.  A record decline in Canadian employment was seen in April 2020. The economy shed 1.99 million jobs after a 1 million loss in March 2020. The overall total […]